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Financials and Investment News in Saudi Arabia

CSC Secretary General Discusses with Saudi Ambassador to Venezuela Development of Economic Relations
5/16/2018 - The Secretary-General of the Council of Saudi Chambers (CSC) , Dr. Saud bin Abdulaziz Al-Meshari, has recently discussed with the Saudi Ambassador to the Bolivarian Republic of Venezuela Saad bin Abdu...
Madinah Chamber of Commerce and Industry Chairman Receives US Consul General
5/16/2018 - Chairman of the Board of Directors of Madinah Chamber of Commerce and Industry Munir Mohammed Nasser received here the United States Consul General Matthias Mitman, in the presence of business men an...
Yemeni Central Bank Discusses Monetary Policy Taking Advantage Of Saudi Deposit Of $ 2 Billion
5/17/2018 -  An extensive meeting in the temporary Yemeni capital of Aden, headed by Governor of the Central Bank of Yemen Mohammad Zemam, has discussed a number of issues related to monetary policy and the banki...
Muscat Securities Market Declines 36 Points
5/17/2018 -  Muscat Securities Market (MSM) general index (30) lost (36.07) points, comprising a decline by (0.78%) to close at (4617.71) points, compared to the last session, which stood at (4653.78) points.<...
Muscat Securities Market Declines 27 Points
5/21/2018 -  Muscat Securities Market (MSM) general index (30) lost (27.55) points, comprising a decline by (0.60%) to close at (4590.16) points, compared to the last session, which stood at (4617.71) points.<...
EC English Launched in Saudi Arabia
5/21/2018 - EC English celebrated the opening of its branch in here, marking its first presence in the region, during a ceremony held recently at the school in Olaya View Tower, in the presence of senior represen...
Emerson agrees to buy Aventicsss
5/21/2018 - EMERSON recently announced it has agreed on terms to acquire Aventics from Triton for a cash purchase price of €527 million.

Aventics is among the global leaders in smart pneumatics technolo...
Muscat Securities Market Declines 16 Points
5/23/2018 - Muscat Securities Market (MSM) general index (30) lost (16.4) points, comprising a decline by (0.36%) to close at (4579.24) points, compared to the last session, which stood at (4595.59) points.
Saudi Arabia Ranks 39th Among World’s Most Competitive Economies
5/24/2018 - The 30th edition of the IMD World Competitiveness Yearbook, saw a slight decrease in the ranking of the Kingdom of Saudi Arabia, moving down three places, and landing on 39th.

Despite experie...
HRH Crown Prince Chairs Meeting of Economic and Development Affairs Council
5/24/2018 - HRH Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Vice President of the Council of Ministers and Minister of Defense, who is also Chairman of the Council of Economic and Development Affairs,...
HRH Crown Prince Meets President of Davos World Economic Forum
5/24/2018 - His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Vice President of the Council of Ministers, and Minister of Defense, met here today the President of Davos World Economic For...
Saudi Arabia Re-Opens Sixth Issue Of Sukuk
5/27/2018 -  Saudi Arabia's Ministry of Finance on Saturday announced it has completed a tap issuance of the 2018-04 issuance for the first time under the Saudi Arabian Government SAR-denominated Sukuk Programme....
Dubai Free Zones To Stimulate Foreign Direct Investment
5/27/2018 -  The Dubai Free Zones, DFZ Council discussed in its 9th meeting initiatives to promote foreign direct investment, FDI, flows to the emirate’s free zones.

Key items on the agenda included eas...
Saudi Arabia’s Real GDP To Grow By 1.8% In 2018
5/29/2018 - Saudi Arabia’s real GDP is projected to grow by 1.8% this year as non-oil GDP is also expected to support the economy by increasing 2.8% on an annual basis, the latest NCB Saudi Economic Perspectives ...
Cloud Catalyzes Saudi ICT Market To Top SR127 Billion
5/31/2018 -  As the Saudi ICT market tops SR127 billion, cloud investment will fast-track Saudi Vision 2030 goals and Smart Cities growth, according to the newly-appointed Managing Director of Saudi Arabia, SAP.<...
Muscat Securities Market Gains 9.77 Points
5/31/2018 - Muscat, Ramadan 15, 1439, May 31, 2018, SPA -- Muscat Securities Market (MSM) general

index (30) added (9.77) points, comprising a rise by (0.21%) to close at (4606.68) points, compared to t...
Saudi Economy Improves; Inclusion in MSCI’s EM Index Eagerly Awaited
6/2/2018 - Global index compiler MSCI is expected to announce its much-awaited decision on the Kingdom’s inclusion in its Emerging Market (EM) index in June, which will help the country attract billions of dolla...
King Abdullah Port Container Handling Up 45% In 4 Months
6/3/2018 -  Rayan Qutub, CEO of King Abdullah Port, King Abdullah Economic City, has announced that the port has achieved new heights in container handling this year, already showing a 45% increase during the fi...
Saudi Economy Improves; Inclusion In MSCI’s EM Index Eagerly Awaited
6/3/2018 -  Global index compiler MSCI is expected to announce its much-awaited decision on the Kingdom’s inclusion in its Emerging Market (EM) index in June, which will help the country attract billions of doll...
The Saudi Industrial Development Fund Presents New Initiatives to Support Industry in the Kingdom
6/4/2018 - Officials affiliated to the Saudi Industrial Development Fund (SIDF) explained that SIDF has launched a number of initiatives aiming at presenting high-class services and products depending on the pri...

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