Al Hokair makes first big push outside Saudi
Fawaz Abdulaziz Al Hokair Fashion Retail, one of the biggest retail groups in the Middle East, is making its first big push outside its home market of Saudi Arabia.
The group, which operates more than 900 stores, will open 112 new stores this y
Wilson Associates To Design 19 Hotels In One Saudi Arabian Development
Wilson Associates, the internationally acclaimed interior architectural design firm, announced their participation in the Jabal Omar Development Company’s (JODC) most recent development in Makkah, Saudi Arabia. The design firm has been selected to design
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Saudi Arabia to Finance Cross-Country Rail Project, Hayat Says
Saudi Arabia may provide financing for a $7 billion cross-country railway after groups bidding on the project were unable to get funds for the line, Al-Hayat said, without citing where it got the information.
Completion of the Saudi Land Bridg
Tags: Arabia, Cross-Country, Finance, Hayat, project, rail, Saudi, Says, to
CMA hints trigger rise in Saudi stocks
Saudi stocks extended gains last week, led by the petrochemical and banking sectors, particularly the Saudi Basic Industries Corp. (SABIC) that closed the week at a 14-month high.
The Tadawul All-Share Index (TASI) gained 1.35 percent on weekly
Drilling starts on Saudi ‘supergiant’ Manifa oil project
Saudi Arabia is pressing ahead with the biggest offshore oil development in its history, despite having about 4 million barrels per day (bpd) of idle crude production capacity.
Development of the “supergiant” Manifa oilfield, containing an esti
Tags: drilling, Manifa, oil, on, project, Saudi, starts, ‘supergiant’
Drilling starts on Saudi ‘supergiant’ Manifa oil project
Saudi Arabia is pressing ahead with the biggest offshore oil development in its history, despite having about 4 million barrels per day (bpd) of idle crude production capacity.
Development of the “supergiant” Manifa oilfield, containing an esti
Tags: drilling, Manifa, oil, on, project, Saudi, starts, ‘supergiant’
2Connect to boost Saudi IT services
Bahrain-based 2Connect has announced plans to expand its portfolio of products and services in the Saudi Arabian market.
Launching of its state-of-the-art managed information technology and related services through a branch office marks 2Conne
Bahrain’s Unicorn near Saudi asset management deal
Bahrain-based Islamic investment bank Unicorn is close to signing a “big” mandate for asset management services in Saudi Arabia, a senior executive said on Tuesday.
“We hope to sign it in the next days,” said Ikbal Daredia, head of the capital
Tags: asset, Bahrain's, deal, Management, near, Saudi, Unicorn
Saudi Fransi to test waters for debt issuance
Saudi lender Banque Saudi Fransi (BSF) will meet investors in Europe, Asia and the Middle East next week to test the waters for a potential debt issuance, executives at the bank said on Wednesday.
“We will test the water to present the bank,” o
Fitch affirms Saudi Hollandi Bank at ‘A-’; outlook stable
Fitch Ratings has affirmed Saudi Hollandi Bank’s (SHB) long-term Issuer Default Rating (IDR) at ‘A-’ with a stable outlook, short-term IDR at ‘F2′, Individual Rating at ‘C’, Support Rating at ‘1′ and Support Rating Floor at ‘A-’.
The affirmati
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Financial Reports
- Fitch Affirms Strong Rating to NBAD
- Emaar Unit Opens New Facility in TechnoPark
- Ithmaar plans $400m capital hike for expansion
- Al-Rajhi Bank market capitalization makes it Saudi’s largest
- Vodafone Qatar to mark Grand Prix with special call rates to Bahrain
- Capital Intelligence affirms Investcorp ratings
- Alwaleed again tops Arab rich list
- Investment Dar seeks legal protection
- Barwa Village is ready to take in first lot of tenants
- Qatar Telecom Faces Possible Moody’s Downgrade