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Press Dossier   By Date  30/07/2024
MODON signs $266m contracts with private sector to improve industrial infrastructure
The Saudi Authority for Industrial Cities and Technology Zones, known as MODON, has signed nine contracts valued at over SR1 billion ($266.5 million) with the private sector to improve service facilities and infrastructure across various industrial hubs.
Saudi Arabia raises financial support by 20% for 98 municipal jobs, activities
The Saudi national workforce is set to receive a 20 percent boost in financial support for nearly 98 jobs and activities within the municipal and housing sectors.
Saudi commerce minister leads delegation to Korea
Trade ties in light of the free trade agreement between the Gulf Cooperation Council and South Korea were discussed when a leading Saudi minister met the East Asian country’s prime minister.
Saudi Real Estate Market platform average visits per day double since February
Saudi Arabia’s Real Estate Market online platform has seen daily visits doubled to 60,000 in July since February, driven by government efforts to enhance transparency and streamline property procedures.
Closing Bell: Saudi main index closes in red; Nomu in green
Saudi Arabia’s Tadawul All Share Index dipped on Monday, losing 54.03 points, or 0.44 percent, to close at 12,121.40.
UAE’s Masdar Spanish solar farm deal heralds more European investments
The UAE’s renewable energy company Masdar is seeking more opportunities in Europe’s green energy sector and will consider both minority investments and controlling stakes, its CFO said, following a deal last week with Spain’s Endesa.
Awqaf signs agreement with Islamic Heritage
The general secretariat of Awqaf announced on Sunday the signing of a cooperation agreement with the Society for the Revival of Islamic Heritage on the project of the global technical learning system and useful science.
Saudi Arabia signs development agreement with Kosovo
Saudi Fund for Development CEO Sultan Al-Marshad on Monday signed a development loan agreement worth over $14 million with Kosovo’s Minister of Finance, Labor and Transfers Hekuran Murati in Kosovo.
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