Media In / Agencies / Riyadh 2 May 2018 The Saudi Stock Exchange (Tadawul) announced today the establishment of the Clearing House Company (“Clearinghouse”) a joint stock company with a capital of SR 600,000,000 to develop future clearing services in line with international risk management practices and international standards. The …
Read More »Saudi Communications and Information Technology Commission launches Akrami service
Media In / Agencies / Riyadh 30 April 2018 The Saudi Communications and Information Technology Commission (STC) has launched the Akrami service, which enables the user of telecommunications services to view the details of the telephone numbers and data segments registered with the ID number of the telecommunication service providers …
Read More »Vantec Saudi initiative to make the Kingdom a leader in the financial technology sector
Media In / Agencies / Riyadh 30 April 2018 The Saudi Arabian Monetary Agency (SAMA) launched its Fintec Saudi Arabia initiative to support the Kingdom’s financial technology system to become a center for financial technology that embraces a thriving and responsible system that includes banks, investors, companies, universities and state …
Read More »Employment of 102 thousand Saudis during 2017 and the exit of 466 thousand foreigners from the labor market
Media In / Riyadh 30 April 2018 The quarterly labor market bulletin issued by the General Organization for Statistics today revealed that the number of Saudi employees by the end of 2017 amounted to 3,163,846 employees, up 102,449 employees compared to the end of 2016, while the number of foreign …
Read More »7 Saudi cities within the “second phase” of the interactive campaign of real estate solutions and housing
Media In / Agencies / Riyadh 26 April 2018 The real estate development fund, in cooperation with the Saudi Ministry of Housing, will launch the second phase of the interactive campaign of the Fund’s solutions and the Ministry of Housing, which will start today until May 5th, with the participation …
Read More »Saudi Arabia: Issuing the Directory of Imports and Exports subject to VAT
MediaIn / Agencies / Riyadh 26 April 2018 The General Authority for Zakat and Income (Zakat) has issued a guide for imports and exports of goods and services subject to value added tax to and from the Kingdom. This Guide represents the vision of the Authority in the application of …
Read More »Total Explores Gasoline Market in Saudi Arabia
Media IN / Riyadh / Paris Agencies 26/04/2018 French oil and gas giant Total said yesterday it was interested in the Saudi gas station market and indicated it had signed a memorandum of understanding with Saudi Aramco to consider options for operating the plants. The memo was signed on April …
Read More »Saudi Arabia: 18 water and environmental projects during the first quarter of 2018 at a cost exceeding 487 million riyals
Media In / Agencies / Riyadh 25 April 2018 The Saudi Water Distribution Sector has announced the operation of 18 water and environmental projects during the first quarter of 2018 in different regions of the Kingdom at a cost exceeding SR 487 million according to its plans based on the …
Read More »The Intersec Saudi Arabia showcases 170 companies from 25 countries
Media In / Agencies / Jeddah 25 April 2018 The Intersec Saudi Trade Fair, which is currently held at the Jeddah International Center for Forums and Events, competes with 170 exhibitors from 25 countries around the world, bringing together more than 100 security and safety professionals and more than 500 …
Read More »Saudi Arabia: Public Transport Authority licenses a public transport center north of Riyadh
Media In / Agencies / Riyadh 25 April 2018 The Public Transport Authority started to activate its proposal to benefit from the “Sar Train Station” in the north / east of Riyadh by allocating part of its site to operate the “Public Transport Center in North Riyadh”. The development step …
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