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Date Title
2007-12-16 Saudi Aramco May Up Stake in Showa Shell
Saudi Arabian Oil Co. is open to the idea of raising its stake in Japan's Showa Shell Sekiyu KK if the oil distributor wants to expand its operations, the Nikkei business...
2007-12-16 Dar Al Arkan to Tasi this month
Saudi Arabian real estate firm Dar Al Arkan will float its shares on the Tadawul All Share Index (Tasi) on December 29, following its recent initial public offering (IPO...
2007-12-16 Investors seek Tasi small caps
The 0.9% fall in Saudi Arabia's Tadawul All Share Index (Tasi) yesterday, Saturday, was partly due to investors booking profits on large cap stocks and buying into small...
2007-12-16 Tabreed targets $272m loan for Saudi Expansion
The UAE based district cooling firm Tabreed is looking to set up a $272m syndicated loan to help finance its regional expansion programme, reported Emirates Business 24/7...
2007-12-16 PetroRabigh IPO price set
Saudi Arabia's Rabigh Refining and Petrochemical Company (PetroRabigh), a joint venture between Saudi Aramco and Japan's Sumitomo Chemicals, is to sell its shares at SR2...
2007-12-16 Prince Saud al-Faysal Receives Palestinian President
Prince Saud bin Faysal bin Abd al-Aziz, Minister of Foreign Affairs and head of the Kingdom's delegation to the International conference for donors for the Palestinian Te...
2007-12-17 Saudi clerics in inflation call
Saudi Arabia's religious clerics have called on the government to address rising inflation in the kingdom, reported Reuters. The riyal's peg to the weakening US dollar h...
2007-12-17 Saudi rental warning
Sa'ad Al Rusayes, a board member at the Riyadh Chamber of Commerce and Industry (RCCI), has warned rental rates in Saudi Arabia are likely to increase in H1 2008, report...
2007-12-17 Saudi Arabian mobile penetration set to reach 130% (EETimes)
Mobile penetration rates in Saudi Arabia are expected to rise 48 points to 130 percent in the coming five years, according to a recent report released by HSBC, which was ...
2007-12-17 King Abdallah Pardons Rape Victim
Saudi Arabia's King Abdallah bin Abd al-Aziz has pardoned a female rape victim who had been sentenced to six months in prison and 200 lashes for being alone with a man wh...
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