Saudi Business News


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Date Title
2007-10-23 Saudi wage hike urged
A committee of Saudi Arabia's advisory Shura Council has recommended a national wage increase to help employees cope with inflation, according to agency reports. The com...
2007-10-22 Ladies' bank in Saudi
Saudi Arabia's National Commercial Bank has opened a new office for ladies in western Jeddah in light of the bank's continued expansion targeted at the ladies sector, re...
2007-10-22 Optimiza Acquires Gulf Electronics for Technical Solutions (G-Tech) in the Kingdom of Saudi Arabia
Optimiza (Al-Faris National / (ASE:CEBC), a regional technology solutions and management consulting services company, has finalized the acquisition of Gulf Electronics fo...
2007-10-21 IHI to end overseas cement plant construction business (The Japan Times)
Heavy machinery maker IHI Corp. plans to pull out of the overseas cement plant construction business following a money-losing project in Saudi Arabia, President Kazuaki K...
2007-10-20 Tawadul reopens new trading system
Saudi banks and stock brokers is set to reopen today more than 3.6 million investment portfolios as it shifts to new exchange system, reported Arab News. The report adde...
2007-10-20 DevCorp International and National Check Kung University expand mariculture in Saudi Arabia
James Greenberg, Chairman, DevCorp International and its aquaculture joint venture AquaFarms, and Dr. Michael Lai, President of National Cheng Kung University (NCKU), Ta...
2007-10-20 Naftoil Saudi Arabia sign multi billion dollar oil exploration contract
Sheikh Solaiman Bin Abdulaziz Alkuhaimi of Naftoil Saudi Arabia sign multi billion dollar oil exploration contract with Mauritanian Government and Hani Salaam of Gulf Re...
2007-10-19 IHI to end overseas cement plant construction business
Heavy machinery maker IHI Corp. plans to pull out of the overseas cement plant construction business following a money-losing project in Saudi Arabia, President Kazuaki K...
2007-10-18 Kingdom Is Top FDI Recipient in Arab World
Saudi Arabia was the largest recipient of foreign direct investment (FDI) in the Arab world in 2006, attracting $18 billion, an increase of 51 percent over 2005, accordin...
2007-10-18 Finnish Firms Seek Bigger Stake in Saudi Arabia
Finnish Firms Seek Bigger Stake in Saudi Arabia...
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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