Media In – Cairo, May 15, 2018 The Ministry of Petroleum and Mineral Resources of Egypt and Saudi Aramco’s Aramco Trading Company discussed ways to enhance joint cooperation and achieve sustainability in the commercial relations between the petroleum sector and Aramco and to support the existing cooperation in the supply …
Read More »Saudi Arabia: 100 thousand housing and financing option from Residential Program 2018
Media In / jeddah 15 may 2018 The Ministry of Housing and the Saudi Real Estate Development Fund have announced the fifth installment of the “Residential” program for 2018, with a total of 21612 subsidized loans, housing units and land free, distributed throughout the Kingdom, within the target of the …
Read More »150 million riyals to finance agricultural projects in Saudi Arabia
MediaIn / Agencies / Riyadh 14 May 2018 The Board of Directors of the Saudi Agricultural Development Fund approved the financing of a number of agricultural loans valued at more than 150 million riyals during the management meeting held under the chairmanship of the Minister of Environment, Water and Agriculture …
Read More »An agreement between Adil Airlines and one of the specialized sites in hotel reservations
Media In / Agencies / Riyadh 14 May 2018 Adil Airlines has signed an agreement with one of the leading hotels in the field of hotel reservations to enhance its multiple e-services designed to facilitate travel and make it easier. Air Arabia’s Chief Executive Adil Kon-Corvatis said that the company …
Read More »Saudi Arabia: The General Establishment for Cereals issues a tender for the importation of 1.5 million tons of barley barley
Media In / Riyadh 10 May 2018 The General Organization for Saudi Cereals announced its fourth tender for the year 2018 for the importation of 1,500,000 tons of barley for supply during the period July – August 2018 distributed to 25 ships with 19 vessels for the Kingdom’s ports on …
Read More »Al Rajhi Capital: Oil revenues will exceed half a trillion .. Government spending will exceed the target in the budget of 2018
Media In / Riyadh 8 May 2018 Al Rajhi Capital revealed its forecast that the current year’s oil revenues will reach Rls 547.5 billion, 11.3% higher than the budgeted revenues of SR492 billion, assuming an average of $ 65 per barrel for April-December 2018, Aramco’s capital spending in the second …
Read More »The Saudi Public Investment Fund is organizing the Future Investment Initiative for 2018 next October
MediaIn / Agencies / Riyadh 8 May 2018 Under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and under the chairmanship of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Deputy Prime Minister, Chairman of the Council of …
Read More »The launch of the first Saudi equity fund licensed in the Dubai International Financial Center
Dubai, May 8, 2005 (WAM) Dalma Capital has announced the launch of the Kuwait Equity Fund, the first fund in the Dubai International Financial Center (DIFC) to focus on investing in Tadawul with an initial capital of SR 100 million. This open-ended investment fund is the first protected cell under …
Read More »Saudi Arabia supplies oil to Sudan over the next five years
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 …
Read More »Saudi Aramco and Madan sign MoU to develop promising cities, empower local community and women work in industrial cities
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 …
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