Saudi Business News


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Date Title
2007-08-16 Tadawul posts small drop
Saudi Arabia's Tadawul followed other stock markets and closed down today. It finished the day at 7,900.88, a slight drop of 28.81 points. Malath Insurance saw the bigg...
2007-08-15 SABIC worries on bond
Saudi Basic Industries Corp. (SABIC) announced it plans to cut a bond sale by almost half to $1.5bn on concern that global credit fears have hurt investor's appetite, ac...
2007-08-15 GGI $21m share float
Gulf General Insurance Company (GGI) has announced that it plans to float eight million shares worth $21.3m, an amount representing 40% of its share capital, Khaleej Tim...
2007-08-14 Saudi economy goes from strength to strength
There are no economic factors that can prevent Saudi Arabia's dynamic growth continuing throughout 2007 according to analysis by the National Bank of Kuwait, which expec...
2007-08-13 Foreign Investment in Saudi Arabia Rises
The Kingdom of Saudi Arabia has attracted SR68.6 billion in foreign direct investment (FDI) last year, a recent statement issued by the Saudi Arabian General Investment A...
2007-08-13 Ramada in Saudi expansion
Ramada Worldwide through its licensee and operator in Saudi Arabia, Riyada International Hotels and Resorts, is launching a major expansion programme across the kingdom....
2007-08-13 Al Asyah vetoes gypsum plant
The Al Asyah Municipality in Saudi Arabia has rejected a proposal by the Al Qasim Cement Company to construct a gypsum plant in the area, stating the facility would be lo...
2007-08-12 Structured finance for Gulf
Ratings agencies Standard and Poor's and Moody's have said that structured financing deals are growing rapidly in the Gulf due to the ongoing development of legal framewo...
2007-08-12 EEC, SETE KAEC talks
Emaar, The Economic City has opened talks with SETE Energy Saudia for Industrial Projects regarding the construction of a 30,000 cubic metre per day membrane bio-reactor ...
2007-08-12 Tasi flat despite global worries
Saudi Arabia's Tadawul All Share Index remained flat yesterday, Saturday, despite the volatility surrounding global stock markets at the end of last week, reported Arab N...
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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