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Riyadh
Saturday, October 16, 2021
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Mohammed Al-Rumaih, CEO of Saudi Exchange Co. The average offering cost in the Parallel Market (Nomu) ranges between SAR 1 million and SAR 1.5 million. This cost will be covered by the offering proceeds, on condition that the company reaches the listing stage, Mohammed Al-Rumaih, CEO of Saudi Exchange Co., said. The listing cost in Nomu,…
Saudi Arabia-based National Housing Co. (NHC) announced its plans to increase residential real estate supply in Riyadh, through constructing new integrated residential communities comprising more than 147,000 housing units that spread 83.5 million square meters (sqm), Saudi Press Agency reported.  The company plans to launch new communities spreading 40 million sqm in three Riyadh-based sites over the…
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A total of 24 Tadawul-listed companies disclosed their H1 2021 financial results today. Nine market players reported a profit increase, three companies saw a profit decline, while other 12 incurred losses. Financial Results of Announced Companies (Million Riyal) The official deadline for announcing Q2 2021 financial results falls on Aug. 22. A total of 15…
Ministry of Energy logo Ministry of Energy allocated two land plots with an area of 12 million square meters (sqm) to develop two renewable energy plants with a capacity of 600 megawatts (MW) in the Third Industrial City in Jeddah and the Industrial City in Rabigh, via the Saudi Authority for Industrial Cities and Technology…
Hamad Al Al-Sheikh, Minister of Education Saudi Arabia's Minister of Education Hamad Al Al-Sheikh said that the ministry will start implementing new curricula of global series in the upcoming "exceptional" academic year and setting new study plans that constitute three semesters. Speaking at a press conference today, Aug. 19, the minister indicated that primary school…
Minister of Environment, Water and Agriculture, Abdulrahman bin Abdulmohsen Al Fadley Minister of Environment, Water and Agriculture, Abdulrahman bin Abdulmohsen Al Fadley, said that food waste in Saudi Arabia reached more than 33%, amounting to SAR 40 billion annually. During the signing of an awareness campaign against food waste, as part of the national transformation…
Acting Minister of Media, Majid Al-Qasabi Saudi Arabia has made a great progress in the face of the COVID-19 pandemic on all levels, backed by the coordinated efforts of society and the unlimited support of the Kingdom’s leadership, Acting Minister of Media, Majid Al-Qasabi, said during a press briefing today, Aug. 19. As many as…
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