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Last Updated: Fri, Aug 26 2016 | 8:22 PM |
Private sector development to play key role in transformation of GCC economies
Banking & Finance»

Private sector development to play key role in transformation of GCC economies

Saturday, 27 August 2016 12:22 AM

Falling oil prices have significantly placed oil-producing countries in a position to adopt structural and policy improvements.

Saudi inflation rate falls to year-low in July
Politics & Economics»

Saudi inflation rate falls to year-low in July

Friday, 26 August 2016 12:21 AM

New official figures reveal that inflation drops to 3.8% despite 9.4% jump in transport costs

Saudi gov't selling $5bn of bonds to help cover budget shortfall – report
Politics & Economics»

Saudi gov't selling $5bn of bonds to help cover budget shortfall – report

Tuesday, 23 August 2016 12:16 PM

Government has sold $41.75 billion of bonds in the monthly sales since mid-2015 to help cover a budget deficit caused by low oil prices

Saudi Arabia to allow foreign institutions buy shares in IPOs
Markets»

Saudi Arabia to allow foreign institutions buy shares in IPOs

Thursday, 18 August 2016 11:58 PM

Move could help the government sell billions of dollars' worth of stakes in state companies

Saudi Oger owner said to be finalising sale talks
Banking & Finance»

Saudi Oger owner said to be finalising sale talks

Thursday, 18 August 2016 1:59 PM

Former Lebanese Prime Minister Saad Hariri is reportedly set to sell struggling firm to Saudi gov't

Egypt says to receive $2bn deposit from Saudi Arabia
Politics & Economics»

Egypt says to receive $2bn deposit from Saudi Arabia

Thursday, 18 August 2016 1:58 PM

Egypt inked a raft of agreements with Saudi Arabia during a visit by the Saudi king in April

Saudi Arabia, other issuers gear up as Gulf bond crush looms
Banking & Finance»

Saudi Arabia, other issuers gear up as Gulf bond crush looms

Wednesday, 17 August 2016 3:49 PM

Cash-strapped region gears up for one of its heaviest-ever periods of international issuance

Saudi consumers still cautious, rationalising spending during Q2
Retail»

Saudi consumers still cautious, rationalising spending during Q2

Wednesday, 17 August 2016 3:01 PM

Saudi consumer confidence score remains flat in the second quarter of 2016 at 104, according to Nielsen

Gulf shares rise after oil prices climb
GCC»

Gulf shares rise after oil prices climb

Sunday, 14 August 2016 6:40 PM

Dubai index rebounded 1.2 percent to its highest close in 16 weeks

Saudi central bank chief reiterates commitment to US dollar peg
Politics & Economics»

Saudi central bank chief reiterates commitment to US dollar peg

Friday, 12 August 2016 5:59 PM

Governor Ahmed al-Kholifey says Gulf kingdom has 'sufficient tools' to support its fixed exchange rate policy

GCC business confidence improves in Q2 on oil price rebound
Politics & Economics»

GCC business confidence improves in Q2 on oil price rebound

Friday, 12 August 2016 12:25 AM

New survey reveals that Saudi Arabia's jump in confidence was the most significant during second quarter

Saudi Aramco appoints chief of sovereign wealth fund to board
Energy»

Saudi Aramco appoints chief of sovereign wealth fund to board

Wednesday, 10 August 2016 8:00 PM

Appointment of Yasir al-Rumayyan is sign that the two institutions plan to cooperate closely to restructure the economy

Saudi Arabia set to open stock market wider to foreigners on Sept 4
Markets»

Saudi Arabia set to open stock market wider to foreigners on Sept 4

Wednesday, 10 August 2016 6:53 PM

Saudi authorities are keen to attract more foreign capital into the kingdom amid sagging oil prices

Saudi construction giant expected to file for bankruptcy
Construction»

Saudi construction giant expected to file for bankruptcy

Monday, 8 August 2016 2:04 PM

Saudi Oger grapples with financial problems as King Salman issues directive on unpaid salaries

Saudi construction firms call for creation of 'contractors bank'
Construction»

Saudi construction firms call for creation of 'contractors bank'

Thursday, 4 August 2016 1:45 PM

Contractors in the kingdom are struggling to meet payments amid a significant slowdown in the industry and stalling of gov’t projects


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Abu Dhabi merger to create $175bn banking heavyweight

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State investment funds Abu Dhabi Investment Council and Mubadala will hold 33.2 percent and...

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Qatar's $42.5bn UK investments will hopefully rise, says PM Cameron

Qatar's $42.5bn UK investments will hopefully rise, says PM Cameron

Prime Minister says that he is confident economic cooperation between Qatar and the UK can...

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