One in five private companies operating in Saudi Arabia are likely to fall under the 'Red' zone as they are a long way away from meeting the Saudization targets, said a report citing officials from Ministry of Labour.
The report co
There are many drivers for consolidation of Saudi companies but significant challenges exist, says a study.
The study by NCB Capital, Saudi Arabia’s largest investment bank and leading GCC wealth manager, said vertical consolidation is mor
The successful sale on Saturday of a nine-month corporate Islamic bond will encourage similar issues in Saudi Arabia where access to longer-term financing is tight, said senior HSBC officials.
HSBC's Saudi affiliate advised and managed the
Improving economic conditions could take some time before they reflect on Saudi firms' bottom line, according to a survey by Banque Saudi Fransi.
Almost half of 824 surveyed firms expect inflation to rise in the coming two quarters and