Dhahran 12 -8-2019 SPA Saudi Aramco today announced for the first time in its history its financial results for the first half of 2019, achieving a net income of $ 46.9 billion, compared to $ 53.0 billion for the same period last year. EBITDA for the first half of …
Read More »Sama”: New home mortgages for individuals jump by 429% over the past month
Media In / Riyadh July 29, The monthly statistical bulletin issued by the Saudi Arabian Monetary Agency (Sama) revealed that the number of residential mortgages extended to individuals from all financing institutions from commercial banks and financing companies continued to grow in June this year. Of all real estate financiers …
Read More »Ports “Saudi Arabia issues a unified license to the largest container fleet operator in the world
Media In / Jeddah July 29, The Saudi Ports Authority has issued a unified license to operate in all Saudi ports to Maersk Saudi Arabia, a subsidiary of Maersk International, the largest container fleet operator in the world. This is a continuation of the efforts exerted by the General Authority …
Read More »NEOM 2nd phase to commence before end of -2019: says CEO
Media IN RIYADH, 25th July, 2019 (WAM) Construction work of the first phase of Saudi Arabia’s megaproject, NEOM, is now complete, the Saudi Press Agency (SPA) reported. Nadhmi Al Nasr, CEO of NEOM, told SPA that the second phase strategy of the kingdom’s most ambitious project will be announced by …
Read More »Saudi Arabia’s Real Non-oil Growth Expected to Strengthen to 2.9 percent in 2019: IMF report
Media IN Riyadh 21st-07-2019 IMF expects Saudi Arabia’s real non-oil growth to strengthen to 2.9 per cent in 2019 as government spending and confidence increase, but real GDP growth is projected to slow to 1.9 per cent as real oil growth slows to 0.7 per cent with the implementation of …
Read More »Mada Saudi Arabia records 47% increase in the record of transactions executed through point of sale devices in the first half of this year
Media In / Riyadh 18 July 2019 In the first half of the year 2019, the national payment system “MADA” recorded an unprecedented record in the record of POS transactions, up 47% compared to the first half of last year. Total operations in the first half of this year amounted …
Read More »The 7th edition of the Job Fair will kick off October 14 in Saudi Arabia
Media In / Dammam 16 July 2019 Alsharqia Chamber will organize the seventh edition of the Jobs Fair 2019 from 14 to 17 October, with the participation of a number of companies, institutions and governmental and private entities concerned with the development and development of human resources at the Dhahran …
Read More »Landmark agreement inked to launch integrated waste management and recycling activity in Riyadh
Media IN Riyadh, July 14, 2019, SPA The National Waste Management Center, the Riyadh Municipality and the Saudi Investment Recycling Company, a wholly owned subsidiary of the Public Investment Fund, signed a tripartite memorandum of understanding (MoU) today, to start integrated waste management and waste recycling activities in Riyadh. Under …
Read More »ARAMCO Reviews Fuels Prices for the Third Quarter of 2019
Media IN Dhahran, July 14,2019,SPA Saudi Aramco has announced the new fuel prices for the third quarter (Q3) of 2019 The prices are as follows : Benzene 91 in Q2 2019 was at 1.44 SR per liter now to 1.53 SR in the Q3. Benzene 95 in Q2 2019 was …
Read More »SAR 1.5 million in fines for veterinary facilities and projects in Saudi Arabia
Media In / Riyadh 10 July 2019 The Ministry of Environment, Water and Agriculture imposed fines of 1.511.000 riyals on 47 violations of livestock regulations, veterinary medical professions and animal welfare during May and June of this year. The Director General of the Department of Health and Veterinary Control at …
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