Sunday 26 June 2016
 
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Saudi Arabia

Saudi non-oil GDP growth to slow to 2.8pc

Growth in Saudi Arabia's non-oil gross domestic product is expected to slow to 2.8 per cent this year from 3.4 per cent in 2015, Saudi central bank governor Ahmed Al Kholifey told state television station Ekhbariya. Kholifey,

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Saudi non-oil GDP growth to slow to 2.8pc

Growth in Saudi Arabia's non-oil gross domestic product is expected to slow to 2.8 per cent this year from 3.4 per cent in 2015, Saudi central bank governor Ahmed Al Kholifey told state television station Ekhbariya. Kholifey,

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Saudi Arabia picks arrangers for $10bn bond

Saudi Arabia has chosen Citigroup, HSBC and JP Morgan to arrange its highly anticipated sovereign bond issue, two sources with knowledge of the matter said on Sunday. Banks had pitched for roles on the transaction earlier this mon

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Cisco inks key Saudi partnership deal

Cisco, a global technology leader, has signed a MoU with the Saudi Ministry of Commerce and Investment that sets a roadmap for an accelerated pace of digital transformation in the kingdom. Saudi Arabia is the largest technology ma

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Cisco inks key Saudi partnership deal

Cisco, a global technology leader, has signed a MoU with the Saudi Ministry of Commerce and Investment that sets a roadmap for an accelerated pace of digital transformation in the kingdom. Saudi Arabia is the largest technology ma

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SaudiGulf wins licence for domestic flights

Saudi Arabia has granted SaudiGulf Airlines a licence to operate domestic flights within the kingdom, the first such award in a long-planned liberalisation of the aviation market, state news agency SPA reported. SaudiGulf, based i

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Saudi may return to oil market balancing role

Saudi Arabia, the world's largest oil exporter, may return to its role of balancing oil supply and demand after the recovery of the global market, the country's energy minister indicated in comments published on Wednesday.

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Saudi Arabia to let foreign investors buy listed bonds

Saudi Arabia plans to let foreign institutional investors buy exchange-listed debt instruments as part of reforms intended to draw more foreign money into its markets, the Capital Market Authority (CMA) said on Wednesday. After op

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Saudi to issue about $5.3bn of domestic bonds

Saudi Arabia's government will sell about SR20 billion ($5.3 billion) of domestic bonds to banks next Monday, the Maaal financial website quoted official sources as saying on Tuesday. Since last August, the government has been

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Materials Handling Saudi Arabia launched

Messe Frankfurt Middle East, one of the region’s largest exhibition organisers, has announced the launch of the inaugural Materials Handling Saudi Arabia 2016. The two-day exhibition and conference will take place on Novembe

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