Media In / Riyadh December 16, The King Abdullah Center for Petroleum Studies and Research (KAPSARC) signed a Memorandum of Understanding (MoU) with the Gulf Cooperation Council (GCC) Electricity Interconnection Authority to strengthen the research partnership in the electric power sector and develop research that will improve the efficiency of …
Read More »Agreement between Saudi SABIC and the Social Development Bank to finance small enterprises in local content
Media In / Riyadh December 16, The Social Development Bank (SABIC) and Saudi Basic Industries Corporation (SABIC) in Riyadh signed a cooperation agreement to provide financing support to small industrial enterprises through opportunities under the NSAND initiative. Priority in the Kingdom. The agreement aims to provide a range of financing …
Read More »SABIC and the Social Development Bank sign a cooperation agreement
Media In 16-12-2018 The Social Development Bank (SABIC) and Saudi Basic Industries Corporation (SABIC) signed a cooperation agreement to provide financing support to small industrial enterprises through opportunities under the “NSAND” initiative. Priority in the Kingdom. The agreement aims to provide a range of financing products and non-financial services to …
Read More »Kuwait allows foreign investors to own and trade bank shares
MediaIN gencies 16-12-2018 Kuwait’s Minister of Trade and Industry Khalid Al-Rowdan on Saturday issued a decree allowing foreign investors to own and trade Kuwaiti banks without a cap for ownership, the official KUNA news agency reported. The procedure requires the approval of the Central Bank of Kuwait, if the ownership …
Read More »The “Arab Digital Economy” conference opens in Abu Dhabi today
Media In-Abu Dhabi -16 December 2018 The Arab Digital Economy Conference, sponsored by HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, will be launched in Abu Dhabi on Sunday to launch the Arab vision for the digital …
Read More »65% decrease in investment in Jordan
Media In/ Amman 13 December 2018 A report issued by the Central Bank of Jordan shows that foreign direct investment (FDI) in Jordan declined by 56 percent or JD493.4 million during the first half of this year compared to the same period last year. The inflow of foreign investment to …
Read More »“RAK Economic” honors “MediaN”
Media In – Ras Al Khaimah December 13, The Department of Economic Development in Ras Al Khaimah honored MediaIn, a specialist in economic news, at its annual ceremony for strategic partners contributing to the development of the services and initiatives of the department and to achieve its objectives to ensure …
Read More »Dana Gas: Production rises to 70,000 barrels of oil equivalent per day
Media In – Abu Dhabi – 13 December 2018 Dana Gas has announced that its production has increased to 70,000 barrels of oil equivalent per day since last November. The company said in a statement published on the Abu Dhabi Securities Market that the increase in the rate of production …
Read More »11.2 billion dirhams of banks’ loans to the trade and industry sectors
Media In Abu Dhabi, 13 December 2018, The value of credit facilities provided by banks operating in the UAE to the trade and industry sectors amounted to AED 11.2 billion at the end of September 2018, bringing the total balance of facilities to AED 230.9 billion compared to 219.7 in …
Read More »A memorandum of understanding to employ 40,000 Saudis and Saudis over the next two years
Media In / Riyadh December 13, 2018 The Ministry of Labor and Development Alajtmaihalsaudih and the Ministry of Health, and Human Resources Development Fund (goal), and the Council of Saudi Chambers of representatives of the National Health Committee, a memorandum of understanding to employ 40 thousand Saudi and Saudi Arabia, …
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