Sunday 13 July 2014
Saudi market

Low-risk Saudi market to lure foreign investors

Saudi Arabia has been ranked 14th among low-risk credit markets on a list of 76 countries published by a global ratings agency, which would help attract more foreign investors, said a top economist. The kingdom holds 15th position


Q1 earnings likely to propel Saudi stocks

  Saudi Arabia's bourse has underperformed most of its Gulf peers so far this year but the release of first-quarter corporate earnings, expected in the next few weeks, may give the market a leg up.  


Saudi extends decline amid probe report

Saudi Arabia's shares extended their sharp decline amid a negative global backdrop, while a local press report saying the king has called for an investigation into market violations added downward pressure. The index dipped 0.6 percen


Motorola launches Android smartphones in Saudi

Motorola, a global leader in mobile telecom, has introduced its Android smartphones Milestone and Milestone XT720 handsets to the Saudi market. “Consumers in Saudi Arabia are demanding ‘media on the go’ and Motorola is responding to this n


Saudi regulator approves two IPOs for 2010

Saudi Arabia's stock market regulator said on Sunday it approved two initial public offerings (IPOs) to be completed before the end of the year. Al Jouf Cement Co will offer 50 percent of its shares to the public, or 65 million shares at 1


Al Islami Foods enters Saudi market

Al Islami Foods, a leading halal food producer in the Middle East, has announced its entry into Saudi Arabia with a strategic distribution agreement with Arabian Trading Supplies, a leading distributor in the Kingdom. Under the distributi

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