Royal News

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Date	Title
2008-06-17	Oil flat, weighs Saudi output after fall from high SINGAPORE - Oil steadied on Tuesday after touching a record near $140 the previous day, with traders caught between a weaker dollar and expectations that top exporter Sau...
2008-06-17	Fitch affirms Arab National Bank at 'A'; Outlook Stable Fitch Ratings has today affirmed Saudi Arabia-based Arab National Bank's (ANB) Long-term Issuer Default rating (IDR) at 'A' with Stable Outlook, Short-term IDR at 'F1', ...
2008-06-17	Kingdom buys Abraaj's 30% stake in NAS Kingdom Holding Co, the investment company owned by Prince Alwaleed Bin Talal, acquired a 30% stake in National Air Services of Saudi Arabia from Dubai-based Abraaj Capi...
2008-06-17	Sabic to double output Saudi Basic Industries Corporation (Sabic) plans to double its current production capacity of 55 metric tonnes per year in 10 years time, according to Ahmed Al Gatai, Ge...
2008-06-17	King To Open Jiddah Energy Conference Custodian of the Two Holy Mosques King Abdallah bin Abd al-Aziz will open an international energy conference in Jiddah on June 22 to discuss ways to curb rising oil price...
2008-06-17	Director of US-based Saudi Academy Arrested The director of a Saudi government-funded Islamic school has been arrested and charged with failing to report a child abuse allegation, adding to scrutiny of the northern...
2008-06-16	IPO fever hitting Saudi Arabia Over 200 companies in Saudi Arabia are preparing to float over the coming few years. However, it is unlikely that all of them will meet regulatory requirements to launch...
2008-06-16	Sabic signs $3.7bn phospate deal Saudi Basic Industries Corporation (Sabic) has signed agreements with Maaden Phosphate Company in Riyadh, reported Arab News. The $3.7bn deal will develop the substantia...
2008-06-16	Saudis to Make Another Oil Output Hike in July UN chief Ban Ki-moon arrived in London after a 24-hour visit to Saudi Arabia during which he was assured the OPEC powerhouse would further increase oil output to meet hei...
2008-06-16	Prince Mishaal in Qatar Prince Mishaal bin Abd al-Aziz, the Chairman of Allegiance-Pledge Commission arrived in Qatar today. ...