July 19th, 2019 | 0 commentsNewly appointed Saudi Ambassador to the United States Princess Reema bint Bandar met with US Treasury Secretary Steven Mnuchin to discuss opportunities to further strengthen the countries’ partnership. The Saudi Arabian embassy in the US, in a tweet, said the two senior officials explored “ways to strengthen Saudi Arabia’s close partnersh...
July 19th, 2019 | 0 commentsThe Egyptian Embassy in Riyadh celebrated its National Day with VIP guests including acting Riyadh Gov. Prince Mohammed bin Abdulrahman bin Abdul Aziz, senior diplomats, business leaders and members of the Egyptian community. Prince Mohammed represented the Saudi government at the celebration. Upon his arrival, he was received by Egyptian...
July 19th, 2019 | 0 commentsZahrat Al Waha for Trading Co recorded a 29.2% year-on-year increase in profits to SAR 10.14 million during the second quarter of 2019, compared to SAR 7.85 million, as disclosed in the initial financial statements. Meanwhile, on a quarterly basis, the company’s profits grew 11% when compared to the first quarter of 2019, according to a b...
July 19th, 2019 | 0 commentsThe Saudi Steel Pipe Company (SSP) was awarded a contract to supply oil and gas steel pipes in consideration of an amount that exceeds 5% of SSP’s revenue in 2018, according to a bourse statement released on Thursday. Last year, SSP’s revenues fell 7.2% year-on-year to SAR 646.2 million in 2018. The production and financial impact of the...
July 17th, 2019 | 0 commentsSaudi Justice Minister Dr. Walid Al-Samaani, who is also president of Supreme Judicial Council, met Azerbaijan Prime Minister Novruz Mammadov in Riyadh on Tuesday. They discussed ways to enhance bilateral ties in the field of judiciary. The justice minister said the two countries are keen on developing relations and boosting cooperation i...
July 17th, 2019 | 0 commentsSaudi Arabia will host 200 Hajj pilgrims of families of victims of the terrorist attack in Christchurch, New Zealand on the orders of King Salman, a Saudi Press Agency report said. The attack in March by Brenton Tarrant on two mosques in the city killed 50 people and wounded dozens more. The directive from King Salman was announced on Tue...
July 17th, 2019 | 0 commentsThe Saudi Stock Exchange (Tadawul) opened Tuesday’s trading session with mixed performance. By 10:30 am KSA time, the main Tadawul All-Share Index (TASI) grew 0.38%, or 34.2 points, to 9,078.4 points. TASI’s traded volume reached 14.3 million shares exchanged at a turnover of SAR 348.76 million through 13,550 transactions. The retailing s...
July 17th, 2019 | 0 commentsThe Saudi Stock Exchange’s (Tadawul) ended Tuesday’s trading session with mixed performance. The benchmark Tadawul All Share Index (TASI) increased by 0.32%, for the seventh session in a row, or 28.80 points, ending the session at 9,073.01. TASI’s turnover jumped to SAR 3.63 billion on Tuesday, compared to SAR 3.18 billion on Monday, whil...
July 16th, 2019 | 0 commentsYemen's warring sides have agreed on a "mechanism and new measures to reinforce the ceasefire and de-escalation" around the flashpoint port of Hodeidah, as well as technical aspects of a troop pullback, the United Nations said on Monday. Representatives of the Yemeni government and Houthi militia were picked up at different locations by a...
July 16th, 2019 | 0 commentsA meeting on Monday between King Salman and three former Lebanese prime ministers to discuss the “political stalemate” in Beirut was described as “positive and excellent.” During talks held at the Peace Palace, in Jeddah, Saudi Arabia stressed its “keenness on Lebanon’s security and stability and the importance of preserving Lebanon withi...
