Riyadh 29-Sep-2019 His Excellency the Minister of Industry and Mineral Resources and Chairman of the Board of Directors of the Saudi Industrial Development Fund, Mr. Bandar bin Ibrahim Al-Khuraif, today sponsored the launch of financial services and products After the amendment of the Fund’s Articles of Association under the slogan …
Read More »Hackathon Dates continues with more than 1,000 young men and women
Riyadh 28 -9-2019 \ SPA Dates Hackathon, organized by the Ministry of Communications and Information Technology and the Ministry of Environment, Water and Agriculture, continued its activities with the aim of harnessing modern technologies to enhance the date production industry in the Kingdom to reach the first place globally by …
Read More »The Kingdom wins the elections of the Council of the International Civil Aviation Organization “ICAO”
Riyadh 28 -9-2019 \ SPA The Kingdom of Saudi Arabia won the elections of the Council of the International Civil Aviation Organization (ICAO) during the General Assembly meeting No. (40); the Kingdom achieved a big victory in the nominations for permanent membership in the Council of the Organization along with …
Read More »The Kingdom opens its doors to tourists from all over the world by launching the tourist visa and announces the attraction of 115 billion riyals
Riyadh 27 -9-2019 SPA The Kingdom announced the opening of its doors to tourists from all over the world and the launch of the e-tourist visa, during a ceremony organized by the General Authority for Tourism and National Heritage today in Riyadh. The event, which coincided with World Tourism Day, …
Read More »The Saudi Minister of Municipal and Rural Affairs issues a decision to establish the Municipal Center for Digital Transformation to accelerate the pace of technical work in the municipal work system
Riyadh 26 -9-2019 \ SPA His Excellency the Minister of Municipal and Rural Affairs in charge of Dr. Majed bin Abdullah Al Qasabi issued a decision to establish an organizational unit called (Municipal Center for Digital Transformation) in the Ministry to unify digital and technical works in the municipal sector. …
Read More »The Saudi Stock Exchange Index closes down at 8028.19 points
Riyadh 26 -9-2019 \ SPA The main Saudi index closed the day down 2.10 points to close at 8028.19 points, and transactions worth more than 2.5 billion riyals. The number of shares traded more than 100 million shares shared by more than 90 thousand transactions, in which shares of 74 …
Read More »SAMA reduces REPO, REVERSE REPO
Riyadh, September 18, 2019, SPA The Saudi Arabian Monetary Authority (SAMA) has reduced the REPO rate by 25 basis points from 2.75% to 2.50% and the REVERSE REPO rate by 25 basis points from 2.25% to 2.00%. The decision is consistent with SAMA’s objective of preserving Monetary Stability amid evolving …
Read More »Prince Abdulaziz bin Salman bin Abdulaziz Al Saud is appointed Minister of Energy.
Jeddah, September 07, 2019, SPA — Three royal orders were issued today by Custodian of the Two Holy Mosques King Salman bin Abdul-Aziz Al Saud. They are as follows: 1. Eng. Khalid bin Abdulaziz Al-Faleh, Minister of Energy, is relieved of his position. Prince Abdulaziz bin Salman bin Abdulaziz Al …
Read More »A delegation from the Iraqi Ministry of Oil reviewed the development experience in Jubail Industrial City
Jubail 28 August 2019 SPA The Executive Chairman of the Royal Commission in Jubail, Eng. Mustafa Al-Mahdi, met today with a delegation from the Republic of Iraq, headed by Undersecretary of the Iraqi Ministry of Oil, Dr. Hamed bin Saleh Younis Al-Zobaie, and directors of all Iraqi oil companies. Dr. …
Read More »Saudi Energy Minister: Saudi oil production and exports not affected by terrorist attack on Shaybah
Riyadh 17 -8-2019 / WAM Saudi Arabia’s Minister of Energy, Industry and Mineral Resources said that one of the units of a natural gas plant in the Saudi oil field “Al-Shaiba” was attacked by terrorist drones, causing limited damage, without any human injuries. The news agency quoted the Saudi news …
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