Saudi Arabia

Media IN 08/05/2018 Sudan’s oil minister said on Monday that Saudi Arabia would supply Sudan with millions of tons of oil over the next five years to help it overcome the energy crisis. “We have returned from Saudi Arabia after negotiating with the Saudi side to supply Sudan with oil …

MediaIn / Riyadh 7 May 2018 Saudi Aramco signed a Memorandum of Understanding (MoU) with the Saudi Industrial Cities and Technology Zones Authority (MADON) to co-operate with them in empowering the local community, developing promising cities and enhancing women’s work in industrial cities. The Commission in Riyadh. The memorandum of …

Media In – Abu Dhabi 7 May 2018 / WAM / Abu Dhabi’s total trade with Saudi Arabia stood at AED 1.4 billion in January, up 3.7% from the same month in 2017, reflecting a continued high level of trade between the two countries. As the trade relations between the …

Media In / Agencies / Riyadh 7 May 2018 The net profit of Saudi National Gas and Industrialization Company decreased to SR38.8 million during the first quarter of 2018 compared to SAR 64.9 million for the corresponding quarter of the previous year by 40%. This came after today’s announcement of …

MediaIn / Agencies / Riyadh 7 May 2018 The Ministry of Housing announces the issuance of the white land fees for the city of Dammam for the year 1439/1440 AH and calls on those responsible for the initiative to develop their land or payment within one year from the date …

Media IN-Reuters 07/05/2018   Saudi Energy Minister Khalid al-Falih told Japan’s Commerce Minister Hiroshige Seko that he had concerns about low levels of investment and prospects for future oil shortages. “We believe we are in the process of restoring energy to the market and Japan will continue to receive the …

Media In / Agencies / Riyadh May 6, 2018 The Saudi Organization for Industrial Estates and Technology Zones (MODON) revealed a significant increase of 10% in the number of new factories in Jeddah’s 3rd Industrial City by the end of last year 2017 compared to the previous year 2016. The …

Media IN 06/05/2018 SAUDI ARABIA (Reuters) – Saudi Aramco has set up deals worth more than 26 billion riyals ($ 6.93 billion) to 16 local companies as part of a drive to expand the kingdom’s industrial base and manufacture the largest share of locally produced products, The 10-year purchase agreement, …

MEDIA IN / SPA 05 – 05 – 2018 His Royal Highness Prince Khalid Al-Faisal, Advisor to the Custodian of the Two Holy Mosques Prince of Makkah Region, will launch the first edition of Makkah Economic Forum titled “From Vision to Achievement … Invest in Makkah” in the presence of …

MEDIA IN, Riyadh, May 2, 2018 (WAM) Saudi Finance Minister Mohammed al-Jad’an predicted a decrease in the current year’s budget deficit from 2018 to 7 percent of GDP. Pointing out that the Kingdom was able within two years between 2015 and 2017 to reduce the deficit by 40 per cent …