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Last Updated: Wed, May 4 2016 | 10:25 AM |
Saudi firms cope with austerity but more pain lies ahead
Politics & Economics»

Saudi firms cope with austerity but more pain lies ahead

Wednesday, 4 May 2016 2:25 PM

World's largest oil exporting country is in the grip of a protracted adjustment to low crude prices

Gulf Capital buys Saudi's Multibrands, has $250m to spend in 2016
Banking & Finance»

Gulf Capital buys Saudi's Multibrands, has $250m to spend in 2016

Tuesday, 3 May 2016 5:26 PM

Private equity firm announces purchase of Saudi Arabian food and drinks distributor

Saudi job creation stagnates as private sector growth slows
Politics & Economics»

Saudi job creation stagnates as private sector growth slows

Tuesday, 3 May 2016 1:53 PM

Data from the latest Emirates NBD Saudi Arabia PMI shows firms are more cautious about hiring in April

Saudi central bank foreign assets fall to $579bn in March
Politics & Economics»

Saudi central bank foreign assets fall to $579bn in March

Thursday, 28 April 2016 4:13 PM

Assets drop 1% from Feb, continue downward trend as Gulf kingdom's economy is hit by falling oil prices

Saudi riyal peg pressure eases, but not gone
Politics & Economics»

Saudi riyal peg pressure eases, but not gone

Wednesday, 27 April 2016 7:10 PM

Volatile energy swings mean the currency remains vulnerable, especially if Riyadh fails to deliver fast on its reform plans

Saudi Arabian Airlines hires HSBC to arrange $1.3bn sukuk
Banking & Finance»

Saudi Arabian Airlines hires HSBC to arrange $1.3bn sukuk

Monday, 25 April 2016 3:43 PM

National carrier says the sukuk will be sold in the second half of this year

Saudi prince unveils sweeping reform plan for economy
Politics & Economics»

Saudi prince unveils sweeping reform plan for economy

Monday, 25 April 2016 3:04 PM

Vision 2030 plan aims to transform the kingdom into a global investment power and wean the world's top oil exporter off crude

Unit of Saudi's Kingdom sells Zambian hotel for $35.9m
Banking & Finance»

Unit of Saudi's Kingdom sells Zambian hotel for $35.9m

Saturday, 23 April 2016 1:54 AM

Kingdom Hotel Investments says it has sold 100% stake in the InterContinental Hotel Lusaka

Saudi Arabia, US, UK named top foreign investors in Dubai
Politics & Economics»

Saudi Arabia, US, UK named top foreign investors in Dubai

Friday, 22 April 2016 12:29 AM

New report says 71% of foreign direct investment projects in 2015 qualified as high and medium tech

Alwaleed's Kingdom Holding posts 25% fall in Q1 net profit
Banking & Finance»

Alwaleed's Kingdom Holding posts 25% fall in Q1 net profit

Thursday, 21 April 2016 4:33 PM

Saudi investment firm says it made a net profit of $27.7m in the three months to March 31

Saudi's SABIC says Q1 sales drop 12.4%, slashed costs at steel unit
Energy»

Saudi's SABIC says Q1 sales drop 12.4%, slashed costs at steel unit

Tuesday, 19 April 2016 1:59 PM

Total sales at one of the world's largest petrochemicals firms totalled more than $8.3bn during quarter

Saudi stock market to hire investment bank for flotation
Markets»

Saudi stock market to hire investment bank for flotation

Sunday, 17 April 2016 6:28 PM

Saudi Arabia is expected to privatise and float a number of state-owned assets in the next few years, part of efforts to raise cash to help bridge a budget shortfall caused by lower oil prices

Saudi's Almarai says seeks controlling stake in UAE's National Food Products
Banking & Finance»

Saudi's Almarai says seeks controlling stake in UAE's National Food Products

Sunday, 17 April 2016 12:45 PM

FPC is one of the largest food and dairy manufacturers and distributors in UAE and markets brands including Milco, Lacnor and Oasis bottled water

Saudi's Red Sea Housing inks $7m deal for Malaysian firm
Construction»

Saudi's Red Sea Housing inks $7m deal for Malaysian firm

Saturday, 16 April 2016 3:52 PM

Construction firm announces acquisition of AM Modular, a designer and manufacturer of prefabricated buildings

Unit of Kuwait's NBK invests in Saudi restaurants chain
Banking & Finance»

Unit of Kuwait's NBK invests in Saudi restaurants chain

Friday, 15 April 2016 10:15 AM

NBK Capital Partners announces investment into Amo Hamza, the seafood casual dining chain in Saudi Arabia


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