Business & Finance Club Magazine Digital

Updated on : 8:03 am GMT | Wednesday 11th of September 2016 11

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Issued By Business & Finance Group | Dubai Media City | Issue No.305

News Archive
Work begins on SR12.7 billion Rabigh power plant
Business & Finance Club - Riyadh : South Korea's Doosan Heavy Industries & Construction has begun work on a 2,500-megawatt power plant in Rabigh, 150-km northwest of Jeddah, after the Saudi Electricity Company (SEC) awarded it the SR12.7 billion ($3.39 billion) contract.



Kingdom gears up to mark 80th National Day
Business & Finance Club - Riyadh : The Kingdom of Saudi Arabia celebrates its 80th National Day today, marking the unification of the country by late King Abdul Aziz in 1932.



Kingdom of Saudi Arabia National Day: Dear Memorial and Precious Occasion
Business & Finance Club - Riyadh : The Emirs of different provinces have highlighted the significance of the 80th anniversary



Saudi Electricity awards SR1.2 billion contracts
Business & Finance Club - Riyadh : Saudi Electricity Company, the state owned power supplier, awarded three contracts valued at a total of SR1.2 billion to link existing power stations, build a new one and expand another, according to a reported statement by CEO Ali al-Barrak.



Apicorp to exit two equity investments, reinvest proceeds
Business & Finance Club - Riyadh : Arab Petroleum Investments Corp (APICORP) on Sunday said it was in "mature discussions" to divest two of its key equity stakes and reinvest the proceeds in new oil and gas companies as it seeks to diversify its portfolio.

Kingdom gears up to mark 80th National Day

Business & Finance Club - Riyadh : The Kingdom of Saudi Arabia celebrates its 80th National Day today, marking the unification of the country by late King Abdul Aziz in 1932.
In his address on Saudi television, Prince Naif spoke of the Kingdom’s accomplishments in various fields and also highlighted the fight against terrorism.
“Despite the world and particularly our region being in turmoil, the Kingdom is proud that, due to the directives of the wise leadership, it has been able to repulse the attacks against this nation’s faith and stability,” he said.

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