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Tuesday, 24 November 2009 05:31 UAE time

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Jadwa Investment Co.

Main Category: Other
Country : Saudi Arabia


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Saudi economy seen recovering in Q4 - Jadwa

Report says 'sustainable recovery' expected, adds 'worst is over' for kingdom.

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Crisis forces Saudi gov't to foot bill for projects

Private sector funding, local bank loans have dried up leaving gov't to fund schemes.  

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Banque Fransi in $720mn steel financing deal

Financing to be used by Al Rajhi Group to expand Saudi steel operations.

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Oil predicted to stay below $70 after global recovery

Saudi economy expert says concerns over world demand will keep price low.

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Saudi's 2009 oil revenues could fall 41% - report

Research says kingdom's oil exports income might drop to $172bn.

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Saudi cement prices predicted to fall in 2010

Increased capacity and ban on exports to bring decrease of up to 5% - report.

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Makkah project finds a financier

Makkah's US $3.3 billion (SAR12.4 billion) Western Gate Road project in Jabal Omar has gained the backing of Saudi Arabia's Jadwa Investment to finance the construction.

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Mega project set for Makkah

Saudi firms sign $3.3bn deal for major real estate project in front of Grand Mosque in Makkah.

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Islamic finance sets sights on Africa

Saudi-based Jadwa Investment to create sharia compliant fund specialising in African equity markets.

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Saudi inflation raises revaluation pressure

Kingdom could face internal pressure to respond as inflation soars to 30-year peak this year.

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Saudi inflation plan to cost $21bn

Jadwa Investment says kingdom's 17-point plan cost to be spread over three years.

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Exxon pulls out of Aramco joint venture

US oil giant sells 30% stake in oil lubricants company to Riyadh-based Jadwa Investment.

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Saudi Arabia opens up protected stocks to Gulf Arabs

Tadawul's liberalisation is welcomed, but Kingdom is still slow to draw GCC investment.

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Saudi to maintain riyal rate

Jadwa Investment says riyal dollar peg will remain unchanged at least until 2010.

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