Government | Thursday 1 August, 2019 2:00 am

SAMA's decision on repo and reverse repo rates

SAMA has decided to lower its repo rate from 300 basis points to 275 basis points, and its reverse repo rate from 250 basis points to 225 basis points with immediate effect. Rate adjustments are in line with SAMA's objective of preserving monetary stability. ...

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Government | Tuesday 30 July, 2019 7:25 pm

Ministry of Finance Releases Q2 2019 Budget Performance Report

His Excellency the Minister of Finance, Mohammed bin Abdullah Al-Jada’an announced today, July 30, 2019, the 2nd Quarter Performance Report of the state's budget for the fiscal year 2019. The fiscal data reflect improvement in financial performance during the first half of this year...

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Government | Tuesday 30 July, 2019 3:16 pm

General Authority for Military Industries reveals procedures for issuing licenses for military industries

The General Authority for Military Industries (GAMI) organized a first-of-its-kind workshop that saw a number of leaders and members from the National Industrial Committee and local manufacturers in attendance. Held in Riyadh, the workshop focused on strategies and policies of Saudi Arabia’s...

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Government | Tuesday 30 July, 2019 1:19 pm

Modern airport technology reducing pilgrim congestion at Saudi airports

The Saudi General Authority of Civil Aviation (GACA) has started implementing technical solutions at Jeddah’s King Abdul Aziz International Airport (KAIA) and Madinah’s Prince Mohammed bin Abdul Aziz International Airport (PMIA) to reduce pilgrim congestion during this year’s...

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Government | Monday 29 July, 2019 6:46 pm

King, Egyptian president agree to bolster economic cooperation

His Majesty King Abdullah and Egyptian President Abdel Fattah El Sisi, during talks in Cairo on Monday, agreed to continue enhancing economic cooperation between the two countries towards mutual prosperity. Both sides stressed the importance of the Jordan-Egypt higher committee meetings, which...

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Government | Saturday 27 July, 2019 8:44 pm

King, Abu Dhabi crown prince affirm deep-rooted, brotherly ties between Jordan, UAE

 His Majesty King Abdullah and Sheikh Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, during a meeting in Abu Dhabi on Saturday, reaffirmed the historical and brotherly relations between Jordan and the UAE. During the meeting, ...

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Government | Saturday 27 July, 2019 10:17 am

National Center of Meteorology receives visit from the Environment Agency – Abu Dhabi

The National Center of Meteorology (NCM) received Her Excellency Shaikha Salem Al Dhaheri, Acting Secretary General of the Environment Agency – Abu Dhabi (EAD), to witness presentations on the Center’s vitally important work for the nation and to discuss strengthening collaboration...

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Government | Thursday 25 July, 2019 2:03 pm

International Naval Forces Leaders speaking at IMDEC in Accra 24-25 July

Piracy, illegal fishing, and armed robberies are some of the major issues threatening the Gulf of Guinea region are among the topics to be discussed at the International Maritime Defence Exhibition & Conference (IMDEC), taking place on 24-25 July 2019 in Accra, Ghana. These...

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Government | Thursday 25 July, 2019 7:24 am

King visits construction site of main Bus Rapid Transit station in Sweileh

His Majesty King Abdullah  visited the construction site of the main Bus Rapid Transit (BRT) station in Sweileh, one of the Greater Amman Municipality’s (GAM) large-scale projects and part of its strategy to develop the transport sector in the capital. During the visit, King Abdullah...

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Government | Thursday 25 July, 2019 12:00 am

UAE partners with China’s 3 major financial institutions to boost trade, investments and bilateral exports between two countries

  Etihad Credit Insurance (ECI), the UAE Federal Credit Insurance Company has signed three strategic MoUs, respectively, with China Export and Credit Insurance Corporation (SINOSURE ), Industrial and Commercial Bank of China (ICBC) and Bank of China aimed at boosting trade, investments and...

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