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Last Updated: Mon, Dec 5 2016 | 4:47 PM |
Jordan investors set to buy Arab Bank stake after Saudi bid fades
Banking & Finance»

Jordan investors set to buy Arab Bank stake after Saudi bid fades

Monday, 5 December 2016 8:47 PM

Banking sources say consortium bids for Saudi Oger's 20% stake after Alhokair drops $1.1bn offer

Saudi central bank sees record $36bn fall in gov't account in October
Politics & Economics»

Saudi central bank sees record $36bn fall in gov't account in October

Monday, 5 December 2016 2:33 PM

Jadwa Investment says slump in funds reflect the resumption of government payments to contractors

Technology»

Video: Saudi Central Bank says struck by Iran malware

Monday, 5 December 2016 12:10 PM

Government agencies in Saudi Arabia, including the nation's central bank, have reportedly been hit by Iranian malware.

Saudi-backed $100bn SoftBank fund 'oversubscribed', says CEO
Technology»

Saudi-backed $100bn SoftBank fund 'oversubscribed', says CEO

Sunday, 4 December 2016 12:58 PM

Investors including Qatar’s sovereign wealth fund said to be interested in $100 billion technology fund

Saudi shipping group signs $350m deal for oil tankers
Banking & Finance»

Saudi shipping group signs $350m deal for oil tankers

Friday, 2 December 2016 12:57 AM

National Shipping Company inks Islamic 10-year financing agreement for construction of five tankers

Saudi steel giant says hopeful it can close deal on $1.6bn debt
Banking & Finance»

Saudi steel giant says hopeful it can close deal on $1.6bn debt

Thursday, 1 December 2016 12:58 PM

Al Ittefaq Steel Products is the largest private sector steel producer in Saudi Arabia

Saudi king allocates extra $26bn to SWF to boost investment revenues
Politics & Economics»

Saudi king allocates extra $26bn to SWF to boost investment revenues

Wednesday, 30 November 2016 1:54 PM

Move comes as net foreign assets at Saudi Arabia's central bank shrank by $10.8bn in October

Saudi government injects $28bn to boost economy, pay debts
Banking & Finance»

Saudi government injects $28bn to boost economy, pay debts

Tuesday, 29 November 2016 9:26 AM

Central bank's net foreign assets fell sharply in October according to latest data

Saudi fund to buy major stake in Alabbar's investment firm Adeptio
Retail»

Saudi fund to buy major stake in Alabbar's investment firm Adeptio

Tuesday, 29 November 2016 9:15 AM

Kingdom’s Public Investment Fund buy 50 percent of Adeptio from Mohamed Alabbar

Saudi central bank foreign assets slump $10.8bn in October
Politics & Economics»

Saudi central bank foreign assets slump $10.8bn in October

Monday, 28 November 2016 5:03 PM

Assets drop to $535.9bn from a year earlier as Gulf kingdom continues to struggle in era of lower oil prices

As it happened: Arabian Business Digital Forum
Technology»

As it happened: Arabian Business Digital Forum

Monday, 28 November 2016 9:03 AM

The Arabian Business Digital Forum brings together the region’s top industry influencers and leading entrepreneurs to discuss and debate the blueprint for a digital future.

1
Saudi builder MMG's former chief proposes plan to save company
Construction»

Saudi builder MMG's former chief proposes plan to save company

Friday, 25 November 2016 1:42 AM

Proposal by Adel al-Mojil includes recapitalisation and mechanism to recover money it says it is owed by contractors

Saudi Hollandi Bank to change name as part of corporate shake-up
Banking & Finance»

Saudi Hollandi Bank to change name as part of corporate shake-up

Thursday, 24 November 2016 8:20 PM

Name change coincides with Royal Bank of Scotland seeking a buyer for its 40% stake in the bank

Saudi fund said to hire HSBC for ACWA Power stake deal
Banking & Finance»

Saudi fund said to hire HSBC for ACWA Power stake deal

Thursday, 24 November 2016 4:00 PM

Saudia Arabia aims to expand the PIF into the world's largest sovereign wealth fund as part of economic reforms

Saudi long bond shines in volatility after Trump win
Banking & Finance»

Saudi long bond shines in volatility after Trump win

Wednesday, 23 November 2016 3:21 PM

$17.5bn of paper which Riyadh issued last month was initially hit hard but has since bounced back


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