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Last Updated: Thu, Aug 27 2015 | 9:09 PM |
Saudi foreign reserves fall slows in July after bond sale
Banking & Finance»

Saudi foreign reserves fall slows in July after bond sale

Friday, 28 August 2015 1:09 AM

Central bank data shows assets shrink by 0.5% to $661bn compared to previous month as low oil prices continue

Saudi Arabia set to cut billions from its budget
Politics & Economics»

Saudi Arabia set to cut billions from its budget

Wednesday, 26 August 2015 2:03 PM

Oil crash prompts gov't to reportedly seek advice on 2016 budget

Prince Alwaleed escapes China crisis
Markets»

Prince Alwaleed escapes China crisis

Wednesday, 26 August 2015 12:06 PM

Saudi billionaire one few of a his rich peers to escape without a loss

Gulf private equity firms battle for Saudi supermarket chain
Banking & Finance»

Gulf private equity firms battle for Saudi supermarket chain

Tuesday, 25 August 2015 6:23 PM

Sources say deal for Al Raya for Foodstuff Co is likely to be worth as much as $300m

Saudi bank NCB selling 2bn riyal capital-boosting sukuk – sources
Banking & Finance»

Saudi bank NCB selling 2bn riyal capital-boosting sukuk – sources

Sunday, 23 August 2015 5:03 PM

The offer is part of a plan to raise as much as 7 billion riyals of capital before the end of 2015

Saudi money market turmoil shows bank jitters over bond issues
Banking & Finance»

Saudi money market turmoil shows bank jitters over bond issues

Monday, 17 August 2015 3:12 PM

Money market moves show concern about Saudi banks' ability to absorb multi-year series of bond issues

Dubai's Amanat buys $47m stake in Saudi healthcare firm
Banking & Finance»

Dubai's Amanat buys $47m stake in Saudi healthcare firm

Saturday, 15 August 2015 9:51 AM

Healthcare and education company announces acquisition of 35% stake in Sukoon International Holding

Saudi Arabia sells $5.3bn sovereign bond, plans more
Politics & Economics»

Saudi Arabia sells $5.3bn sovereign bond, plans more

Tuesday, 11 August 2015 1:50 PM

Gulf kingdom is selling the debt to close budget deficit caused by lower oil prices

Saudi royals set to buy $541m Berlusconi estate
Property»

Saudi royals set to buy $541m Berlusconi estate

Monday, 10 August 2015 3:15 PM

168-acre estate owned by former Italian leader includes an underwater entrance, an artificial volcano and an amphitheatre

Saudi Arabia planning $5.33bn sovereign bond sale today, say sources
Politics & Economics»

Saudi Arabia planning $5.33bn sovereign bond sale today, say sources

Monday, 10 August 2015 12:21 PM

Sale to commercial banks will be the first time since it returned to the debt market last month to fill a budget gap caused by falling global oil prices.

1
Saudi foreign reserves fall to lowest since March 2013
Politics & Economics»

Saudi foreign reserves fall to lowest since March 2013

Friday, 7 August 2015 1:01 AM

Central bank reserves drop to $664bn in June, down 1.2% from May as low oil prices impact economy

Saudi Arabia to fire starting gun on $27bn bond spree
Politics & Economics»

Saudi Arabia to fire starting gun on $27bn bond spree

Thursday, 6 August 2015 1:36 PM

Kingdom to ramp up issuance in bid to shore up budget deficit and decline in foreign reserves

Saudi central bank curbs credit card cash withdrawals
Banking & Finance»

Saudi central bank curbs credit card cash withdrawals

Sunday, 2 August 2015 3:53 PM

Official ceiling of 30% has been imposed according to regulations posted on the central bank's website

Saudi's Kingdom Holding Q2 profit rises 13%
Banking & Finance»

Saudi's Kingdom Holding Q2 profit rises 13%

Sunday, 2 August 2015 10:08 AM

Kingdom made a net profit of $63.6 million in the three months to June 30

Saudi royal invests in private jets smartphone app
Banking & Finance»

Saudi royal invests in private jets smartphone app

Friday, 31 July 2015 9:05 AM

Prince Abdullah bin Bandar bin Abdullaziz Al Saud backs JetSmarter which aims to make private jets more accessible to travellers


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