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Press Dossier   By Date  12/03/2023
Iran's rial climbs after accord to restore Saudi ties
The Iranian rial recouped some of its recent losses on Saturday, gaining more than 6 per cent amid prospects of diminished regional tensions after Iran and regional rival Saudi Arabia agreed to resume diplomatic ties.
17k held for labor, residency, border violations in KSA
Saudi authorities arrested more than 17,000 people in one week for breaching residency, work and border security regulations, according to an official report.
Saudi Arabia, Iran reach agreement to renew diplomatic relations after talks in Beijing
Saudi Arabia and Iran on Friday agreed to reestablish diplomatic relations and reopen their embassies within two months following years of tensions between the two countries.
Agthia Group eyeing $1.63bn annual revenue by 2025 amid Saudi expansion: CEO
Agthia Group PJSC, one of the leading food and beverage companies in the Middle East and North Africa region, is eyeing a 50 percent annual revenue increase by 2025 through expansion and acquisitions, a top official said.
Dar Global raring to go after listing on London Stock Exchange
Saudi real estate developer Dar Al Arkan has achieved great success over the years, but getting its global arm listed on the London Stock Exchange with a valuation of SR2.25 billion ($600 million) was certainly a milestone event, Dar Global’s CEO told Arab News in an interview.
KCCI discusses easy expat transfers within Kuwaiti market
In the presence of the International Labor Organization (ILO) and the International Organization of Employers (IOE), Kuwait Chamber of Commerce and Industry (KCCI) held a meeting on Tuesday to discuss the issue of facilitating the transfer of expatriate workers within the Kuwaiti market.
Kuwait’s real estate market shrinks
The latest released data by the Ministry of Justice -Real Estate Registration & Authentications Department- indicates a decreased real estate market activity during February 2023 versus January 2023 (after excluding the crafts activity and the coastal strip system).
Boursa Kuwait rings bell for gender equality for 6th consecutive year with Kuwait Clearing Company
Boursa Kuwait rang the bell for the sixth consecutive year on International Women’s Day in commemoration of gender equality and women’s empowerment and with the participation of the Kuwait Clearing Company (KCC), recognizing the significant role women play in the development of the Kuwaiti capital market and the private sector.
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