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Economy

Saudi Arabia estimates borrowing around $12bn in 2023, approves plan

Follow-ups -eshrag News: RIYADH: After seeing its highest level of initial public offerings by aggregate value in 2022 for 14…

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Saudi news

The Saudi Finance Minister approves the annual borrowing plan for 2023, at 45 billion riyals

Today, the Saudi Minister of Finance, Muhammad bin Abdullah Al-Jadaan, approved the annual borrowing plan for the year 2023 AD,…

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Saudi news

The Saudi Competition Authority approves the acquisition of “Namshi” by “Noon”

The General Authority for Competition in Saudi Arabia announced its approval of the acquisition of “Namshi Holding” by “Noon” company.…

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Saudi news

The Impact Financial Private Equity Fund approves the transfer of its “Jahez” shares to unitholders

Jahez International for Information Systems Technology “Jahez” announced that it had received a letter from Impact Financial Company, in their…

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Saudi news

The Saudi Market Authority approves the executive regulations for the new corporate law

The Board of the Saudi Capital Market Authority has approved the executive regulations of the new companies’ system for listed…

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Economy

Capital Market Authority approves amended prudential rules for Saudi Arabia

Follow-ups -eshrag News: RIYADH: China’s liquefied natural gas demand is forecast to recover in 2023 as the country emerges from COVID-19…

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Saudi news

The Saudi Market Authority approves the amended financial adequacy rules

The Board of the Saudi Capital Market Authority has approved the amended Financial Adequacy Rules, to be implemented as of…

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Economy

China approves $2.5bn hydro power plant in Qinghai province

Follow-ups -eshrag News: UAE In-Focus – Clean energy contributes 14% of Dubai’s total power production capacity   RIYADH: Dubai’s production capacity of clean…

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Saudi news

Glass approves 5% cash dividends for shareholders for the second half of 2022

The National Glass Industries Company “Zajaj” announced the decision of the Board of Directors to distribute cash dividends to the…

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Saudi news

The Saudi Market Authority approves offering 20% ​​of “Hamad Muhammad Al-Drees” in “Nomu”

The Saudi Capital Market Authority approved the request of Hamad Mohammed Al-Drees & Partners for Industry and Mining to register…

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