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Saudi Accreditation Center to Enhance Quality, Protect Consumers

Saudi Accreditation Center to Enhance Quality, Protect Consumers

Saudi Arabia is looking to raise quality standards through the Saudi Accreditation Center (SAC), which revealed its objectives, including consumer protection, maintaining public health and safety, upgrade the quality and adequacy of services and products, and increase confidence in them. The Cent

Saudi Payments Network Registers Growth of 47% in 6 Months

Saudi Payments Network Registers Growth of 47% in 6 Months

The Saudi Payments Network (MADA) has registered in the first half of this year record numbers, with a rise of 47 percent compared to the first half of last year when the total completed deals reached more than 688 millions with SAR136 billion (USD36 billion). These figures reflect the expansion

IMF Lauds Saudi Economic Reforms

The International Monetary Fund (IMF) has lauded the Saudi government for the progress achieved in the agenda of economic and social reforms.

Lebanon: Aoun Promises to Issue 2020 State Budget On Time

Lebanon: Aoun Promises to Issue 2020 State Budget On Time

Lebanese President Michel Aoun promised on Tuesday that the budget of the year 2020 will be issued within the constitutional timeline, and will be balanced and reformative. "We will successfully overcome the current crisis in cooperation between all the concerned parties, especially those who pl

Egypt Launches Second Edition of Investment Map

Egypt Launches Second Edition of Investment Map

Egypt’s Ministry of Investment and International Cooperation (MIIC) launched the second edition of the country’s cross-sector investment map on Monday. Cairo's cross-sector investment map includes new 2,000 investment opportunities in addition to 10,000 opportunities that were already in the firs

MENA Needs to Invest $209 Bn in Electricity Over the Next 5 years

MENA Needs to Invest $209 Bn in Electricity Over the Next 5 years

The MENA region will need to invest close to $209 billion over the next five years, of which 32 percent will be in transmission and distribution, announced Arab Petroleum Investments Corporation (APICORP). In a report published recently, APICORP said that the region will require the addition of 8

Aramco Announces Adjusted Gasoline Prices

Aramco Announces Adjusted Gasoline Prices

Saudi Aramco announced new domestic gasoline prices on Sunday, with 91 grade reaching 1.53 riyals per liter and 95 grade set at 2.18 riyals. The oil giant said in a statement that the adjustments were subject to changes in global exports prices.

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