Friday 29 July 2016
 
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Saudi

Saudi cleaner fuels project harvests foreign bids to build

Foreign engineering companies have bid to build Saudi Aramco's clean fuels project at the state oil giant's Ras Tanura refinery, industry sources told Reuters.   The bid deadline was July 17 for the $2 bi

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Al Tayyar Travel Group Q2 net profit falls 24.2pc

Saudi Arabia's Al Tayyar Travel Group posted a 24.2 per cent fall in second-quarter net profit on Wednesday. The company made a net profit of SR300 million ($80 million) in the three months to June 30, down from SR396 million

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Ascott signs deal for new serviced villas project in Riyadh

Ascott, a leading service residence owner-operator, is looking to expand its operations in Saudi Arabia with plans for The Ascott Villas Riyadh. Ascott and Bathel Alkhair Establishment for Trading and Real Estate recently inked a

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Ascott signs deal for new serviced villas project in Riyadh

Ascott, a leading service residence owner-operator, is looking to expand its operations in Saudi Arabia with plans for The Ascott Villas Riyadh. Ascott and Bathel Alkhair Establishment for Trading and Real Estate recently inked a

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Travelport, Roibek sign long-term agreement

Leading travel commerce platform Travelport and Roibek Travel, a pioneer of Saudi Arabia’s travel industry, have announced a new long term agreement that will see Roibek exclusively use Travelport’s industry leading technology across

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Saudi's PetroRabigh Q2 net profit slides 79.6pc

Saudi Arabia's Rabigh Refining and Petrochemical Co (PetroRabigh) reported a 79.6 per cent decrease in net profit in the second quarter as petrochemical prices dropped and refinery margins fell.  

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Saudi's PetroRabigh Q2 net profit slides 79.6pc

Saudi Arabia's Rabigh Refining and Petrochemical Co (PetroRabigh) reported a 79.6 per cent decrease in net profit in the second quarter as petrochemical prices dropped and refinery margins fell.  

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Expert welcomes single health insurance policy plan

Further growth is expected in the health insurance sector in Saudi Arabia after the full application of the single health insurance policy for the employer, according to an insurance expert. The new policy follows the resolution o

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Safco extends earnings slump

Saudi Arabia Fertilizers Company (Safco) met analyst forecasts on Thursday but extended its earnings slump, as its second-quarter net profit halved year on year as product prices remained low. Safco, a unit of Saudi Basic Industri

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Safco extends earnings slump

Saudi Arabia Fertilizers Company (Safco) met analyst forecasts on Thursday but extended its earnings slump, as its second-quarter net profit halved year on year as product prices remained low. Safco, a unit of Saudi Basic Industri

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