Saudi Arabia

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

MEDIA, Dubai, September 25, 2018 (WAM) According to the report issued by the Federal Authority for Competitiveness and Statistics, the value of trade exchange between the UAE and Saudi Arabia increased by 266.9 percent, with a total value of about 6 billion dirhams during the years 2008 to 2017. Imports …

MEDIA , Riyadh, Sept. 25 (WAM)   The Saudi Electricity Company (SEC) has announced the issuance of two-tranche international Islamic bonds worth $ 2 billion (7.5 billion Saudi riyals), divided into two tranches, worth $ 800 million. On September 13, the company announced its intention to return to international debt …