Economy
Oil sovereign wealth funds key to green energy growth
JEDDAH – Oil revenues held in sovereign wealth funds (SWFs) based could become key to states’ efforts to diversify into alternative energy sectors, according to the report published this week by the Geneva-based non-governmental organization World Economic Forum (WEF).The report said SWFs – in
KSA businesses stable on strong, resilient economy
By Querubin J. MinasSaudi GazetteJEDDAH – The Saudi business sector remains "resilient" and would continue to enjoy
Investor confidence to fuel Saudi IPO market
JEDDAH – Initial public offerings (IPOs) in Saudi Arabia will bounce back this year after slackening in 2011 as the
KSA’s net foreign assets hit almost $600b in 2011
JEDDAH – Saudi Arabia’s combined foreign assets grew rapidly in recent years to stand at $707 billion at the end of
Wednesday, 25 - April 2012
JEDDAH – Gulf stocks closed mixed again Tuesday with the Saudi stock benchmark Tadawul All Share Index (TASI) losing 0.17 percent at 7,512.26 points as
Wednesday, 25 - April 2012
JEDDAH – Al Rajhi Bank, the world’s largest Islamic lender, is turning to the ringgit-denominated debt market for its debut sukuk sale to fund the opening
Wednesday, 25 - April 2012
Etihad Etisalat (Mobily) launched the first mobile application in the world that allows users to recharge their prepaid line via their phone camera, the
Wednesday, 25 - April 2012
MOODY’S Investors Service has reaffirmed Gulf International Bank’s (GIB) long-term and short-term foreign currency deposit ratings of A3 and P-2, respectively,
Wednesday, 25 - April 2012
Four Seasons Hotel Riyadh General Manager Greg Pirkle and Marketing Director Tarek
Wednesday, 25 - April 2012
JEDDAH – The second international counter-maritime piracy conference will be held in Dubai on June 27-28, 2012 as part of continued efforts to further
Wednesday, 25 - April 2012
RIYADH – The opening of the Saudi market for the Bulgarian business and investments in Bulgaria were among the major topics discussed at Tuesday’s meeting
Wednesday, 25 - April 2012
JEDDAH – Despite its youth, and especially in the aftermath of the financial crisis, GCC asset management industry has shown signs of maturity and consolidation,
Wednesday, 25 - April 2012
THE Savola Group has signed a contract with Adeem National Construction and Development Company to purchase the East Tower of "The Headquarters Business
Wednesday, 25 - April 2012
AWAL IT Services, a subsidiary of Saudi Telecom Group, and a leading IT services provider, has provided technical support and sponsorship to the 4-day
