Monday 26 September 2016
 
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Saudi Arabia

Saudi cbank to inject $5.33bn into banking system

Saudi Arabia's central bank said on Sunday it has decided to inject around SR20 billion ($5.33 billion) in time deposits into the banking system to boost financial stability. It has introduced two new maturity periods for repu

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Cayan launches sales of $266m Saudi mixed-use project

Cayan Group, a leading property developer in the Middle East, has launched the sales of its SR1 billion ($266 million) mixed-use residential project Samaya, coming up in Riyadh, Saudi Arabia. The project developed on a massive 1 m

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Saudis 'ready for Opec deal if Iran freezes output'

Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its own output this year, in a major compromise ahead of talks in Algeria next week, three sources familiar with the discussions told Reuters. The offer

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Lubna Al Olayan tops Forbes' list of most powerful Arab women

Saudi Arabia’s Lubna Al Olayan, who’s at the head of a family empire, tops the Forbes Middle East’s list of “The Most Powerful Women in the Arab World” this year. The list, released for the fifth consecutiv

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L&T wins key Saudi construction contract

Indian construction giant Larsen & Toubro (L&T) has won a major contract from Saudi Electricity Company (SEC) for building a 132 kV double circuit transmission line besides a 132 kV cabling in the Rafah, Arar, and Sakaka areas of the kin

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L&T wins key Saudi construction contract

Indian construction giant Larsen & Toubro (L&T) has won a major contract from Saudi Electricity Company (SEC) for building a 132 kV double circuit transmission line besides a 132 kV cabling in the Rafah, Arar, and Sakaka areas of the kin

More…

L&T wins key Saudi construction contract

Indian construction giant Larsen & Toubro (L&T) has won a major contract from Saudi Electricity Company (SEC) for building a 132 kV double circuit transmission line besides a 132 kV cabling in the Rafah, Arar, and Sakaka areas of the kin

More…

Saudi Arabia arrests 17 Islamic State attack plotters

Saudi Arabia has arrested 17 suspected Islamic State sympathisers accused of plotting attacks on religious officials, security forces, civilian districts and economic and military targets, the interior ministry said on Monday. Fou

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IKEA Saudi Arabia launches new catalogue

Ghassan Ahmed Al Sulaiman Furniture Trading Co., IKEA Saudi Arabia, a leading home furnishing company in the region, has launched today its 65th annual catalogue with “Creating Everyday Moments” as the theme. Through i

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IKEA Saudi Arabia launches new catalogue

Ghassan Ahmed Al Sulaiman Furniture Trading Co., IKEA Saudi Arabia, a leading home furnishing company in the region, has launched today its 65th annual catalogue with “Creating Everyday Moments” as the theme. Through i

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