Saudi Business News


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Date Title
2007-10-01 Saudi Arabia World's Seventh Fastest Reformer
Saudi Arabia is the seventh fastest reformer globally and the second fastest in the region in the World Bank's annual Â?Ease of Doing Business report, World Bank Vice Pre...
2007-10-01 Saudi Aramco refinery bids
Three international engineering firms Foster Wheeler, WorleyParsons and the SNC-Lavalin Group have submitted bids to Saudi Aramco regarding a contract to help the state-...
2007-10-01 Sabic offers 6% pay hike
The Saudi Basic Industries Corporation (Sabic) is to increase its employees' wages by 6% following a board meeting, according to the Al Watan newspaper and cited by Reut...
2007-10-01 APICORP's 3rd BOD meeting held in Jeddah
The Board of Directors of Arab Petroleum Investments Corporation (APICORP) - an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) - held its 3r...
2007-10-02 Saudi Arabia To Figure Prominently At Cityspace Exhibition
With Saudi Arabia committed to enhancing its investment potential, the latest real estate developments and projects in the kingdom are to figure prominently at Cityscape ...
2007-10-04 Reform Set to Revolutionize Saudi Arabia's Justice System
Prominent Saudi officials and lawyers welcomed the judicial reforms approved by Custodian of the Two Holy Mosques King Abdullah and said the new laws would revolutionize ...
2007-10-04 Saudi oil exports may dip 12%
Saudi oil exports for 2007 may drop up to 12% from last year's record to $165bn as the world's largest oil exporter restricts production as part of Opec quotas, reported...
2007-10-04 Riyad Bank posts $191m profit
Riyad Bank, Saudi Arabia's fourth largest bank by market value, has reported that it made a third-quarter net profit of $190.9m, up 10% from the year-earlier period, rep...
2007-10-04 Arab Bank Group signs $6.1bn loan
Arab Bank Group has signed a $6.1bn loan agreement, as part of a consortium of international and regional banks, for the benefit of SABIC Innovative Plastic, a subsidiar...
2007-10-04 Raytheon IDS sweeps up two Saudi deals worth $100M
A Tewksbury-based defense contractor reports it has won two technical service contracts worth $100 million for the government of Saudi Arabia....
Top 5 Saudi Businessmen

Al Walid bin Talal
Bakr BinLadin
Salih bin Abd al-Aziz al-Rajhi
Salih Kamil
Abd al-Aziz H. al-Qusaybi

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