Day: November 13, 2022

Jeddah, -- Red Sea International Film Festival (RedSeaIFF) announced today films that will be screened within the “International Choices” program that comprises selections of the best films that were screened at international film festivals and received the admiration of audience, in addition to films that were chosen by RedSeaIFF team, which all will be screened during the second edition of the festival to be hosted in Jeddah between December 1 and 10.

The Director of International Programming for the RedSeaIFF, Kaleem Aftab, stressed that the selection of an exceptional set of the best international films to be screened during the second edition of the festival will enhance the cinema scene and shed light on the influence of the moviemakers from Africa and Asian nationalities in their countries and through Europe and North America as wells, in addition to supporting new talents and enhancing recognition of the international cinema.

Source: Saudi Press Agency

Shareholders registered in my trading services can vote remotely on the assembly’s items starting from 1:00 am on 25/11/2022 corresponding to 01/05/1444 AH until 8:00pm the assembly, and registration and voting in my trading services will be available and free for all shareholders using the following link.

Shareholders registered in my trading services can vote remotely on the assembly’s items starting from 1:00 am on 26/11/2022 corresponding to 02/05/1444 AH until 8:00pm the assembly, and registration and voting in my trading services will be available and free for all shareholders using the following link.

Source: Saudi Exchange

Rawasi Albina Investment Co. announces its intention to establish a Saudi Riyals denominated Sukuk Programme to issue local Sharia-compliant Sukuk in Saudi Riyals

Local Sukuk Issuance Programme denominated in Saudi Riyals that is Compliant with the provisions of Islamic law.

2022-11-13 Corresponding to 1444-04-19

500 million Saudi Riyals

For the company's general corporate purposes, and to meet its financial objectives and strategies.

Sukuk offering is subject to the approval of the competent authority, and it will be offered in compliance with the relevant laws and regulations.

The Board of Directors appoints Al-Khair Capital as an advisor for the process of issuing and offering sukuks (public offering).

As we wish to state the following: -

- This announcement does not constitute an invitation or an offer to buy, own or subscribe to any financial securities.

- The company will announce to its esteemed shareholders any other material developments in due course.

- Any offering of the Sukuk will be limited to Qualified Investors in the countries in which the Offering will take place, in accordance with the rules and regulations specific to those countries.

Source: Saudi Exchange

Baghdad / NINA / - Deputy Prime Minister and Minister of Foreign Affairs Fouad Hussein received today, Sunday, the Ambassador of the People's Republic of China to Iraq, Cui Wei.

A statement of the Ministry of Foreign Affairs stated that during the meeting, they discussed means of strengthening relations, and prospects for upgrading bilateral cooperation in a way that benefits the two friendly peoples.

The Minister stressed that Iraq is interested in strengthening coordination and cooperation frameworks with Beijing at all levels, and that China is an important country for the Iraqi oil market, noting the need to increase the volume of investments in the fields of energy and infrastructure.

The Minister stressed that the government stresses the importance of distinguished cooperation and continuous coordination in various fields and at all levels.

They also discussed regional issues of common interest, the overall developments in the Middle East, and Iraq's vision of a solution mechanism and an end to the crises afflicting the region.

The two sides discussed the Arab-Chinese summit to be held in the Kingdom of Saudi Arabia, and the full preparation for this summit, stressing Iraq's participation in it.

For his part, the Chinese Ambassador conveyed the greetings of the Chinese Foreign Minister to the minister, congratulating him on forming the new government, and renewing confidence in him as the Minister of Foreign Affairs of the Republic of Iraq, stressing the continuity of work in the framework agreement between Iraq and China and China's support for the new government.

In conclusion, the Minister extended his thanks and appreciation to the Government of the People's Republic of China for the Chinese aid to be provided to Basra Governorate.

Source: National Iraqi News Agency

Baghdad / NINA / - Minister of Defense Thabet Muhammad Saeed Al-Absi met today, Sunday, the Saudi military attache, Brigadier General Nasser Al-Saadoun.

The two sides discussed, according to a statement by the ministry, bilateral relations and joint cooperation between Iraq and Saudi Arabia.

Source: National Iraqi News Agency