Royal News

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Date	Title
2008-01-15	SABB named Best Private Bank in Saudi Arabia for 2008 The Saudi British Bank has been recognized as the Best Private Bank in Saudi Arabia in the Euromoney Private Banking and Wealth Management Survey 2008 which is regarded ...
2008-01-15	Sama launches service to Beirut Sama, Saudi Arabia's newest airline, has launched flights from Jeddah to Beirut, reported Al Bawaba. There will be 6 weekly flights between Riyadh, Jeddah and Beirut. Fa...
2008-01-15	Over 5,4 million Saudis pump over SAR16bn at Petro Rabigh IPO HSBC Saudi Arabia Limited, the Financial Advisor and Lead Manager for the initial public offering (IPO) of Petro Rabigh, announced the victory achieved in Petro Rabigh I...
2008-01-16	SABIC enters as partner in OSOS Petrochemicals project A Memorandum of Understanding has been signed by and between the Saudi Basic Industries Corporation (SABIC) and OSOS Petrochemicals (currently under formation). ...
2008-01-16	Al Waleed raises stake in Citigroup Saudi Prince Al Waleed Bin Talal has increased his stake in Citigroup the 'maximum he could' without triggering a US regulatory review, reported Gulf News. Investment ad...
2008-01-16	Saudi inflation hits 12-year high Saudi Arabia's annual inflation hit a 12-year high in November, giving the largest Arab economy negative interest rates, reported Reuters. Inflation in the kingdom accel...
2008-01-16	Saudi vows to boost output when needed Saudi oil minister Ali Al-Naimi said the kingdom would boost oil output when the market needed more, responding to a call from US president George W. Bush for Opec to cu...
2008-01-17	SABB named best private bank in Saudi The Saudi British Bank (SABB) has been named the 'Best Private Bank in Saudi Arabia' by the Euromoney Private Banking and Wealth Management Survey 2008. The survey resul...
2008-01-17	King Orders Winter Assistance to Needy Custodian of the Two Holy Mosques King Abdallah bin Abd al-Aziz has directed that an urgent lump sum assistance of 654,000,000 Saudi riyals be provided to social security...
2008-01-17	Us President Bush at al-Janadriya US President Bush joined King Abdallah bin Abd al-Aziz at his al-Janadriya ranch north of Riyadh on Wednesday morning. Bush had stayed overnight as the king's guest and w...