Royal News

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Date	Title
2008-02-24	Saudis pull out $4.8bn in investment in Lebanon Saudi investments worth more than 18bn riyals ($4.8bn) have been withdrawn from Lebanon over the past few years, reported Gulf News. At the same time, the number of Leba...
2008-02-24	Saudi inflation hits 7% Inflation in Saudi Arabia reached 7% in January, its highest level in more than a quarter century, reported Reuters. John Sfakianakis, chief economist at SABB bank, HSBC...
2008-02-24	Mobily's founders plan to sell 100m shares The founding shareholders of Saudi Arabian mobile telephone operator Mobily have announced their intention to sell 100 million shares of the stock that they own, reporte...
2008-02-24	King Abdallah Welcomes Mubarak Custodian of the Two Holy Mosques King Abdallah bin Abd al-Aziz held wide-ranging talks with Egyptian President Hosni Mubarak in Riyadh yesterday to discuss their positio...
2008-02-24	Kingdom, France to Bolster Civil Security Cooperation The Kingdom and France signed an agreement yesterday to reinforce their cooperation in internal security and civil defense. Interior Minister Prince Nayif bin Abd al-Az...
2008-02-23	Aramco hydrocracker shuts down Saudi Aramco has closes its hydrocracker facility at Ras Tanura refinery for one to two weeks, reported Reuters. An outage at the problem-ridden unit, has shut down an o...
2008-02-23	Zain picks up SR17.83bn in IPO Banque Saudi Fransi reported Zain's initial public offering (IPO) in Saudi Arabia was oversubscribed 283%, cited Arab News. It noted 8.53 million Saudis had bought Zain ...
2008-02-23	Saudi Arabia: Land Transport Signalling a possible shift to the national transportation scheme, the ministry of transport may be relinquishing the Saudi Arabian Public Transport Company's (SAPTCO Sau...
2008-02-23	Royal Horses at Qatar Equestrian Festival One of the most awaited days in the Equestrian calendar in Doha is round the corner. The 17th edition of the Qatar International Equestrian Festival held under the patron...
2008-02-23	Saudi Builder Eyes World's Tallest Tower Kingdom Holding Co, controlled by Saudi billionaire Prince al-Walid bin Talal bin Abd al-Aziz, plans to invite bids before July for contracts to build the world's tallest...