Day: August 4, 2022

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CEO of Saudi Fund for Development Receives Ambassador of Tunisia to Saudi Arabia

Riyadh– CEO of Saudi Fund for Development (SFD) Sultan bin Abdulrahman Al-Marshad received here today Ambassador of the Republic of Tunisia to the Kingdom of Saudi Arabia Hichem Fourati.

During the meeting, they reviewed the development projects and programs financed by the SFD in the Republic of Tunisia.

The ambassador was briefed on the activities of the SFD in the Republic of Tunisia, and discussed issues related to the progress of development projects and programs being implemented in Tunisia.

He valued the Kingdom of Saudi Arabia’s efforts through the SFD and its contributions and support for the development projects in Tunisia by providing soft development loans and generous grants from the Kingdom’s government, in order to contribute to achieving the sustainable development goals.

Source: Saudi Press Agency

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Egyptian U20 Football National Team Beats Algerian Counterpart to Qualify for 2022 U-20 Arab Cup Final Match

Abha, Aug 4, 2022, SPA — Egypt’s U20 football national team succeeded to win its Algerian rival 3/1 in their semi-final match held here late Tuesday to qualify for 2022 U-20 Arab Cup Finals.

The Egyptian team managed to end the first half advancing 2/0 before the Algerian team returned to the atmosphere of the match in the 69 minute of the second half to score a goal reducing the result to 2/1

Yet, the Egyptians succeeded in the 79 minutes to add a decisive third goal to ensure their qualify for the final match of 2022 U-20 Arab Cup against their Saudi counterpart on Sunday, the 7th of August.

Source: Saudi Press Agency

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Qatar Stock Exchange Ends Trading Down

Doha– The general index of the Qatar Stock Exchange ended lower today, losing 9.57 points, or 0.07 per cent, to reach 13,376.64 points level.

During today’s session, 246,208,163 shares were traded, with a value of QAR 591,295,135.800, through 18,811 deals in all sectors.

During the session, 23 companies prices went up, while the prices of 18 other companies declined, and 4 companies maintained their previous closing price.

Source: Saudi Press Agency

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Ministry of Investment Signs MoU with Alstom Company

Riyadh– The Ministry of Investment has signed a memorandum of understanding with Alstom Company, which is specializes in the sustainable and smart transportation sector, in presence of Undersecretary of the Ministry Fahad Al-Naeem, to discuss the investment opportunities in the transport sector, localize its industries, and establish Alstom’s regional headquarters to the Kingdom of Saudi Arabia.

The MoU aims to explore the future of sustainable transport in the Kingdom of Saudi Arabia and identify investment opportunities in the public transport sector related to railway infrastructure, sustainable transport technologies and reducing carbon emissions, in line with the objectives of the Kingdom’s Vision 2030.

Source: Saudi Press Agency