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3 weeks ago | 
arabnews.pk | Reina Takla
RIYADH: Saudi Arabia’s Tourism Development Fund is pursuing partnerships with global banks to secure additional financing for large-scale hospitality and infrastructure projects, as interest in the Kingdom’s fast-growing travel market intensifies.
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3 weeks ago | 
arabnews.pk | Reina Takla
RIYADH: Wyndham Hotels & Resorts, a US-based hospitality group, has announced plans to introduce its Super 8 brand in Saudi Arabia, with an ambitious target of launching approximately 100 properties across the Kingdom over the next 10 years.
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3 weeks ago | 
arabnews.pk | Reina Takla
RIYADH: UK multinational hospitality giant IHG Hotels and Resorts is planning to add an additional 15,000 rooms in Saudi Arabia, as it eyes opening another 50 hotels in the Kingdom by 2030, according to an official.
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1 month ago | 
flipboard.com | Reina Takla |Mohammed Al-Kinani
1 day agoMonday Briefing: China Pauses Crucial ExportsPlus, an art forest in Thailand. China struck back at U.S. tariffs with an export pause China has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries.
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1 month ago | 
arabnews.jp | Reina Takla
Saudi Arabia, US in talks to sign deal on nuclear technology Short Url: 13 Apr 2025 09:04:41 GMT9 US and Saudi Arabia to sign agreement on energy investments and civilian nuclear technology Further details on nuclear cooperation between Washington and Riyadh would come later this year RIYADH: The US and Saudi Arabia will sign a preliminary agreement on energy cooperation and civilian nuclear technology, Energy Secretary Chris Wright told a press conference in the Saudi capital on Sunday. The...
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1 month ago | 
arabnews.com | Reina Takla
Lebanon approves bank restructuring law to tackle financial crisis /node/2596846/business-economy April 13, 2025 12:55 Lebanon approves bank restructuring law to tackle financial crisis RIYADH: The Lebanese government approved a draft law on April 12 to reform and restructure the country’s banking sector, marking a significant step toward addressing the financial crisis that has persisted since 2019.
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2 months ago | 
arabnews.pk | Reina Takla
DUBAI: Amid the ongoing global economic turbulence, the Gulf Cooperation Council region has demonstrated resilience, emerging as a dynamic hub. Its capital markets have weathered challenges, from US tariff shocks to fluctuations in oil prices, according to the group chief executive of EFG Holding.
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Feb 18, 2025 | 
arabnews.pk | Reina Takla
RIYADH: Saudi Arabia’s stock exchange has introduced a new Capital Management System to streamline the initial public offering process, lowering costs for companies, and broadening investor participation. In an interview with Arab News at the Capital Markets Forum in Riyadh on Tuesday, Mohammed Al-Rumaih, CEO of Saudi Exchange, explained that the new system is set to transform the Kingdom’s capital markets by making IPOs faster, more affordable, and accessible to a wider range of investors.
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Feb 18, 2025 | 
arabnews.pk | Reina Takla
RIYADH: Saudi clearinghouse Muqassa has announced a partnership with Fidelity Information Services Global to enhance trade automation for market participants. In an interview with Arab News during the Capital Markets Forum in Riyadh, Wael Al-Hazzani, Muqassa’s CEO, stated that the collaboration marks a significant step in expanding the firm’s services and improving operational efficiency within the Kingdom’s financial markets.
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Feb 18, 2025 | 
arabnews.pk | Reina Takla
RIYADH: Saudi Arabia’s stock exchange has a robust pipeline of 50 initial public offerings, a sign of growing confidence in the Kingdom’s capital market, according to a top official. Lee Hodgkinson, group chief strategy officer at Saudi Tadawul Group, said the increasing number of private sector listings underscores the maturity of the country’s financial ecosystem.
