Media In / Riyadh 3 October 2018 The Saudi Ministry of Finance has provided a US $ 200 million grant to the Central Bank of Yemen in support of its financial position. The grant was transferred on Wednesday. The grant and the deposit made in the Central Bank of Yemen …
Read More »Jeddah Islamic Port receives more than 37 thousand passengers during August
Media In / Jeddah 2 October 2018 Jeddah Islamic Saudi Port recorded a rise in the number of passengers during the month of August 2018, with an increase of 10% compared to the same period last year. The number of passengers received by 37,820 passengers. The General Authority of Ports …
Read More »140,000 homes in Saudi soup connected to broadband by 2020
Media In / Al – Ahsa October 1, Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) aims to reach fiber-optic broadband services to more than 140,000 homes in Al-Ahsa by the end of 2020. Where the ministry has several projects for the deployment of wireless broadband services in remote …
Read More »Saudi Arabia expects 2019 budget expenditure to rise to 1.106 trillion riyals
Media In – Riyadh – 30 September 2018 / WAM / Saudi Arabia’s budget will rise by 7 percent to 1.106 trillion riyals and revenues will rise to 978 billion riyals, up 11 percent, the kingdom’s finance ministry said on Thursday. Saudi Finance Minister Mohammed Al-Jadaan, during the announcement of …
Read More »Saudi Arabia: 17.76% Rise in GDP at current prices
MediaIn / Riyadh 30 September Saudi Arabia’s Gross Domestic Product (GDP) at current prices increased by 17.76% during the second quarter of 2018 compared to the same period last year, Where the oil sector witnessed a rise in the value of GDP at 44.02% at current prices and 1.33% at …
Read More »The Saudi Development Bank has approved 408 projects valued at SR 78
Media In / Riyadh 27 September The Saudi Social Development Bank has approved the financing of 408 promising projects valued at (78.950.415) riyals in all regions of the Kingdom during the month of August this year, a 70% growth from what was financed last month. The bank also pointed out …
Read More »Zakat and Income Taxation invites companies to submit their tax returns for August
Media In / Riyadh 27 September The Saudi Zakat and Income Tax Authority has invited the establishments registered in the value added tax, whose annual revenues from taxable goods and services is 40 million riyals and more, to submit their tax returns for the month of August before the end …
Read More »SR 56 million cost of 3 thousand home connections in the scheme of Sanabel south of Jeddah
Media In / Riyadh 26 September The National Water Company of Saudi Arabia has completed the implementation of a network of sewerage and sewerage networks for the Al-Sanabel Plan south of Jeddah, at a total cost of SR 56,311,020, as part of its service projects implemented to raise the level …
Read More »6 stations distributed between Mecca and Madinah to feed the Holy Train at a cost of one billion riyals
Media In / Riyadh 26 September The Saudi Electricity Company reported that six 380 kV transformations have been set up, especially for Al Haramain Express train between Makkah and Madinah, to enhance the reliability of the electric service of the train, which is the largest public transport project of its …
Read More »372 establishments in the labor market are committed to the decision to settle outlets in the activity of cars and motorcycles in Saudi Arabia
Media In / Riyadh 26 September The Ministry of Labor and Social Development conducted joint field inspection tours to follow up the decision to settle the outlets in the activity of cars and motorcycles, in different regions of the Kingdom. The inspection rounds resulted in the commitment of 372 establishments …
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