Saturday 19 April 2014
 
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Jadwa

Saudi foreign assets hit $682bn in July

Saudi Arabia’s foreign assets surged to a record high of SR2.56 trillion ($682 billion) in July as a result of robust oil revenues and possibly a higher return on Saudi Arabian Monetary Agency's investments, according to a report.

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Saudi construction 'to see strong growth'

Jadwa Investment sees strong growth in the Saudi construction sector from the kingdom's massive building plans but predicts a slowdown in the key export-driven petrochemicals industry as global growth weakens.  'It will be the

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K&S advises Jadwa in beverage firm stake buy

King & Spalding, a leading international law firm, said it had advised Riyadh-based Jadwa Investment Company in the acquisition of a significant equity stake in Gulf Union Foods Company (GUFC), a top producer of juices and beverages in Saudi A

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K&S advises Jadwa in beverage firm stake buy

King & Spalding, a leading international law firm, said it had advised Riyadh-based Jadwa Investment Company in the acquisition of a significant equity stake in Gulf Union Foods Company (GUFC), a top producer of juices and beverages in Saudi A

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Jabal Omar contract cancellation void: Jadwa

Saudi investment bank Jadwa Investment said on Wednesday the cancellation of its financing contract by Jabal Omar Development Co was 'void' and it may seek reimbursement for any resulting losses or damages. Jabal Omar announced ear

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Credit squeeze hits Makkah project

A Saudi firm said on Wednesday it could not secure $3.3 billion financing for a property project near holy shrines in Makkah, in a fresh sign of the impact of the global financial crisis on the kingdom. Jabal Omar Development Co hired priv

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Malaysia buys into Saudi firm

Malaysia's state investment arm Khazanah Nasional said it has bought a 10 percent stake in Jadwa Investment, a Saudi-based shariah investment firm. The cost of the purchase is 270.9 million ringgit ($75.7 million). Launched in 2005

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Investment banking: Wall Street hits Riyadh

Saudis have got used to the sight of the cream of Wall Street beating a path to Riyadh’s door. Over the past couple of months, Merrill Lynch and Bear Stearns have joined the Goldman Sachs, Morgan Stanley, Credit Suisse and Deutsche Bank i

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Saudi 'will maintain riyal rate till 2010'

Saudi Arabia will ride out the latest spell of dollar weakness and maintain the riyal's exchange rate against the US currency at least until 2010, Jadwa Investment Company said in a research note. "None of the arguments that have been put

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