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 …
Read More »Saudi Electricity Company issues Islamic bonds worth $ 2 billion
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 …
Read More »720 billion dirhams volume of trade between the UAE and Saudi Arabia in 15 years
Media In – Abu Dhabi – 24 September A statistical report by the Federal Customs Authority revealed the growth of the total volume of non-oil trade between the UAE and Saudi Arabia by 1230% since the formation of the Gulf Customs Union in 2003 until the end of the first …
Read More »57% Increase the handling of general cargo at Yanbu Saudi port
Media In / Yanbu 20 September General cargo handled in Yanbu Saudi Port increased by 57% during August of 2018 by 510,311 thousand tons compared to 325,233 thousand for the same period of 2017. The port aspires to continue to achieve new achievements by attracting shipping lines, in order to …
Read More »Saudi Arabia: the adoption of the prices of train tickets Al Haramain fast
MediaIn / Agencies / Riyadh 20 September The General Organization of Saudi Railways has approved the pricing of Al Haramain Express train tickets. The price of tickets for Al Haramain fast train varies depending on the destination and the destination of the traveler. For example, the fare between the Sulaymaniyah …
Read More »13% increase in container handling transshipment at Jeddah Islamic Port
Media In / Agencies 19 September 2018 Jeddah Islamic Saudi Port has achieved an increase in the handling of transshipment containers since the beginning of the current year until the end of August 2018, which reached 13% compared to the same period of the previous year. The number of container …
Read More »24 million riyals for the establishment of fishing harbor Almkhafr in Madinah Saudi Arabia
Media In / Riyadh 18 September Undersecretary of the Ministry of Environment, Water and Agriculture, Eng. Ahmad Al-Ayedah, signed the contract for the construction of the fishing harbor in Al-Madinah Al-Munawwarah region with a value of SR 24,722,994 with one of the competent companies to establish the port on the …
Read More »SABIC and CLARINT sign a memorandum to produce high-performance materials
Media In / Agencies / Riyadh 18 September Saudi Basic Industries Corporation (SABIC) and Clarent have signed a memorandum of understanding that enables Clarent to set up a specialty chemicals business to produce high performance materials. The project is an exceptional extension of SABIC’s global growth. Is currently taking steps …
Read More »Saudi Arabia: 62 water and environmental projects at a cost of 1.8 million riyals
Media in/ Riyadh 17 sep 2018 The Saudi Water Distribution Sector announced the completion of 62 water and environmental projects since the beginning of this year until the end of August 2018 in various regions of the Kingdom at a cost of over 1.8 billion riyals, according to its plans …
Read More »3000 residential units and a hotel ready for sale on the map in Mecca and Riyadh
Media In / Riyadh 17 September The sales committee on the Saudi map “Wafi” two sales licenses on the map for two real estate projects in Mecca and Riyadh, each of Jabal Omar and the real estate alliance includes about 3000 housing units consisting of apartments, villas, townhouse and hotel …
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