Saudi Arabia’s benchmark Tadawul All-Share Index bucked the three-day prevailing downward trend and logged a sharp gain of 2.39 percent on Sunday.
Total revenues of the Kingdom are expected to reach SR1.1 trillion in the current year, or a surplus of SR147 billion over the projected SR855 billion budget estimated earlier in the year, a financial
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), met Tom Wolber, president of Euro Disney S.A.S, Paris and Mark Stead, CFO of Disneyland Paris.
RIYADH: Saudi Arabian retailer Jarir Marketing Co.
Shares in National Commercial Bank (NCB) went on sale on Sunday in Saudi Arabia’s largest-ever initial public offering (IPO), which at SR22.5 billion ($6 billion) is also one of the biggest in the wor
ALKHOBAR: Crude production from the Khafji oilfield, jointly run by Saudi Arabia and Kuwait, has been halted temporarily to comply with environmental rules, according to an industry source and an inte
DUBAI: Burgan Bank, Kuwait's third-largest lender by assets, will launch a 21.6 million dinars ($74.8 million) rights issue by the end of 2014 pending regulatory approvals, it said in a bourse filing
ALKHOBAR: Saudi contractor Mohammad Al-Mojil Group’s (MMG) board had approved a recovery plan that use most of its existing capital base to pay off debts and new cash raised through a share issue, it
JEDDAH: Saudi Arabia Fertilizers Co. reported a 24.4 percent rise in third-quarter net profit, ending a sustained profit slump as sales prices and sales volumes increased.
The Saudi Credit Bureau (SIMAH) is playing a crucial role in bringing down the value of bouncing checks in the Kingdom, says its CEO Nabil Al-Mubarak.
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