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Last Updated: Thu, Jun 30 2016 | 8:17 PM |
Kuwait's Mezzan set to launch JV operations in Saudi Arabia
Retail»

Kuwait's Mezzan set to launch JV operations in Saudi Arabia

Friday, 1 July 2016 12:17 AM

Conglomerate says it is in talks with Saudi Arabia's Al Faisaliah Group to set up a joint venture in Gulf kingdom

Saudi state utility secures $1.5bn funding from Chinese bank
Banking & Finance»

Saudi state utility secures $1.5bn funding from Chinese bank

Thursday, 30 June 2016 1:46 PM

Financing will be used to fund part of capital projects. says Saudi Electricity Company

Saudi, Japanese officials to discuss investment into Aramco IPO, says Falih
Energy»

Saudi, Japanese officials to discuss investment into Aramco IPO, says Falih

Thursday, 30 June 2016 9:12 AM

Selling just 1 percent of Aramco, expected to be valued at $2 trillion, would create the world's biggest IPO

Bahrain's Investcorp targets opportunities in Saudi reform plan
Banking & Finance»

Bahrain's Investcorp targets opportunities in Saudi reform plan

Wednesday, 29 June 2016 7:45 PM

Company's co-chief executive says Vision 2030 has led to more focus on investments in Gulf kingdom

Statistics fog raises risk as cheap oil hits Gulf
Banking & Finance»

Statistics fog raises risk as cheap oil hits Gulf

Wednesday, 29 June 2016 2:49 PM

Sharp revision of economic data in Saudi Arabia suggests its economy may be weaker than previously thought

Saudi central bank foreign assets edge up in May on loan proceeds
Politics & Economics»

Saudi central bank foreign assets edge up in May on loan proceeds

Tuesday, 28 June 2016 7:19 PM

Official data shows that central bank assets rose by $665m to $572.9bn; first monthly rise since Jan 2015

Middle East private wealth set to grow to $11.8trn by 2020
Banking & Finance»

Middle East private wealth set to grow to $11.8trn by 2020

Tuesday, 28 June 2016 1:58 PM

Boston Consulting Group says UAE, Saudi Arabia, and Kuwait's contribution will account for 22.7% of total

Gulf bourses pull back after sharp falls post Brexit
GCC»

Gulf bourses pull back after sharp falls post Brexit

Sunday, 26 June 2016 6:56 PM

Dubai index fell 3.3% while Abu Dhabi Securities Exchange saw a 1.9% drop in busy Sunday trading

Saudi Arabia picks arrangers for multi-billion dollar bond - sources
Banking & Finance»

Saudi Arabia picks arrangers for multi-billion dollar bond - sources

Sunday, 26 June 2016 1:02 PM

Financiers speculated the issue could be worth more than $10 billion

Saudi GDP growth forecast to hit 14-year low in 2016
Politics & Economics»

Saudi GDP growth forecast to hit 14-year low in 2016

Friday, 24 June 2016 10:08 AM

New report says growth in Gulf kingdom is expected to rise by just 0.8% this year, the weakest level since 2002

Saudi Arabia set to sell domestic bonds worth $5.3bn
Banking & Finance»

Saudi Arabia set to sell domestic bonds worth $5.3bn

Tuesday, 21 June 2016 7:13 PM

Maaal financial website quotes sources as saying goverment will sell bonds next week

Board of Saudi’s MMG quits after three sentenced
Banking & Finance»

Board of Saudi’s MMG quits after three sentenced

Monday, 20 June 2016 3:41 PM

Stock market regulator fined MMG $427 million (SR1.6 billion) in early June

YBA Kanoo acquires 100% stake in Saudi contracting firm
Banking & Finance»

YBA Kanoo acquires 100% stake in Saudi contracting firm

Monday, 20 June 2016 1:13 PM

Technical Contracting Company (TCC) is a vendor to major firms in kingdom

'Take action now' ahead of VAT system, companies told
Banking & Finance»

'Take action now' ahead of VAT system, companies told

Monday, 20 June 2016 11:10 AM

Business-owners urged to assess impacts of new taxes ahead of go-live date

Saudi regulator bars Deloitte from auditing listed companies for two years over MMG case
Construction»

Saudi regulator bars Deloitte from auditing listed companies for two years over MMG case

Sunday, 19 June 2016 2:53 PM

Deloitte & Touche Bakr Abulkhair & Co issued a statement to clarify that the judgement only applies to listed companies in the kingdom

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