Economy



MSCI could add Saudi Arabia as emerging market next year

LONDON: Index compiler MSCI will consult with investors about adding Saudi Arabia to its broader stock indices and could make a decision to include it as an emerging market in June 2015, an MSCI offic




Saudi Electricity Q2 profit surges 144%

DUBAI: Saudi Electricity Co.



Mobile subscriptions jump 165% to 50m by Q1

The number of subscriptions in the mobile telecommunications services across Saudi Arabia reached about 50 million by the end of the first quarter of 2014, a penetration rate of 165 percent of the pop




Fawaz Alhokair Q2 net profit up 15.7%

jeddah: Saudi Arabian retailer Fawaz Abdulaziz Alhokair Co. reported a 15.7 percent increase in second-quarter net profit on Monday, but missed analysts' estimates.



Rolta in Sadara engineering project

Rolta has been awarded an additional scope of work by Sadara Chemical Company (Sadara) to implement a comprehensive engineering information system within Sadara's Jubail integrated chemical complex.





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