Kuwait Stock Exchange Falls

KUWAIT, Rabi’I 30, 1437, January 10, 2016, SPA — The three main indices of Kuwait Stock Exchange (KSE) maintained downward trend throughout Sunday’s session till closing, with the benchmark reading at the conclusion 5,418, bleeding up to 56.6 points. Likewise in terms of the downward tendency, the weighted and Kuwait-15 indices respectively lost 5.35 and 15.09 points.
Value of traded shares reached, also upon closing, some 16.3 million, share turnover some 82 million, done in 2,414 transactions.
14:47 LOCAL TIME 11:47 GMT

Deputy Crown Prince Arrives in Pakistan

Deputy Crown Prince Arrives in Pakistan

الأحد 1437/3/30 هـ الموافق 2016/01/10 م واس

Riyadh, Rabi’I 30, 1437, Jan 10, 2016, SPA — Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, Second Deputy Premier and Minister of Defense arrived today in the Islamic Republic of Pakistan according to the directive of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and at the invitation of the Pakistani government.
Upon arrival at Jorgan Air Base Airport in Islamabad, he was received by Pakistani Defense Minister Khawaja Asif; Advisor to the Prime Minister for Foreign Affairs Sartaj Aziz, and number of officials.
He was also received by Saudi Ambassador to Pakistan Abdullah Al-Zahrani.
The official delegation accompanying the Deputy Crown Prince includes Minister of State and Cabinet’s Member Dr. Musaed Al-Aiban; Minister of Culture and Information Dr. Adel Altoraifi and a number of officials.

14:29 LOCAL TIME 11:29 GMT

Custodian of the Two Holy Mosques receives Lebanese Former President

Riyadh, Rabi’I 30, 1437, January 10, 2016, SPA — The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud received at Al-Yamamah Palace here today Lebanese former President Michel Suleiman.The Custodian of the Two Holy Mosques welcomed …

Almarai Company purchases farm land worth SR 119.3 million in California,

Riyadh, Rabi’I 30, 1437, January 10, 2016, SPA — Almarai Company announced that it has completed, on January 8th 2015, the purchase of 1,790 acres of farm land, worth SR 119 .3 million in Blythe, California, United States of America, through its fully owned subsidiary Fondomonte, California LLC. ; 1,590 acres are currently cultivated within the total land subject to this transaction.

The Company said in a statement published today on Saudi Exchange market site “Tadawul”, ”This transaction forms a part of Almarai’s continuous efforts to improve and secure its supply of the highest quality alfalfa hay from outside Kingdom of Saudi Arabia to support its dairy business. It is also in line with the Saudi Government direction in this regard. In addition to this purchase, Almarai is committed to invest into the necessary infrastructure, including a bailing system and logistics and transportation equipment necessary for the efficient supply of alfalfa hay from its US based facility into the Kingdom”.
11:39 LOCAL TIME 08:39 GMT

مجموعة “AccorHotels” توسع نطاق عروض المكافآت لأعضاء برنامج الولاء “Le Club AccorHotels”

بي، الإمارات العربية المتحدة، 10 يناير 2016/PRNewswire — أعلنت مجموعة الفنادق الفرنسية “AccorHotels” عن إطلاقه ميزة “Elite Experience” الإضافية الجديدة لبرنامج الولاء “Le Club AccorHotels”. يضم برنامج “Le Club AccorHotels” – برنامج الولاء لمجموعة الفنادق الفرنسية “AccorHotels” – في الوقت الحالي ما يزيد عن 23 مليون عضو في شتى بقاع العالم، مع زيادة معدل انضمام […]