Royal News

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Date	Title
2008-01-09	Saudi Telecom receives $450 loan Saudi Telecom Co. has received a $450m loan from Al-Rajhi Bank to help fund an investment in Malaysia's Maxis Communications Sdn., reported Bloomberg. The loan from Al-R...
2008-01-09	Inmaa Banks plans $2.7bn IPO Saudi Arabia's Inmaa Bank plans to raise 10.1 billion riyals ($2.7bn) in what would be the largest initial public offering in the kingdom in five years, reported Bloomber...
2008-01-09	King Gives Cash for Camel Deaths Custodian of the Two Holy Mosques King Abdallah bin Abd al-Aziz has ordered the payment of SR20,000 per animal to the owners of camels that died after eating toxic feed, ...
2008-01-09	Prince Salman Coveys Condolences to Mu'ammar Family Prince Salman bin Abd al-Aziz , Amir of Riyadh paid a visit of condolence to the house of Shaykh Abd al-Rahman bin Saud bin Mu'ammar for the death of his son Abd al-Aziz ...
2008-01-09	Prince Saud bin Fahd Donates SR 2mn in al-Kharj Prince Saud bin Fahd bin Abd al-Aziz has donated SR 2mn towards charitable projects associated with the Prince Salman bin Abd al-Aziz Housing Charity, to be used towards ...
2008-01-08	Petro Rabigh IPO subscription exceeds SAR2.4bn in two days HSBC Saudi Arabia Limited, the Financial Advisor and Lead Manager for the initial public offering (IPO) of Petro Rabigh, announced today that subscription in the IPO has...
2008-01-08	Nokia Siemens wins $935m Saudi deal Nokia Siemens Networks has won a $935m order for a mobile network in Saudi Arabia, reported The Economic Times, while U.S. Motorola would deliver a smaller share of the ...
2008-01-08	Sarkozy Visit to Boost Ties With Kingdom French President Nicolas Sarkozy's visit to Riyadh next week is expected to highlight the political, economic, strategic and cultural ties between France and Saudi Arabia...
2008-01-08	King Faysal Prize Winners in 2008 Announced A special panel, chaired by Crown Prince Sultan bin Abd al-Aziz, selected King Abdallah on Saturday for the King Faysal Prize for Service to Islam. King Abdallah was sele...
2008-01-07	Saudi Internet users spend over $3.28bn in B2C e-commerce in 2007 A new Arab Advisors Group major survey of Internet users in Saudi Arabia reveals substantial adoption of e-commerce in the affluent and booming economy. 48.36% of Intern...