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13 December 07:47 PM US, China agree to stop drums of trade war
Mubasher: The US and China have agreed on an initial trade deal that will reduce tariffs between the two countries.
Saudi Arabia began trading the world's largest initial public offering
11 December 11:21 AM Aramco shares rise 10% in largest IPO's initial trading on Wednesday
Riyadh - Mubasher: The shares of the Saudi Arabian Oil Co (Aramco)soared 10% early Wednesday in initial trading, as the stock's price rose to SAR 35.2 from SAR 32 at the Saudi Stock Exchange (Tadawul); accordingly, Aramco's shares hit the daily …
Sales grew to KWD 825m in Q3
7 December 07:13 PM Commercial sector drags down property sales in Kuwait – NBK
By: Muhammad Abdul-Wakeel Mubasher: Property sales in Kuwait declined by 31% month-on-month, 26% year-on-year, in October, recording KWD 211 million, on the back of the commercial sector. During the third quarter of 2019, sales grew 2.8% …
6 December 04:57 PM Saudi Arabia leads OPEC+ to agree on more output cuts
Mubasher: OPEC+ agreed to adjust output target and redistribute production cuts between its members, Bloomberg reported on Friday.
Saudi Stock Exchange (Tadawul)
18 November 03:32 PM Are foreigners allowed to buy Aramco shares in IPO?
Riyadh – Mubasher: Subscription of individuals and entities in the Saudi Arabian Oil Company’s (Saudi Aramco) intimal public offering (IPO) began on Sunday on 1.5% of the company’s share, with a price range set between SAR 30 and SAR 32 ($8-8.5). …
The forum will take place in Riyadh
22 October 11:31 AM Saudi NCA to host Global Cybersecurity Forum in February 2020
Riyadh – Mubasher: Saudi Arabia’s National Cybersecurity Authority (NCA) announced that it will host the Global Cybersecurity Forum (GCF), the first of its kind, in February 2020. The forum, held under the patronage of King Salman, will take place …
The decision will come into force starting from 1 September
21 August 10:00 AM Chemanol names new CEO
Riyadh – Mubasher: The board of directors of Methanol Chemicals Company (Chemanol) has approved the appointment of Ali Mohamed Al Asiri as the company’s new CEO. The decision will come into force starting from Sunday, 1 September, according to a …
Saudi Arabia will start applying VAT by the beginning of 2018.
20 December 2017 00:13 PM Electricity bills to be subject to 5% VAT as of January – SEC
Riyadh – Mubasher: The Saudi Electricity Company (SEC) said that the value added tax will be imposed by 5% on electricity bills, the receipt’s value, and the fees for the firm's services. VAT was put into effect by the kingdom's government and it …
The contract will last for three-month period
20 December 2017 09:38 AM SIEC inks MoU with United Chemical Company
Riyadh – Mubasher: Saudi Industrial Export Company (SIEC) signed on Tuesday, 19 December, a memorandum of understanding (MoU) with United Chemical Company to export its products and represent the firm abroad Saudi Arabia.  The contract will last …