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Business
Saudi Ministry of Finance to acquire stake in Zain
The Saudi Mobile Telecommunications Company (Zain) announced
on Monday 19 August 2019 entering discussions with the Saudi…
Saudi Exports participate in Hong Kong Food Expo 2019
Supporting Saudi products in international markets, the Saudi Export Development Authority (SEDA) participates in the Hong Kong…
Speaker of Arab Parliament praises Saudi Arabia, UAE for financial support…
Speaker of Arab Parliament Dr. Mishaal bin Fahm Al-Salami lauded the joint Saudi Arabia, UAE financial support extended to Sudan…
Pound set for biggest weekly gain in nearly 2 months
The pound gained for a second consecutive day on Friday, the international news organization Reuters reported.Against the…
Saudi Aramco to acquire 20% stake in RIL
Mukesh
Ambani, India's richest man and RIL’s Chairman, announced a huge business deal yesterday,
saying, while announcing the…
Bloomberg: Aramco is the most profitable companies in the world
Saudi Aramco said in a report on its first-half profit that the profit fell 12% to $46.9bn in the first six months of 2019.…
Saudi Aramco profits reach $47bn in 2019’s first half
Saudi Aramco company raises its cash dividends to shareholders by 48% to $49bn.Saudi Aramco reported a net profit of $46.9bn…
Expectations about “OPEC cuts” rising oil prices
Among expectations about new cuts by the Organization of the Petroleum Exporting Countries (OPEC), oil prices raised.Oil…
Turkish industrial production seen contracting 1.01% in June
Turkey's industrial production is expected to register a 1.01% annual contraction in June, a Reuters poll showed on Friday, as…
MAWANI handles 23mn tons of cargo during July
In last July, the Saudi Ports Authority (MAWANI) oversaw handling 23 million tons of cargo in Saudi ports. The number of…