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Economy

CEO of Saudi Arabia’s Nahdi wants firm to go multinational as market cap hits $5.2bn

Follow-ups -eshrag News: RIYADH: Oil giant Aramco, national carrier SAUDIA, ACWA Power, Ma’aden, and ENOWA — a subsidiary of NEOM…

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Economy

Swiss energy trading firm Gunvor stops new business operations in Russia

Follow-ups -eshrag News: Author:  Tue, 2022-03-22 15:23 RIYADH: Swiss energy trading company Gunvor Group has announced that it has stopped…

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Economy

Italian IT firm Deda Group eyes $1.1bn IPO: Bloomberg

Follow-ups -eshrag News: Author:  Wed, 2022-03-16 17:42 RIYADH: Italy-based technology company Deda group is considering an initial public offering, estimated…

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Economy

Oil prices fall, bourses firm on hopes of Russia-Ukraine talks

Follow-ups -eshrag News: RIYADH: In line with most Gulf stock exchanges, Saudi Arabia’s Tadawul closed lower on Sunday as Russia’s…

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Economy

US-based advisory firm Ankura opens branch in Riyadh thanks to major economic reforms in Saudi Arabia, says top official

Follow-ups -eshrag News: Biden’s crypto order kicks the can down the road on digital assets: Crypto Moves Crypto assets rallied…

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Economy

Saudi IT firm Arab Sea swings into profit in 2021 as revenue more than doubles

Follow-ups -eshrag News: RIYADH: Saudi Arabia has met its target of getting 30 percent female labor force participation almost 10…

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Economy

Spanish firm INDRA wants to deepen its collaboration with Saudi’s defense sector

Follow-ups -eshrag News: RIYADH: The Ukrainian government has raised $50 million in cryptocurrency within a week since Russia launched its…

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Economy

Saudi IT firm MIS secures $453m Shariah-compliant loan for operations

Follow-ups -eshrag News: Frankly Speaking: ‘We have a huge program to discover more and more mineral resources,’ says Saudi industry…

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Economy

Saudi firm ACES parents with China Electronics to locally manufacture UAV payload systems

Follow-ups -eshrag News: Top defense topics ranging from interoperability, electronic warfare to sustainability dominate WDS on Day 1 RIYADH: With…

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Economy

Saudi tech firm MasterWorks raises its first investment of $40m 

Follow-ups -eshrag News: RIYADH: Saudi stocks declined at the closing bell on Wednesday, following three days of gains, as investors scrambled…

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