With $ 8 billion
Saudi to open a new export bank
Energy, Industry and Mineral Resources Minister Khalid Al-Falih.
Riyadh - Arab Today
Energy, Industry and Mineral Resources Minister Khalid Al-Falih announced the launch of a new export bank with SR30 billion ($8 billion) in capital to boost the Kingdom’s exports, the Saudi Press Agency (SPA) reported.
Khalid Al-Falih said SR5 billion was allocated to the new bank as the first capital payment. Stressing the importance of government funding for industrial and mineral projects, he said the capital of the Saudi Industrial Development Fund (SIDF) was increased from SR500 million to SR65 billion this year.
His remarks came at the annual Iktifaa forum organized by Saudi Aramco, in the presence of Eastern Region Gov. Prince Saud bin Naif. The forum is a platform to examine ways to streamline spending with a view to stimulating industrial and logistical development in the Kingdom and promoting national cadres.
In the next 10 years, Saudi Aramco will spend over SR1 trillion on its capital projects and operational purchases, Al-Falih said.
GMT 21:37 2017 Thursday ,21 December
Experts Predict a Boost in Saudi Private Sector ExportsGMT 01:07 2017 Wednesday ,20 December
Saudi ACWA Power Starts Operating Wind FieldGMT 01:00 2017 Wednesday ,20 December
Saudi and Russia expnad food integrationGMT 02:22 2017 Friday ,15 December
Saudi & UAE Commit over $100 Mn to West African SecurityGMT 02:47 2017 Wednesday ,13 December
Riyadh, Beijing Launch Digital Silk Road Initiative
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 09:47 2017 Wednesday ,22 February
Forces prevent militants from infiltrating to liberated villages
GMT 01:14 2017 Friday ,06 October
Afghan forces flushing Taliban out of Kunduz
GMT 20:34 2017 Thursday ,09 March
Women dominate leading characters in coming Ramadan's drama
GMT 08:33 2017 Saturday ,20 May
Turkey targets opposition daily suspecting links to coup bid
GMT 11:14 2017 Monday ,06 March
UK curry queen Nisha Katona dishes up the social media spice
GMT 19:38 2017 Tuesday ,10 October
Australian publisher to challenge record Rebel Wilson payout
GMT 14:43 2014 Wednesday ,16 April
Abu Dhabi general consumer confidence rises by 10 per cent
GMT 11:48 2017 Tuesday ,07 March
Emirates NBD announces plans to list Reit on Nasdaq Dubai
GMT 21:45 2017 Thursday ,16 February
Samsung heir arrested in corruption probe
GMT 20:05 2017 Thursday ,08 June
Teen dies at protest as Venezuela political unrest persists
GMT 10:45 2017 Sunday ,04 June
Budget airline SalamAir’s Taif, Sohar flights to boost tourism in Oman
GMT 15:31 2017 Saturday ,09 September
Culture Minster Praises UAE Effective role in Work with Sudan
GMT 13:14 2017 Saturday ,14 January
Ed Sheeran breaks Spotify records with new music
GMT 05:09 2017 Friday ,07 April
Dubai plays host to Ferrari’s most potent model yetGMT 10:55 2014 Monday ,11 August
Israel, Palestinians begin Egyptian-brokered talks to try to end Gaza war
GMT 15:32 2016 Tuesday ,20 December
China’s economic growth to slow to 6.5%
GMT 15:52 2017 Sunday ,05 February
Janadriyah fest celebrates symbols of Saudi identity
GMT 13:10 2017 Thursday ,11 May
Saudi security forces clamp down on militants in eastern province
GMT 14:32 2017 Saturday ,15 April
Berri convenes with Chartier
GMT 19:01 2016 Wednesday ,07 December
Merkel launches election bid with tough line on immigration
GMT 08:35 2017 Saturday ,18 March
Arab Coalition raided Houthi sites in Sana’s
GMT 11:16 2017 Monday ,11 September
German investor bids 500 mln euros
GMT 14:35 2017 Sunday ,28 May
Bangladesh reinstalls justice statue that irked hard-liners
GMT 03:06 2017 Wednesday ,05 July
Putin tells Obama Russia has `right` to protect interests
GMT 08:29 2017 Tuesday ,14 February
Toshiba says requests one-month delay in earnings report
GMT 22:58 2017 Sunday ,01 October
Toyota to form electric car technology venture with Mazda
GMT 16:02 2017 Thursday ,23 February
South African court rules ICC withdrawal unconstitutional
GMT 19:18 2017 Tuesday ,18 July
Turkish custody for German activist 'unjustified'
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor