Royal News

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Date	Title
2008-04-29	Saudi to launch $5bn SWF Saudi Arabia is set to launch its first sovereign wealth fund with an initial capital base of 20 billion riyals ($5.3bn), reported the UK's Financial Times. Saudi offici...
2008-04-29	Prince Saud al-Faysal Denies Rift in Relations With Syria Foreign Minister Prince Saud bin Faysal bin Abd al-Aziz said yesterday that the Kingdom and Syria were in direct contact with each other and denied that relations had com...
2008-04-28	Saudi inflation near 10% Inflation in Saudi Arabia neared 10% in March, driven by the peg to the weak dollar, the Saudi Press Agency has reported. The cost of living rose for the tenth consecuti...
2008-04-28	GE unveils state of the art Saudi centre GE Energy has announced the development of a state of the art technology service centre in Dammam, Saudi Arabia. The $75m facility is scheduled to open in 2010 and will ...
2008-04-28	Bad loans in Saudi Arabia reached Dh6.9bn in 2007 Saudi Arabia's banks have registered nearly SAR7 billion (Dh6.9bn) in bad loans in 2007 after more than 180,000 people failed to pay back debt, a Saudi newspaper reported...
2008-04-28	Prince Salman Opens Children Arts Show Prince Salman bin Abd al-Aziz, Governor of Riyadh Region, tonight opened the Children Arts Show which includes paintings and photographs presented by Prince Bandar bin Sa...
2008-04-28	Crown Prince Sultan Arrives in Geneva Crown Prince Sultan bin Abd al-Aziz, the Deputy Premier, Defense and Aviation Minister and Inspector General, arrived in Geneva last night on a private visit. He will und...
2008-04-28	King Faysal Exhibit to Open Princess Misha'il bint Turki bin Faysal will open an exhibition next month in Riyadh focusing on the life of the late King Faysal bin Abd al-Aziz. The exhibition will inc...
2008-04-27	Leading Saudi, UK Law Firms Join Hands Herbert Smith, a London-based law firm with over 1,200 lawyers in branches world-wide, has established a formal and exclusive association in Saudi Arabia with the Al Ghaz...
2008-04-27	Jazeera to up KSA focus Jazeera Airways CEO, Marwan Boodai, has said that Saudi Arabia will be one of the airline's top three growth destinations in the next five years. Hubbed between Dubai an...