Wednesday, 17 March, 2021 - 09:15
A model of ready-built factories in Saudi Arabia (Asharq Al-Awsat) Asharq Al-Awsat
Investments in ready-built factories and industrial land plots increased by nearly 200 percent and 21 percent, respectively, in 2020, revealed the Saudi Authority for Industrial Cities and Technology Zones (MODON).
MODON succeeded in raising investments in ready-built factories to more than SAR600 million ($160 million) from SAR200 million ($53 million) in 2019, despite the global economic slowdown due to the COVID-19 pandemic, said MODON’s Director of Marketing and Corporate Communications Qusay al-Abdul Karim.
He indicated that investment in industrial lands saw an increase of more than 21 percent to amount to SAR5.6 billion in 2020 compared to 2019.
Data Center Industry: Gigs Of Growth In Data Capacity businessfacilities.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessfacilities.com Daily Mail and Mail on Sunday newspapers.
Finance Minister Dr Abdul Hafeez Shaikh presides over a meeting of the Economic Coordination Committee (ECC) of the Cabinet in Islamabad on Friday. PID
ISLAMABAD: The government on Friday abolished a 10 paisa per unit surcharge on electricity and increased the price of ghee by Rs30 per kg (15 per cent) for sale at Utility Stores.
The decisions were taken at a meeting of the Economic Coordination Committee (ECC) of the Cabinet presided over by Finance Minister Dr Abdul Hafeez Shaikh that also approved about Rs850 million technical supplementary grants to various entities.
The committee increased the price of ghee from Rs170 per kg to Rs200 per kg instead of Rs220 per kg demanded by the ministry of industries.
Govt raises edible oil prices by 18% tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.
ECC approves revocation of Neelum Jhelum surcharge to electricity consumers dunyanews.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dunyanews.tv Daily Mail and Mail on Sunday newspapers.