Tuesday 28 June 2016
 
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Saudi Arabia

Saudi Arabia unveils $1.3bn development projects

Saudi government has announced development projects worth SR5.1 billion ($1.3 billion) in Madinah region including the setting up of new power plants as well as implementation of sanitary drainage network, said a report. The annou

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KAEC in deal to set up new business, entrepreneurship college

The Mohammad bin Salman Foundation (MISK) Charitable Foundation and King Abdullah Economic City (KAEC) have signed a cooperation deal with US-based Babson College and Lockheed Martin to start the Prince Mohammad bin Salman College of Business an

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KAEC in deal to set up new business, entrepreneurship college

The Mohammad bin Salman Foundation (MISK) Charitable Foundation and King Abdullah Economic City (KAEC) have signed a cooperation deal with US-based Babson College and Lockheed Martin to start the Prince Mohammad bin Salman College of Business an

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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 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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