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Financials and Investment News in Saudi Arabia

Mawani Authority Allocates SR 721 Million For 12 Projects in Dhiba Port
2/6/2018 - The Saudi Ports Authority (MAWANI) has announced the establishment and completion of 12 projects in the port of Dhiba on the northern Red Sea coast.

The project costs amount to SR 721 millio...
Saudi: Trademark Deals Signed As Saudi Int’l Exhibition for Franchise Opens
2/7/2018 -  The British companies appeared at the top of their enthusiasm as they compete with Arabian companies to invade the Saudi trademark market.

This happened during the launching of the “Saudi I...
Saudi: KSA Participants in Meeting of Arab Ministers of Finance and Economy in Cairo
2/8/2018 - Arab League Secretary-General Ahmed Aboul Gheit held a consultative meeting here with the Arab Ministers of Finance, Trade, Economy and Industry and their representatives prior to the start of Economi...
KSA Participates in Incentive Exhibition in Abu Dhabi
2/11/2018 - The Kingdom of Saudi Arabia, represented by the National Exhibitions and Conferences Program, has participated in Arab Incentives, Business Trips and Meetings in Abu Dhabi.

The Kingdom was re...
Saudi Stock Exchange Closes Down at 7327.15 Points
2/11/2018 - Saudi stock exchange index closed with a decrease 76 points reaching 7327.15 points, and trades worth more than SR 3 billion.

The number of shares traded amounting to more than 146 million s...
Muscat Securities Market Gains 8 Points
2/13/2018 -  Muscat Securities Market (MSM) general index (30) today gained (8.85) points, comprising a rise by (0.18%) to close at (5002.87) points, compared to the last session, which stood at (4994.02) poin...
Seminar on Saudi Economy Held
2/13/2018 -  A symposium on the kingdom's economy was held this evening in Riyadh within the Seminar within the activities of Janadriyah 32. .

The event featured a number of speakers who talked about the...
The President of the Council of Saudi Chambers President Meets Baghdad Governorate Council Chairman
2/14/2018 - The President of the Council of Saudi Chambers (CSC) Engineer Ahmed bin Sulaiman Al-Rajhi met here with Chairman of Baghdad Governorate Council Dr. Riyad Al-Adhadh.

During the meeting, Dr. Al...
Saudi Grains Organization To Import 960,000 Tons Of Fodder Barley
2/15/2018 - Saudi Grains Organization has completed procedures for tenders to import the second batch amounting to 960,000 tons of fodder barley during the period (April-May 2018) on board 16 ships through the Ki...
Muscat Securities Market Gains 2 Points
2/15/2018 - Muscat Securities Market (MSM) general index (30) today added (2.20) points, comprising a rise by (0.04%) to close at (5005.87) points, compared to the last session, which stood at (5003.67) points...
Muscat Securities Market Loses 2 Points
2/18/2018 -  Muscat Securities Market (MSM) general index (30) today lost (2.2) points, comprising a decline by (0.04%) to close at (5014.41) points, compared to the last session, which stood at (5016.62) poin...
Irish Businessmen Welcome Increasing Economic and Investment Cooperation with Saudi Arabia
2/21/2018 - Irish Businessmen has welcomed the strengthening of economic and investment cooperation with various sectors operating in the Kingdom of Saudi Arabia, and encouraging them to cooperate in achieving th...
Pakistan-Saudi Relations Play Constructive Role in Saudi Arabia's Development
2/24/2018 - China-Pakistan Economic Corridor (CPEC) is Pakistan's big economic development plan.

Which has created a lot of investment opportunities in Pakistan and it has the capability to transform th...
The Secretary General of the Council of Saudi Chambers Meets Danish Ambassador
2/25/2018 - The Secretary General of the Council of Saudi Chambers (CSC) Dr. Saud bin Abdulaziz Al-Meshari has met at the Council's headquarters with Danish Ambassador to the Kingdom Ole Frijs-Madsen.

Du...
Saudi Inflation Jumps in January on Price Hikes
2/25/2018 - Inflation rates in Saudi Arabia soared in January after the government introduced a string of price hikes to boost non-oil revenues, authorities said .

Rates rose three percent in January com...
Muscat Securities Market Gains 27 Points
2/27/2018 - Muscat Securities Market (MSM) general index (30) today added (27.07) points, comprising a rise by (0.55%) to close at (4985.28) points, compared to the last session, which stood at (4958.21) point...
KSA, UAE Continue to Spearhead Arabian Gulf Hospitality
2/27/2018 - The UAE will continue to lead the Gulf Cooperation Council (GCC)’s luxury hospitality segment to 2022, with 73 percent of existing luxury hotel stock and 61 percent of the region’s current luxury pipe...
Banks Still Weak in Saudi, Ex-Dividends Drag Down Qatar
2/28/2018 - Major Gulf stock markets were mostly lower in early trade with Saudi banks dropping for a fourth straight day, partly because of concern about the government’s move to retroactively increase their Is...
Mobily, Nokia collaborate for 5G project in Saudi Arabia
3/3/2018 - Etihad Etisalat (Mobily) has signed a Memorandum of Understanding with Nokia Co to launch 5G tests for the first time in the Kingdom of Saudi Arabia. The MoU was signed recently in Barcelona by Eng. A...
Muscat Securities Market Gains 8 Points
3/4/2018 -  Muscat Securities Market (MSM) general index (30) today gained (8.42) points, comprising a rise by (0.17%) to close at (5011.79) points, compared to the last session, which stood at (5003.37) points....

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