Thursday 24 August 2017
 
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Saudi Arabia

Saudi, China investment fund size put at $20bn

Saudi Arabia and China plan to establish and operate jointly a $20 billion investment fund, Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Falih has been quoted as saying by Reuters. Al-Falih was speaking on th

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Saudi to discuss joint investment fund with China

Saudi Arabia's Cabinet has authorised the Minister of Energy, Industry and Mineral Resources, or his deputy, to discuss with the Chinese side a draft memorandum of understanding between Saudi Arabia and China on the establishment of a join

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Saudi to discuss joint investment fund with China

Saudi Arabia's Cabinet has authorised the Minister of Energy, Industry and Mineral Resources, or his deputy, to discuss with the Chinese side a draft memorandum of understanding between Saudi Arabia and China on the establishment of a join

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Saudi Arabia declares Eid on Sept 1

Saudi Arabia's Supreme Court has announced in a statement that today (August 23) will be the first of the month of Dhul-Hijjah according to the calendar of Umm Al-Qura.   Accordingly, the attendance at the Mo

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Oil revenues drive Saudi fiscal improvements

Tight spending and oil revenues drove Saudi Arabia’s fiscal improvement in the first half of the year, said a report published by Bank of America Merrill Lynch (BofAML). The fiscal deficit in the second quarter of 2017 (2Q17

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Oil revenues drive Saudi fiscal improvements

Tight spending and oil revenues drove Saudi Arabia’s fiscal improvement in the first half of the year, said a report published by Bank of America Merrill Lynch (BofAML). The fiscal deficit in the second quarter of 2017 (2Q17

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Saudi Arabia plans new solar rules from July next

New rules covering the operation of small-scale solar power generating systems by electricity consumers in Saudi Arabia will come into force from next July, a Reuters report said. A regulatory framework for electricity consumers t

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Saudi Arabia plans new solar rules from July next

New rules covering the operation of small-scale solar power generating systems by electricity consumers in Saudi Arabia will come into force from next July, a Reuters report said. A regulatory framework for electricity consumers t

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Goldman Sachs Saudi gets licence to expand

Goldman Sachs has been authorised to perform activities such as principal dealing, underwriting, managing investment funds and custody activities in Saudi Arabia. A statement from the Saudi Capital Markets Authority (CMA) said the

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Goldman Sachs Saudi gets licence to expand

Goldman Sachs has been authorised to perform activities such as principal dealing, underwriting, managing investment funds and custody activities in Saudi Arabia. A statement from the Saudi Capital Markets Authority (CMA) said the

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