Monthly Archives: December 2015

President of Youth Welfare receives the world's dean of water polo athletes

Riyadh, Rabi’I 20, 1437, December 31, 2015, SPA — Prince Abdullah bin Musaed bin Abdulaziz, General President of Youths Welfare, who is also Chairman of Saudi Arabian Olympic Committee, received at his office in Riyadh today Nasser Al-Dighaither, member of …

Muscat Securities Market Loses 38 Points

Muscat, Rabi’I 20, 1437, December 31, 2015, SPA — Muscat Securities Market (MSM) general index (30) today lost (38.2) points, comprising a decline by (0.70%) to close at (5406.22) points, compared to the last session, which stood at (5444.39) points.…

Kuwait Stock Exchange ends in mixed zone

KUWAIT, Rabi’I 20, 1437, December 31, 2015, SPA — Kuwait Stock Exchange (KSE) ended Thursday’s session in the mixed zone as the price index gained 2.64 points reaching 5,615.12 points, the weighted index lost 0.14 points reaching 381.7 points and …

Zakat revenues grow at 7% rate, official says

Riyadh, Rabi’I 20, 1437, December 31, 2015, SPA — Ibrahim bin Mohammed Al-Mifleh, Director General of Zakat (alms) and Income Department, an affiliate of the Ministry of Finance, reported today that his department’s revenues have grown by 7% to SR …

Agriculture Minister receives Somali Ambassador

Riyadh, Rabi’I 20, 1437,December 31, 2015,SPA –Minister of Agriculture Abdulrahman bin Abdulmohsen Al-Fadhli received here today Ambassador of the Federal Republic of Somalia to the Kingdom Taher Mahmoud Jeeli.
During the meeting, they exchanged cordial talks and discussed agricultural areas …

Tadawul launches an Initial Public Offering (IPO) in 2018

Riyadh, 20 Rabi’I,1437 AH, 31 December,2015 , SPA — The Saudi Stock Exchange (Tadawul) declared that it is poised to issue part of its stakes on Initial Public Offering (IPO) in 2018.
The President of the Board of Directors of …

Petro Rabigh increases its capital through offering Rights Issues value at SR 9.2 billion

Riyadh, Rabi’I 20, 1437, December 31, 2015, SPA — Rabigh Refining and Petrochemical Company (Petro Rabigh) announced that in reference to the announcement on April 13, 2015, regarding the recommendation of the Board of Directors to increase the Company’s capital …