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Last Updated: Fri, May 29 2015 | 4:52 AM |
Saudi's AlRajhi plans major Riyadh project after $160m land deal
Construction»

Saudi's AlRajhi plans major Riyadh project after $160m land deal

Friday, 29 May 2015 8:52 AM

Real estate investment firm says project will be one of the biggest in the Saudi capital city

Saudi's net foreign assets shrink by $11.8bn amid low oil prices
Banking & Finance»

Saudi's net foreign assets shrink by $11.8bn amid low oil prices

Friday, 29 May 2015 1:01 AM

Central bank says assets fell 1.7% in April compared to previous month as kingdom drew on its reserves

Saudi's Kingdom Holding 'has no plans' to invest in Snapchat
Banking & Finance»

Saudi's Kingdom Holding 'has no plans' to invest in Snapchat

Thursday, 28 May 2015 3:42 PM

Source says Prince Alwaleed's investment vehicle is unlikely to invest despite holding talks in March

Saudi builder Binladin plans up to $265m sukuk issue
Banking & Finance»

Saudi builder Binladin plans up to $265m sukuk issue

Thursday, 28 May 2015 3:23 PM

Funds from the deal will reportedly be used to finance costs related to work at the King Abdulaziz International Airport in Jeddah

Saudi's Almarai approves $5.6bn investment plan for 2016-20
Retail»

Saudi's Almarai approves $5.6bn investment plan for 2016-20

Tuesday, 26 May 2015 12:51 PM

Gulf's largest dairy firm is expected to benefit from the opening of the kingdom's equity market in June

Saudi's Emaar Economic City expects rush in new tenants in 2015
Banking & Finance»

Saudi's Emaar Economic City expects rush in new tenants in 2015

Sunday, 24 May 2015 3:03 PM

Boss of special economic zone expects its inflow of new corporate tenants to speed up this year

Saudi regulator said to seek prosecution of 9 Mobily execs
Banking & Finance»

Saudi regulator said to seek prosecution of 9 Mobily execs

Thursday, 21 May 2015 6:53 PM

Capital Market Authority reportedly recommends action against current and former officials at troubled Saudi telco

Saudi regulator cancels Arabian Contracting float plans
Markets»

Saudi regulator cancels Arabian Contracting float plans

Wednesday, 20 May 2015 4:55 PM

Capital Market Authority says it has taken the action at the request of the Saudi advertising firm

CEO of Saudi's Al Rajhi Bank resigns, new head appointed
Banking & Finance»

CEO of Saudi's Al Rajhi Bank resigns, new head appointed

Sunday, 10 May 2015 2:09 PM

Suleiman bin Abdul Aziz al-Zabin has resigned as chief executive for personal reasons, says banking major

Saudi Electricity says looking for investments to diversify
Energy»

Saudi Electricity says looking for investments to diversify

Saturday, 9 May 2015 1:47 PM

State-run firm is tasked with providing power to a rapidly growing population at very low prices

MSCI to launch Saudi Arabia, GCC indexes on June 1
Markets»

MSCI to launch Saudi Arabia, GCC indexes on June 1

Friday, 8 May 2015 2:17 PM

Kingdom's bourse is by far the biggest in the Arab world and one of the last major exchanges globally to open up

Saudi's Al Muhaidib buys stake in Kuwaiti building supplies chain Abyat
Banking & Finance»

Saudi's Al Muhaidib buys stake in Kuwaiti building supplies chain Abyat

Monday, 4 May 2015 5:14 PM

35% stake will help building supplies and hardware retailer expand into Saudi Arabia and the wider Gulf region

Bahrain's GFH says to buy mall in Saudi Arabia
Banking & Finance»

Bahrain's GFH says to buy mall in Saudi Arabia

Sunday, 3 May 2015 10:08 AM

Gulf Finance House to pay around $48m for the JEddah mall

Saudi banks to monitor ATM thefts by satellite
Banking & Finance»

Saudi banks to monitor ATM thefts by satellite

Wednesday, 22 April 2015 2:41 PM

Electronic chips will be installed into ATMs; also studying systems that would destroy money if an ATM is forcibly opened

HSBC banned from managing new funds in Saudi Arabia
Banking & Finance»

HSBC banned from managing new funds in Saudi Arabia

Tuesday, 21 April 2015 10:58 AM

The Saudi arm of the global bank that is under investigation in numerous countries for money laundering & helping clients avoid tax has reportedly breached local regulations in KSA


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