Saudi Business News


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Date Title
2007-08-20 Tasi firms $10.5bn H1 profit
Companies listed on the Tadawul All Share Index (Tasi) saw their combined H1 profits grow by 3.2% to $10.5bn, when compared to the $10.2bn earned in the same period in 2...
2007-08-20 Saudi firms line up IPOs
Two subsidiaries of Saudi Arabia's Tiba Holding, Aqeeq Real Estate Development and the Arab Company for Tourist Regions, or Arak, are planning to raise a total of $280m ...
2007-08-20 Saudi gold demand up 30%
Demand for gold in Saudi Arabia rose 30% in Q2 with Umrah pilgrims and tourists helping to drive up sales, according to Arab News citing a World Gold Council report. Tot...
2007-08-19 BenQ records 50 per cent Q1 2007 revenue growth in KSA
BenQ, Saudi Arabia's best-selling projector brand, has recorded a 50 percent Q1 growth in overall revenues in the Kingdom of Saudi Arabia compared to Q1 last year. ...
2007-08-18 Jeddah seeks water PPPs
International consultants have been appointed to oversee the planned privatization of the water and sewerage sectors in Jeddah, via public-private partnerships (PPP), re...
2007-08-18 Saudis shun pharmacology
Saudi Arabia would need to generate 100,000 pharmacy graduates to replace the expatriate workers currently employed in both the public and private sector, reported Arab N...
2007-08-18 Sabic unit adjusts bond yield
The Netherlands based Sabic Innovative Plastics Holding, a subsidiary of the Saudi Basic Industries Corporation, Sabic, has cut the planned yield on its $1.5bn bond, acco...
2007-08-18 Hundreds of Saudi camels die from mystery ailment
Hundreds of camels have died in Saudi Arabia this week from a mystery ailment. The Agriculture Ministry has said 232 camels died in the space of four days in the Dawasir ...
2007-08-18 Saudi inflation at 2.8%
Saudi Arabia's Al Rajhi Bank and Investment Corporation has said inflation in the kingdom should rise to 2.8% this year, up from 2.2% last year, reported Arab News. Offi...
2007-08-17 Takaful Ikhlas expands ops to Saudi Arabia
Takaful Ihklas Sdn Bhd, a wholly-owned subsidiary of MNRB Holdings Bhd, has submitted an application to Bank Negara Malaysia and Permodalan Nasional Bhd (PNB) to expand ...
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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