Daily Archives: January 19, 2017

U.S. Home Construction Surges

Washington, Rabi’II 21, 1438, Jan 19, 2017, SPA– U.S. builders increased home construction in December, led by a jump in apartment building, while single-family houses lagged, the government said Thursday.
The Commerce Department reported that housing starts surged 11.3 percent …

U.S. Jobless Claims Hit Lowest Level in 43 Years

Washington, Rabi’II 21, 1438, Jan 19, 2017, SPA– The number of Americans filing for unemployment benefits last week fell to the lowest level in more than 43 years, the government said Thursday, offering another sign that more workers enjoy job …

Safanad Supports CentralColo Affiliate to Acquire 200,000-Square Foot Data Center in Northern Virginia

Represents Safanad’s second data center investment

NEW YORK, Jan. 19, 2017 /PRNewswire/ — Safanad Limited (“Safanad”), a global principal investment firm, is pleased to announce it has acquired its second data center operation in partnership with Industry Capital.

Safanad

Responding to …

Saudi Chambers Council SG meets Italian Ambassador

Saudi Chambers Council SG meets Italian Ambassador

الخميس 1438/4/21 هـ الموافق 2017/01/19 م واس

Riyadh, Rabi’II 21, 1438, January 19, 2017, SPA — Secretary General of Council of Saudi Chambers Dr. Saud bin Abdulaziz Al-Mishari met at his office in

UK PM May urges firms to end short-term thinking, show global leadership

DAVOS, Switzerland, Rabi’II 21, 1438, January 19, 2017, SPA — Multinational businesses must avoid short-term thinking and show leadership to help restore faith in globalisation among citizens who feel left behind by the pace of economic change, British Prime Minister …

SABIC's profits fall by 4.58% in 2016

SABIC’s profits fall by 4.58% in 2016

Thursday 1438/4/21 – 2017/01/19

Riyadh, Rabi’II 21, 1438, January 19, 2017, SPA — The net profits of Saudi Basic Industries Corporation (SABIC) fell in 2016 by 4.58% up to SR 17.91 billion compared

Wall Street Closing

NEW YORK, 21 Rabi’II, 1438,January 19, 2017, SPA — U.S. stocks closed mixed Wednesday.
The dollar gained ground against a basket of currencies. Light sweet crude oil for February delivery lost $1.18 to $51.30 per barrel on the New York …