Media In – Riyadh – 13 September 2018 / WAM The Saudi Ministry of Finance announced the completion of receiving investors’ requests for its second international issuance under the Saudi Government Sukuk Program in US Dollars. The volume of the issue was set at a total of US $ 2 …
Read More »24% increase in cargo handling at Saudi Jazan Port
Media In / Agencies / Jazan 12 September According to the statistical index issued by the General Authority of Saudi Ports (Ports), the total cargo cargo handled at Jazan Port from the beginning of this year until August 2018 reached 1.26 million tons, an increase of 24% compared to the …
Read More »The establishment of the largest external digital advertising network in the country in cooperation between ADNOC Distribution and Etisalat
Media In – Abu Dhabi 11 September ADNOC Distribution signed an agreement with Etisalat to create digital advertising signage solutions at 100 ADNOC distribution stations, to become the largest outdoor advertising network in the UAE, to create other sources of revenue for both companies and to connect with their customers. …
Read More »Agreement between Expo Sharjah and Riyadh Exhibition Center
Media In – Riyadh – 11 September 2018 / WAM Sharjah Expo Center has signed a cooperation agreement with the Riyadh International Convention and Exhibition Center to exchange their professional experience and know the best practices applied by both sides in the field of exhibitions and conferences industry and organizing …
Read More »Abu Dhabi Chamber discusses opportunities for investment cooperation with South Africa
MEDIA IN, Abu Dhabi, September 11, 2018 (WAM) The Abu Dhabi Chamber of Commerce and Industry and a delegation from South Africa discussed opportunities for investment cooperation and the development of economic relations between the two sides. Abdullah Ghareer Al Qubaisi, Deputy Director General of Abu Dhabi Chamber of Commerce …
Read More »Saudi Aramco signs contract to build two drilling islands at China Harper Engineering
Media In / Agencies 11 September 2018 Saudi Aramco has sent a contract to build two drilling islands under the company’s program to increase production in the field of land, to China Harbor Engineering Arab, and the objective of this program to increase production in the wild to reach an …
Read More »Jordan Jordan Industry exports rise in 8 months
Media In / Amman 11 September The exports of the Amman Chamber of Industry during the past eight months of this year rose by 8.73%, driven by the increase of exports of six industrial sectors. The Chamber’s exports during the last eight months of this year amounted to 2.276 billion …
Read More »79%Percentage of localization of contracts of projects of the Saudi Electricity Company
Media In / Riyadh 10 September Saudi Electricity Company indicated that it has given absolute priority to local manufacturers and national companies in executing projects, buying equipment and providing materials from the Saudi market. 79% of the total value of contracts concluded during the past four years were with local …
Read More »UAE banking system expands to finance 10 economic sectors
Media In – Abu Dhabi – 10 September 2018 – WAM Figures from the Central Bank of UAE showed that the volume of credit extended to 10 vital economic sectors witnessed good growth in a move that reflects the high level of business activity since the beginning of this year, …
Read More »SABIC Saudi Arabia acquires 24.99% stake in Clarent
Media In / Riyadh 10 September Saudi Basic Industries Corp (SABIC), the world’s third-largest diversified chemical company, has confirmed that it has obtained all approvals from competitors for acquiring a 24.99% stake in Clarent AG, ), And Corvix Management, which manages the financial procedures for the acquisition, which will complete …
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