Abdullah Shiraz

Logo of Ministry of Industry and Mineral Resources The Ministry of Industry and Mineral Resources said that foreign or joint capital and investments represent about 39% of total investments in the industrial sector, and also account for 15% of total number of existing and under-construction factories until the end of last May, according to a

Logo of Saudi Ministry of Investment Saudi Arabia’s Ministry of Investment said that 49 deals valued at $925 million were signed in the second quarter of 2022, according to its latest investment highlights report.  The ministry oversaw 49 major deals, which are set to create around 2,000 new jobs in the local economy. The deals were closed in the real estate, tourism, and entrepreneurship sectors.  The report sheds light on the investment developments in

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Logo of Dallah Healthcare Services Co. The General Authority for Competition (GAC) issued today, Aug. 7, a non-objection certificate for the economic concentration of Dallah Healthcare Services Co. and International Medical Center (IMC). Dallah will acquire Kun Investment Holding Co.’s entire stake of 18.98% stake in IMC. Last June, Dallah signed Dallah Healthcare Co. (DHC) signed

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Logo of Ministry of Industry and Mineral Resources National products showcased in some retail stores in the Kingdom range between 70-80%, Bandar AlKhorayef, Minister of Industry and Mineral Resources, told Al Ekhbariya TV.   He also highlighted the achievements of the local industrial sector, noting that the Kingdom plans to raise the percentage of national

A total of 24 Tadawul-listed companies disclosed Q2 2022 financial results this week, topped by Al Rajhi Bank, stc and SABIC Agri-Nutrients Co. As shown in the below table, 14 market players reported a profit rise, nine saw a profit drop, while one company only incurred losses. Financial Results of Announced Companies (Million Riyal) Company 2021-6m

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06/08/2022 Argaam Exclusive The US drilling rig count declined seven units to 598 in the week ended Aug. 6, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday. Meanwhile, the gas rig count increased four units to 161 in the week.  Oil and gas exploration platforms - USA

How ready are college graduates for the real world of work? It depends on who you ask. According to one report, 96% of university leaders believe they are  doing a good job preparing young people for the workforce—but nearly 80% of employers beg to differ. The good news is, there may be a way to bring these numbers closer