Media In-Abu Dhabi 11-01- 2019 The Minister of Energy, Industry and Mineral Resources, Khalid bin Abdul Aziz Al-Falih, will lead the Saudi delegation to the Abu Dhabi Sustainability Week 2019 which will start on Sunday and will last for four days. The delegation includes a number of competent authorities in …
Read More »Bahrain’s general and Islamic indices are closing higher
MEDIA IN \ Agencies 10 -01-2019 Bahrain General Index closed today at 1,341.72 points, up 3.45 points from yesterday’s close. The Bahrain Islamic Index closed at 813.85 points, up 4.77 points from the previous close. On the Bahrain Stock Exchange, investors traded 13.43 million shares at a total value of …
Read More »The Saudi index closed at 8210.16 points
MEDIA IN \ Agencies 10-01-2019 The index of major Saudi shares closed today, up 63.48 points to close at 8210.16 points, and trades worth more than 3.2 billion riyals. The number of shares traded was more than 130 million shares, which were shared by more than 100,000 transactions in which …
Read More »The first wind power project in Saudi Arabia
Media In / Riyadh 10 January 2019 The Ministry of Energy, Industry and Mineral Resources of the Ministry of Energy, Industry and Mineral Resources of Saudi Arabia has awarded the Wind Energy Project to the consortium led by French energy company EDF Energies Nouvelles and Abu Dhabi Future Energy Company …
Read More »Saudi oil and gas reserves soar
09-01-2019 MEDIA IN AGENCIES Saudi Arabia announced on Wednesday its oil and gas reserves as of the end of 2017 to reach 268.5 billion barrels of oil and 325.1 trillion cubic feet of gas. The increase in these reserves came after reserves in the Aramco concession area were subject to …
Read More »Meetings of “Saudi Exports” with 35 Pakistani companies to match the business
Media In / Riyadh 9 January 2019 Meetings of the Saudi-Pakistani Trade Mission will start with the participation of 65 national companies and 35 Pakistani companies wishing to import Saudi products in the food and building materials sector organized by the Saudi Export Development Authority (SAUDI), Saudi Exports, on Sunday, …
Read More »Optimism in US-China agreement falls in gold price
Media In / Agencies 09-01- 2019 The price of a ounce of gold fell on Monday as investors boosted the chances of an end to the Sino-US trade war, adding to the appetite for risk amid expectations of a halt in US interest rate increases. The spot price of gold …
Read More »Banks raise Saudi stock market
09-01-2019 MEDIA IN \AGENCIES The Saudi bourse rose in early Wednesday trading, as banks rose, while most of the Gulf markets in quiet trading, ahead of the announcement of corporate profits scheduled for next week. Saudi Arabia’s main index rose 0.1 percent, with Al Rajhi Bank up 0.2 percent and …
Read More »25 million tons of tonnage cargo handled in Saudi ports
Media In / Riyadh 8 January 2019 Between the statistical index issued by the General Authority of Saudi Ports (Ports), the total tonnage of handling cargo in the Saudi ports during the month of December 2018 amounted to (25) million tons, an increase of 11.38% compared with the corresponding period …
Read More »The Saudi Stock Exchange closed at 8,057.04 points
Media In / Agencies 08-01-2019 The index of Saudi Arabia’s main shares closed today, up 9.46 points to close at 8057.04 points, with trades worth more than 3.1 billion riyals. More than 130 million shares were traded in more than 100,000 transactions, with 74 companies posting gains, while 96 stocks …
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