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Kazan- in 2014 Mr.Sarasen with his staff made a series of presentation on analysis of Tadawul KSA (Stock Market of Saudi Arabia) in 2015 the results of Sarasen Group clients risen to 814% . In 2016 Sarasen Group developed Sarasen Signals http://www.sarasen-signals.com/ first revolutionary mobile application and soon Mr.Sarasen again will make analysis Video Presentation series in Youtube.

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JEDDAH — Saudi Arabia’s stock market fell sharply on Tuesday after the oil minister said the government was considering whether to raise domestic energy prices, a reform that could initially at least hurt consumer spending and corporate profits.

Asked on the sidelines of a mining conference if he expected domestic energy prices to increase in the near term, Ali Al-Naimi said: “What you are asking is: is it under study? And the answer is yes.”

Naimi did not give any details of the possible changes, which could form part of a major tightening of fiscal policy next year as the government reduces a budget deficit estimated at well over $100 billion in 2015.

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RIYADH — Saudi Arabia’s Minister of Petroleum & Mineral Resources Ali Al-Naimi told the opening session of the Saudi Mining & Minerals Exhibition & Symposium in Riyadh on Tuesday that that Kingdom aims to triple the contribution to the Saudi economy made by mining and minerals.

“The direct and indirect contribution to GDP has reached SR80 billion and (the sector) has created 265,000 jobs,” Al-Naimi said. “The ministry is aiming to raise the GDP of mining to SR260 billion by 2030 and to create more than 100,000 jobs for citizens.”

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Bin Kalban said the current slowdown in the real estate market was natural.Union Properties reported disappointing numbers for the first two quarters of 2015. However, investors can cheer up. Khalid bin Kalban, chairman of the company, has predicted a net profit in the range of Dh400 million to Dh450 million for the whole year."For the third quarter, we project a rough net profit of Dh100 million-plus. For the first nine months of the year, it will be in the range of Dh155 million. These figures will be subject to audits and confirmation from the board," said bin Kalban.

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