MEDIA IN, Dubai, June 10, 2018 (WAM) Shuaa Capital, the integrated financial services company in the UAE and National Bonds Company, a specialist in savings and investment programs, announced plans to launch a joint venture in Saudi Arabia. The two sides signed a memorandum of understanding (MoU) to define their …
Read More »1300 inspection visits carried out by Saudi trade and investment at the shops and petrol stations
Media In / Riyadh 10 June 2018 During the month of Ramadan, the supervisory teams of the Saudi Ministry of Trade and Investment carried out more than 1,300 inspection visits to shops, gas stations, gold and jewelry stores in Makkah Al Mukarramah and Medina and the roads leading to it. …
Read More »“Residential” Saudi: Completion of booking 40% of the housing project “Rtaj Mecca”
Media In / Riyadh June 9, 2018 The Ministry of Housing has announced the completion of 40% of the project “Retaj Mecca” launched last month within the projects of “residential” and is located in the neighborhood of Nawariyah in the northern entrance to the holy capital, stressing that the third …
Read More »58 billion dirhams value of trade between the UAE and Saudi Arabia
Media In – June 8, 2018 The formation of the UAE-Saudi cooperation committees has contributed to closer relations between the two countries and increased the volume of trade exchange between them during the past months. Saudi Arabia has become the fourth most important trading partner in the UAE. Saudi Arabia …
Read More »The appointment of 5 Saudi banks as primary dealers in government securities
MediaIn / Agencies / Riyadh 7 June 2018 The Saudi Ministry of Finance, represented by the Debt Management Office in Jeddah today, signed an agreement to appoint five Saudi banks as primary dealers in local government securities, in the presence of His Excellency the Minister of Finance, Mr. Mohammed bin …
Read More »The first savings program in cooperation between the Social Development Bank and the Development Bank in Saudi Arabia
Media In / Agencies / Riyadh June 6, 2018 The Saudi Social Development Bank signed an agreement to implement its first savings program with Al-Enma Bank. The agreement was signed by the Director General of the Social Development Bank, Mr. Ibrahim bin Hamad Al-Rashed, and the Managing Director of Al-Enma …
Read More »Adil Airlines announces new aircraft joining its fleet
Media In / Riyadh 5 June 2018 Saudi Arabia’s third-largest airline, Adil Airlines, has announced the entry of a new fleet and the arrival of all eight aircraft under the recently concluded A320 CEO. The plane, dubbed “The Party,” arrived at King Abdulaziz International Airport in Jeddah recently from France …
Read More »$ 2.3 billion in trade exchange between Saudi Arabia and Egypt
Media In / Agencies June 5, 2018 The Central Bank of Egypt revealed that the volume of trade exchange between Saudi Arabia and Egypt reached 3.2 billion dollars during the first half of the current fiscal year 2017-2018. The Kingdom’s investments in Egypt reached $ 6.1 billion, accounting for 11% …
Read More »Saudi Industrial Fund: Raising the ceiling of funding limits for public shareholding companies to reach SR 1.8 billion
Media In / Agencies / Riyadh 5 June 2018 The Saudi Industrial Development Fund (SIDF) announced the lifting of its project funding limits as part of its incentives to National Public Shareholding Companies listed on the Saudi Stock Exchange (Tadawul) to help stimulate private sector enterprises to become public …
Read More »Completion of the reservation of Madinah projects within the program “Residential” in Saudi Arabia
Media In / Agencies / Riyadh 4 June 2018 The Ministry of Housing has announced the completion of the reservations of its projects in Medina, the number of 1171 units of the type of “apartment” variety of spaces and specifications and prices. The ministry confirmed the continuation of bookings in …
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