Media In / Riyadh June 16, 2019 The Real Estate Development Fund (IDF) ranked third in the top 14 government agencies in the services and development sector, achieving significant progress in its e-services to come within the green range in the maturity index of high impact government services launched by …
Read More »Saudi Arabia: Reducing container wages at Yanbu Industrial Port
Media In / Riyadh June 16, 2019 The Board of Directors of the Saudi Ports Authority agreed to reduce the handling fees and adjust storage periods for container vessels and fees for the container vessels at the King Fahad Industrial Port in Yanbu at rates ranging between (32 – 57.5%). …
Read More »7 new housing schemes provided by residential for Saudi citizens
Media In / Riyadh June 13, 2019 The housing program of the Ministry of Housing has announced the addition of 7 new residential schemes through its portal within the recently announced residential plans to allow beneficiaries to choose the appropriate residential plan. These plans provide more than 3,801 free plots …
Read More »Total tonnage cargo handled in Saudi ports increased by 6.40 percent during May 2019
Media IN Riyadh, June 12, 2019, SPA The number of handling containers reached (619,000), an increase of 6.40%, compared to the corresponding period of the previous year, according to the Saudi Ports Authority ”MAWANI”. The Total tonnage cargo handled in Saudi ports during the month of May 2019 was over …
Read More »Saudi stocks close higher
Media Riyadh, June 9. 2019 The index of major Saudi stocks closed today, up 182.74 points to close at 8699.22 points, and trades worth more than 2.4 billion riyals. More than 90 million shares were traded, with more than 80,000 shares changing hands, with 171 companies posting gains, while 12 …
Read More »Saudi, Japanese sign cooperation agreement In the field of communications and information technology
Media In / Riyadh 9 June 2019 The Ministry of Communications and Information Technology (MCIT) today signed a memorandum of cooperation with the Japanese Ministry of Interior and Communications to enhance joint cooperation between the Kingdom and Japan in the field of telecommunications and information technology to achieve further development …
Read More »65% Occupancy rate of hotels in Jeddah during Eid al-Fitr
Media In / Jeddah 9 June 2019 During the Eid al-Fitr holiday, Jeddah witnessed an increasing number of visitors through a remarkable rise in occupancy rates of more than 65% in hotels and up to 70% in furnished residential units especially units near the Corniche. The director general of the …
Read More »Jeddah Islamic Port participates in the exhibition of transport logistics 2019
Media In / Jeddah 3 June 2019 The General Authority for Ports, represented by the Jeddah Islamic Port, will participate in the exhibition of transport logistics 2019 during the period from 4 to 7 June 2019 in Munich, Germany, which is the largest and most important trade exhibition specialized in …
Read More »Saudi Arabia’s Unemployment rate drops in Q1 2019 by 12.5 percent
Media IN RIYADH 3rd-June-2019 The unemployment rate among Saudis has dropped to 12.5 percent during the first quarter of 2019 compared to 12.7 percent in the previous quarter, according to the latest figures of the Labor Market Bulletin published on Sunday by the General Authority for Statistics (GaStat). The unemployment …
Read More »Mortgage loans “grow 3-fold for the fourth straight month, the highest in Saudi history
Media In / Riyadh May 29, The monthly statistical bulletin of the most prominent economic indicators issued by the Saudi Monetary Agency (SAMA) revealed that the volume of residential mortgage loans provided by all financing institutions from commercial banks and retail companies for April 2019 continued to grow at the …
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