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Last Updated: Sun, Aug 21 2016 | 10:42 AM |
Six Saudi soft drink firms fined $8m for increasing prices by 50%
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Six Saudi soft drink firms fined $8m for increasing prices by 50%

Sunday, 21 August 2016 2:42 PM

Firms were asked to reduce prices in 2009 but failed to respond to the official request, according to Competitiveness Council

Saudi consumers still cautious, rationalising spending during Q2
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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

Saudi is a 'great opportunity', says Vox Cinemas CEO
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Saudi is a 'great opportunity', says Vox Cinemas CEO

Wednesday, 17 August 2016 12:08 PM

Cameron Mitchell said Majid Al Futtaim Cinemas will continue to grow at a rate of five new cinemas a year

Diamond talk: Sélim Chidiac, L’Azurde Company for Jewelry
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Diamond talk: Sélim Chidiac, L’Azurde Company for Jewelry

Wednesday, 3 August 2016 11:53 AM

L’Azurde Company for Jewelry CEO talks Middle Eastern tastes, best performing jewellery, advice on what to buy and the most expensive piece sold

Jewel of the kingdom: L'azurde's Sélim Chidiac
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Jewel of the kingdom: L'azurde's Sélim Chidiac

Friday, 29 July 2016 12:07 AM

Saudi Arabia’s best-known jewellery brand L’azurde is poised for growth since it went public in June. CEO Sélim Chidiac tells Arabian Business about the $400m firm’s acquisition plans and why the government’s “aggressive” Vision 2030 policies are crucial for businesses in the kingdom.

New Saudi snow city tests kingdom's capacity for fun
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New Saudi snow city tests kingdom's capacity for fun

Thursday, 28 July 2016 3:07 PM

Mixed-gender attraction is a rare opportunity for Saudis of all stripes to blow off steam

Saudi Arabia's L'azurde reports 14% rise in H1 net income
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Saudi Arabia's L'azurde reports 14% rise in H1 net income

Thursday, 28 July 2016 11:45 AM

Challenging market conditions caused 5.1% decline in Q2 for newly-listed jewellery firm

Saudi's Savola net profit slips 43%
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Saudi's Savola net profit slips 43%

Thursday, 28 July 2016 11:41 AM

The kingdom’s largest food products company said net profit in the three months to June 30 was $65.8 million

$15.5bn in Saudi electronic deals recorded during Ramadan
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$15.5bn in Saudi electronic deals recorded during Ramadan

Monday, 25 July 2016 2:02 PM

5 million transactions with a gross value of $867m were recorded on a single day

72% of Jeddah shoppers visit stores after 9pm
Politics & Economics»

72% of Jeddah shoppers visit stores after 9pm

Wednesday, 20 July 2016 12:22 PM

Study was conducted to counter a decision by the ministry to close shops at 9pm

Saudi's Almarai cautious on outlook despite net profit up 18.6%
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Saudi's Almarai cautious on outlook despite net profit up 18.6%

Sunday, 17 July 2016 2:32 PM

Gulf’s largest dairy company said slump in oil prices has put pressure on government and consumer spending

Saudi firm set to open Snow City project in Riyadh mall
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Saudi firm set to open Snow City project in Riyadh mall

Monday, 11 July 2016 1:58 PM

Project will feature panoramic suspension bridge, ice bumper cars, sledge and ski zone, rope courses, climbing wall, snow mobiles

Indian jewellery giant reveals plan for Gulf expansion
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Indian jewellery giant reveals plan for Gulf expansion

Friday, 8 July 2016 1:02 AM

Kalyan Jewellers says it expects to earn 40% of its total revenue in the GCC by 2020

Saudi Arabia reopens market to US beef after mad cow concerns
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Saudi Arabia reopens market to US beef after mad cow concerns

Thursday, 7 July 2016 12:42 PM

Office of the US Trade Representative says Saudi market was worth $31m to US producers prior to ban in 2011

Investors to build 'all-female phone mall' in Riyadh
Politics & Economics»

Investors to build 'all-female phone mall' in Riyadh

Tuesday, 5 July 2016 1:37 PM

40-store telecoms complex is part of Saudisation of telecoms sector, according to official


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