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Last Updated: Thu, Jan 19 2017 | 3:38 PM |
Saudi's Savola Group slumps to Q4 loss, misses forecasts
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Saudi's Savola Group slumps to Q4 loss, misses forecasts

Thursday, 19 January 2017 7:38 PM

Saudi Arabia's largest food products company cites lower gross profits, higher financial charges

Saudi dairy giant Almarai reports increase in Q4 net profit
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Saudi dairy giant Almarai reports increase in Q4 net profit

Sunday, 15 January 2017 10:13 AM

Almarai said earnings were hit by impairment of assets, changes in foreign exchange rates and higher funding costs during the quarter

Saudi Arabia rejects call to allow water exports despite low sales
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Saudi Arabia rejects call to allow water exports despite low sales

Thursday, 5 January 2017 2:02 PM

Sector investor says majority of 180 water plants export water due to poor domestic sales

Selective tax not yet implemented, says Saudi ministry
Banking & Finance»

Selective tax not yet implemented, says Saudi ministry

Thursday, 5 January 2017 2:02 PM

Tax on goods such as soft drinks and tobacco is likely to be imposed in April

Brazilian food exporter BRF to raise $1.5bn from IPO of Dubai unit
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Brazilian food exporter BRF to raise $1.5bn from IPO of Dubai unit

Thursday, 5 January 2017 11:00 AM

One Foods controls 45 percent of the poultry market in Saudi Arabia, the UAE, Kuwait, Qatar and Oman

Expats blamed for failure of telecom sector Saudisation
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Expats blamed for failure of telecom sector Saudisation

Wednesday, 4 January 2017 1:50 PM

Foreign traders continue to sell mobile phones at prices much cheaper than those offered in shops

Saudi Arabia said to mull further rises in retail fuel prices in 2017
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Saudi Arabia said to mull further rises in retail fuel prices in 2017

Monday, 26 December 2016 2:42 PM

Rise in domestic fuel prices is expected to be announced before the end of the year amid oil price crunch

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Saudi retail giant says to be anchor tenant at Dubai's First Avenue
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Saudi retail giant says to be anchor tenant at Dubai's First Avenue

Sunday, 25 December 2016 2:37 PM

ACE Hardware, the world’s largest hardware retail cooperative, is to open at First Avenue in Dubai’s Motor City

Gourmet dates firm Bateel plans major Qatar expansion
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Gourmet dates firm Bateel plans major Qatar expansion

Friday, 23 December 2016 11:08 AM

Saudi retailer says it will open six new cafes and shops across Doha, following expansion in Kuwait, Saudi Arabia and Oman in 2016

MidEast mobile phone market slumps in Q3 amid Saudi crackdown
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MidEast mobile phone market slumps in Q3 amid Saudi crackdown

Sunday, 18 December 2016 4:44 PM

Shipments in the region totalled 23.8 million units, down 19% on Q3 2015 as Saudisation move has major impact

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Saudi group completes acquisition of McDonald's Singapore, Malaysian franchise rights
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Saudi group completes acquisition of McDonald's Singapore, Malaysian franchise rights

Sunday, 4 December 2016 9:43 AM

McDonald’s said it transferred its ownership interest in 390 restaurants, more than 80 percent of which were company-owned, on Dec. 1 to Lionhorn

Tech firm HTC launches UAE e-commerce shop, Saudi roll-out to follow
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Tech firm HTC launches UAE e-commerce shop, Saudi roll-out to follow

Saturday, 3 December 2016 12:47 AM

Smartphone firm announces first HTC e-commerce site in the Middle East and Africa region

Saudi Arabia leads soaring MidEast demand for French cheese
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Saudi Arabia leads soaring MidEast demand for French cheese

Friday, 2 December 2016 10:22 AM

New research shows that Gulf kingdom imported more than $143m worth of cheese from France

Saudi fund to buy major stake in Alabbar's investment firm Adeptio
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Saudi fund to buy major stake in Alabbar's investment firm Adeptio

Tuesday, 29 November 2016 9:15 AM

Kingdom’s Public Investment Fund buy 50 percent of Adeptio from Mohamed Alabbar

As it happened: Arabian Business Digital Forum
Technology»

As it happened: Arabian Business Digital Forum

Monday, 28 November 2016 9:03 AM

The Arabian Business Digital Forum brings together the region’s top industry influencers and leading entrepreneurs to discuss and debate the blueprint for a digital future.

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