Thursday 28 July 2016
 
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Sedco

Saudi food consumption to grow by 7.3pc

Food consumption in Saudi Arabia will grow by 7.3 per cent in 2016, outperforming other regional markets, according to recent industry reports. Saudi Arabia’s recent total food service sales was estimated at SR33.3 billion (

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Riyali programme trains 100,000 students

The Riyali Financial Literacy Program, provided by Sedco Holding Group, has trained more than 100,000 students in Saudi Arabia.    The programme’s in-classroom sessions reached 80,760 students and its

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Sedco wins Saudi housing contract

Sedco Development, a key developer in Saudi Arabia, has been awarded a contract for the construction of Gardenia Residence, a project in Jeddah owned by the AlAhli Sedco Residential Development Fund in partnership with Ghoneim International Comp

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Sedco acquires 40pc stake in AlShiaka

Sedco Holding Group, a leading shariah-compliant private wealth management organisation, has acquired 40 per cent stake in AlShiaka, a leading Saudi Arabian men’s outfitters specialised in designing and making men’s thobes.

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Sedco acquires 40pc stake in AlShiaka

Sedco Holding Group, a leading shariah-compliant private wealth management organisation, has acquired 40 per cent stake in AlShiaka, a leading Saudi Arabian men’s outfitters specialised in designing and making men’s thobes.

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Robust Saudi equity market compels global attention

The Saudi equity market, which trades more than $2.4 billion in daily value, represents 13 per cent of emerging markets liquidity and stands to yield considerable attention from global managers, an industry expert said. With a mar

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Sedco projects vie for top Cityscape awards

Sedco Development, a property developer based in Jeddah, Saudi Arabia, said two of its projects have been shortlisted for the Cityscape Jeddah Real Estate Awards. The first is ‘Galleria’, a project inspired from Italia

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Sedco Capital plans to start feeder fund

Jeddah-based Islamic investment firm Sedco Capital plans to launch a Luxembourg feeder fund for its Gulf money market fund and is exploring ways to offer a Saudi-specific product to international investors, its lead fund manager said.

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Sedco inks deal to market residential project

Sedco Development, a real estate developer in Jeddah, Saudi Arabia, has signed up Dar Al Wessal, a company specialised in the sale of residential projects, to market its residential units. These units pertain to the AlAhli Sedco R

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Saudi coffee market rises sharply to $4bn

Coffee sales in Saudi Arabia will rise by 77 per cent in 2016 thereby overtaking tea sales, said a top official, pointing out that the growth in coffee processing has helped boost the Saudi market for coffees to SR15 billion ($4 billion).

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