Saudi Business News


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Date Title
2007-08-12 STC national day promotion
The Saudi Telecom Company is offering 50% discounts for calls made to Pakistan, India and Indonesia to mark their national days on August 14, 15 and 17 respectively, repo...
2007-08-11 Saudi top for salaries
A global survey by the Hay Group has found that Saudi Arabia and the UAE offer the best salaries to senior executives, reported Gulf News. Executives in Saudi take home,...
2007-08-11 BAE in $41bn Saudi deal
British defence firm BAE Systems is close to finalising a $41bn contract to build and supply 72 Eurofighter Typhoons to Saudi Arabia, reported The Times. It is hoped the...
2007-08-11 EFG-Hermes looks to Saudi
Investment bank EFG-Hermes, which manages $2bn worth of assets in Arab equities, is looking to raise its Saudi Arabian holding, reported Reuters. The bank increased its ...
2007-08-10 Saudi media influencing Arab opinion (TVNZ)
Saudi Arabia has extended its influence over pan-Arab media to try to counter opposition political movements that challenge the US-allied monarchy, a Saudi media mogul sa...
2007-08-09 GE Energy Upgrade for Saudi Electric Company Plan
GE Energy was chosen to conduct a turbine, generator and plant-wide control and protection upgrade by Saudi Arabian Engineering Co. Ltd. for the Saudi Electric Company - ...
2007-08-08 Saudi Arabia attracts $18.3b foreign investment in 2006 (Khaleej Times)
There has been a remarkable increase in foreign direct investment (FDI) in Saudi Arabia, according to the Saudi Arabian General Investments Authority (Sagia). Sectors o...
2007-08-08 Aramco finalises J. Ray LTA
J. Ray McDermott, S.A. (J. Ray) has been awarded a seven-year project by Saudi Aramco to provide engineering, procurement, construction and installation services for the...
2007-08-08 Tanmiyat launches Al Khalidiyah
Tanmiyat Group has launched its new integrated residential development 'Al Khalidiyah' in Al Jubail city, Saudi Arabia, covering an area of 2 million square metres. Jubai...
2007-08-08 Al-Rajhi relaunches car express
Al-Rajhi Bank has relaunched its 'car express' offer for the seventh month, joining 18 car brands in 11 cities in Saudi Arabia. The programme, aimed at facilitating car o...
Top 5 Saudi Businessmen

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