Saudi Business News


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Date Title
2007-11-06 Saudi bourse shakeup likely
The Saudi Capital Market Authority is seeking input from stock market investors and traders on how to restructure the bourse, reported Khaleej Times. The authority says ...
2007-11-01 Saudi Investment Forum 2007 to be held from 24 -26 November
The CWC Group (CWC) and Chamber of Commerce & Industry, Eastern Province today announced that the Saudi Investment Forum 2007 - the Strategic Conference & International ...
2007-10-31 SABB to boost capital by 60%
Saudi-based SABB Bank plans to raise the capital of SABB to SR6 billion ($1.6bn) by issuing 3 bonus shares for each 5 shares held, reported Arab News. The Board of Direc...
2007-10-31 Saudi power plant to cost $4bn
Construction of the Ras Azzour power and water desalination plant in Saudi Arabia is likely to cost around 25% more than the initial estimate of $3bn, reported Reuters c...
2007-10-30 Booming business worth �£4.4bn a year
Exports from Britain to Saudi Arabia are booming, worth $9bn (�£4.4bn) in 2006 with a 12% year-on-year increase in the first half of this year....
2007-10-30 CBB go-ahead for Saudi bank to set up branch
MANAMA: The Central Bank of Bahrain (CBB) yesterday announced it has granted a licence to NCB Capital to establish a branch in Bahrain. NCB Capital is a recently establis...
2007-10-30 Mobily doubles internet speeds
Mobily (Etihad Etisalat) says it has launched a new modem and data service that will double mobile broadband Internet speeds in Saudi Arabia, reported Khaleej Times. The...
2007-10-29 21 new routes for nasair
Saudi's budget carrier nasair has started flying to 21 public service obligation routes, reported Arab News. The airline will gradually cover flights from Riyadh to Qass...
2007-10-29 Saudi's leading insurer transformed by Enterprise IG
Enterprise IG, the global branding agency, has revealed how it has helped to prepare Saudi Arabia's leading Insurance Company amidst new market entrants and increased co...
2007-10-28 Insurance market in KSA to reach SR30b
Saudi Arabia's insurance market is poised to reach SR30 billion in 10 years, according to experts in this sector of business....
Top 5 Saudi Businessmen

Al Walid bin Talal
Bakr BinLadin
Salih bin Abd al-Aziz al-Rajhi
Salih Kamil
Abd al-Aziz H. al-Qusaybi

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