Saudi Industrial Development Fund has approved a total of 930 loans, valued at over SR75.4 billion ($20 billion), since the launch of the Kingdom’s Vision 2030 six years ago, a report said.
RIYADH: Saudi Industrial Development Fund has approved a total of 930 loans, valued at over SR75.4 billion ($20 billion), since the launch of the Kingdom’s Vision 2030 six years ago. Small and medium enterprises accounted for 79 percent of the loans, while the total value of the amounts disbursed to clients was over SR50 billion, according to media outlet Al Eqtisadiah. From
MEMRI is republishing, following the July 31, 2022 killing of Al-Qaeda leader Ayman Al-Zawahiri, two archival MEMRI JTTM reports by MEMRI senior analyst Dr. Nimrod Raphaeli.
While his work is a glimpse into a reality situated in the past, it also sheds light on the many commonalities converging to create a brighter, more optimistic present.
RIYADH: French company TotalEnergies and US-based ConocoPhillips will announce their acquisition of the US Hess Co. assets in oasis fields, during an event in Libya on Monday, Asharq Alawsat reported citing sources familiar with the matter. No further details of the deal were given, but it is known that Hess Co. owns 8.16 percent of Libya's Waha Oil Company. Total owns about