MEDIA, Abu Dhabi, September 27, 2018 (WAM ) During the first seven months of 2018, the value of the aluminum trade in the Emirate of Abu Dhabi amounted to approximately AED 2.6 billion, the same value as during the same period of 2017. Figures from the Abu Dhabi Statistics Center …
Read More »The Saudi Development Bank has approved 408 projects valued at SR 78
Media In / Riyadh 27 September The Saudi Social Development Bank has approved the financing of 408 promising projects valued at (78.950.415) riyals in all regions of the Kingdom during the month of August this year, a 70% growth from what was financed last month. The bank also pointed out …
Read More »AED 8.5 Billion gains in the UAE capital markets in today’s session
MEDIA, Abu Dhabi, September 27, 2018 (WAM) The market capitalization of shares traded on the UAE stock market reached AED 8.5 billion on Thursday, supported by selective buying on a number of leading stocks, a move that was pre-emptive to the start of the corporate reporting season. Daily transaction monitoring …
Read More »Zakat and Income Taxation invites companies to submit their tax returns for August
Media In / Riyadh 27 September The Saudi Zakat and Income Tax Authority has invited the establishments registered in the value added tax, whose annual revenues from taxable goods and services is 40 million riyals and more, to submit their tax returns for the month of August before the end …
Read More »SR 56 million cost of 3 thousand home connections in the scheme of Sanabel south of Jeddah
Media In / Riyadh 26 September The National Water Company of Saudi Arabia has completed the implementation of a network of sewerage and sewerage networks for the Al-Sanabel Plan south of Jeddah, at a total cost of SR 56,311,020, as part of its service projects implemented to raise the level …
Read More »6 stations distributed between Mecca and Madinah to feed the Holy Train at a cost of one billion riyals
Media In / Riyadh 26 September The Saudi Electricity Company reported that six 380 kV transformations have been set up, especially for Al Haramain Express train between Makkah and Madinah, to enhance the reliability of the electric service of the train, which is the largest public transport project of its …
Read More »372 establishments in the labor market are committed to the decision to settle outlets in the activity of cars and motorcycles in Saudi Arabia
Media In / Riyadh 26 September The Ministry of Labor and Social Development conducted joint field inspection tours to follow up the decision to settle the outlets in the activity of cars and motorcycles, in different regions of the Kingdom. The inspection rounds resulted in the commitment of 372 establishments …
Read More »Trade exchange between the UAE and Saudi Arabia increased by 266.9 percent
MEDIA, Dubai, September 25, 2018 (WAM) According to the report issued by the Federal Authority for Competitiveness and Statistics, the value of trade exchange between the UAE and Saudi Arabia increased by 266.9 percent, with a total value of about 6 billion dirhams during the years 2008 to 2017. Imports …
Read More »Abu Dhabi Global Market and Smart Systems and Services Authority sign memorandum of understanding
MEDIA, Abu Dhabi, September 25, 2018 (WAM) The Smart Systems and Services Authority and the Abu Dhabi Global Market (ADX) signed a memorandum of understanding (MoU) to open new horizons of cooperation in the launch of innovative initiatives and joint ventures that contribute to the development of the free financial …
Read More »4% decline in the Jordanian trade balance deficit
Media In / Amman 25 September 2018 Jordan’s statistics department revealed that the balance of trade deficit “the difference between imports and exports” declined during the first seven months of this year by 3.9%, amounting to 5 million Jordanian dinars, compared to the same period last year. The Department indicated …
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