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Press Dossier   By Date  03/08/2025
SFD signs $92.7m loan deals to support Barbados across water, housing sectors
Loan agreements worth $92.7 million signed by the Saudi Fund for Development are set to boost the water, housing, infrastructure, and health sectors across Barbados.
Education spending drives Saudi POS transactions to $3.16bn
Education spending in Saudi Arabia increased by 3.6 percent in the week ending July 26, driving total point-of-sale transactions to SR11.87 billion ($3.16 billion), even as most other sectors saw declines.
IMF raises Saudi Arabia’s 2025 growth forecast to 3.6%
The International Monetary Fund has raised its 2025 economic growth forecast for Saudi Arabia to 3.6 percent, up from the 3 percent projected in April, citing stronger non-oil sector performance and the expected unwinding of OPEC+ production cuts.
Kingdom arrests 22,147 illegals in one week
Saudi authorities arrested 22,147 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
Saudi, Canadian diplomats sign deal to boost bilateral relations
Saudi Arabia’s Deputy Minister for Political Affairs Saud Al-Sati met with Canadian Assistant Deputy Minister for Europe, Arctic and Middle East Affairs Alexander Leveque in Ottawa.
GCC market sees $92.04bn in primary issuances in H1
In its Fixed Income Report, Kuwait Financial Centre (Markaz) states that primary debt issuances of Bonds and Sukuk in the Gulf Cooperation Council (GCC) countries amounted to $92.04 billion through 215 issuances during H1 2025, a 5.5 percent decrease from the same period last year, where issuances in H1 2024 amounted to $97.36 billion.
MoI arrests 80 violators, issues 1,100 citations
The Ministry of Interior (MoI) announced the arrest of 80 violators and wanted individuals and the issuance of more than 1,100 traffic citations during two large-scale security and traffic campaigns carried out across various locations in the country.
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