 |
Oil saving win-win drives Saudi solar boomA slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of dollars of crude for export while making electricity at less than half the cost, said exp More… |
 |
Saudi foreign assets hit record $668.2bnSaudi Arabia central bank's net foreign assets surged to a record high of SR2.51 trillion ($668.2 billion) in April, the official data showed. The kingdom's M3 money supply growth too accelerated to 14.1 per cent year-on-year at More… |
 |
WHO warns countries not to hoard virus secretsThe World Health Organization (WHO) has warned countries with possible cases of the SARS-like novel coronavirus that they must share information and not allow commercial labs to profit from the virus, which has killed 22 people worldwide. More… |
 |
Brocade appoints new country manager in SaudiBrocade, a leading network solutions provider, has appointed networking veteran Dr Cherif Sleiman to the position of country manager in Saudi Arabia, as part of its business expansion in the Middle East. In this role, Dr Sleiman i More… |
 |
Dar Al Arkan raises $450m from sukuk saleSaudi Arabia's Dar Al Arkan Real Estate Development Company has announced the launch of a SR2.8 billion ($750 million) International Islamic Sukuk Programme, in multiple tranches over a twelve month period. The order book for the fi More… |
|
Dar Al Arkan raises $450m from sukuk saleSaudi Arabia's Dar Al Arkan Real Estate Development Company has announced the launch of a SR2.8 billion ($750 million) International Islamic Sukuk Programme, in multiple tranches over a twelve month period. The order book for the fi More… |
 |
Drake & Scull clinches $461m Saudi contractDubai-based Drake & Scull International (DSI) has won a construction contract worth SR1.73 billion ($461.2 million) from Lamar Investment and Real Estate Development Company to complete its upcoming tower project in Jeddah. Th More… |
 |
Promoaction DDB wins Zain Saudi accountPromoaction DDB (P DDB) has been awarded the entire advertising account for Zain in Saudi Arabia as the telecom operator readies for further growth in the Kingdom. “We have aggressive More… |
 |
Saudi to allow expats with new work visasThe Saudi Arabian government has begun permitting companies to recruit expatriates who are in the process of rectifying their work status, said a report. Expats who leave the Kingdom on an exit visa can now return, the moment they More… |
 |
Saudi dairy approves $26m dividendsSaudi Dairy and Foodstuff Company (Sadafco) has approved a board recommendation for distribution of dividends worth SR97.5 million ($26 million) at SR3 per share representing 30 per cent of the capital, for the first quarter, said a report. More… |
