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Top Saudi Arabia News

  • Bahrain's Workforce Hailed


    Bahrain's increase in labour productivity has been the highest in the Gulf since 2000 according to research by the Conference Board, an independent, not-for-profit organisation based in the USA. Khaleej Times - 29Aug 10:38GMT
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  • DP World Plans Huge Growth as Net Soars


    Dubai World subsidiary Dubai Ports World said it will expand its global network of terminals as emerging markets trade boosted its financial results for the first half of 2008. Emirates Business 24/7 - 29Aug 08:01GMT
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  • IDL Holds Diamond Grading Programs in Saudi Arabia


    The International Diamond Laboratories (IDL) earlier this month launched a diamond grading training program for the diamond industry in the Kingdom of Saudi Arabia. The Saudi Gazette - 29Aug 07:35GMT
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  • Saudi group calls on rights body to stop illegal arrests of citizens


    A group of citizens has urged the National Human Rights Association in Saudi Arabia to try to find a solution to the illegal arrest of Saudis, especially those who express their opinions in peaceful and civilised ways. Gulf News - 29Aug 07:04GMT
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  • Foreign Investments Break Record in Saudi Arabia


    Saudi Arabia's foreign investment swelled by nearly $25 billion (Dh91.7bn) in one month to smash the $400bn mark for the first time at the end of July - and it is expected to surge by the year end. Emirates Business 24/7 - 29Aug 05:59GMT
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  • GCC tech investments to top $9.1bn


    Technology investments in the GCC are expected to top $9.1bn by the end of 2008, making the region one of the world's leading hotspots for large-scale technology spending. The Peninsula - 29Aug 05:58GMT
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  • Siemens In Talks With Gulf And Russian SWFs


    Siemens, Europe's biggest engineering group, has held talks with sovereign wealth funds from the Gulf, Russia and other regions in an attempt to expand its long-term investor base. Financial Times - 28Aug 07:17GMT
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  • Sharia initiatives worth $10bn launched


    Three of the Gulf's biggest financial house has teamed up to launch three investment vehicles worth $10 billion (Dh36.7bn). Emirates Business 24/7 - 28Aug 05:31GMT
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  • Honda launches Pilot 'grand comfort cruiser' in Saudi Arabia


    Abdullah Hashim Company Ltd., the exclusive distributor of Honda cars in Saudi Arabia, has launched on Tuesday the all-new Pilot cruiser, which is aptly dubbed as the "Grand Comfort Cruiser" due to its superb qualities. The Saudi Gazette - 28Aug 05:23GMT
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  • Saudis to get prepaid electricity cards


    The Saudi Electricity Company will introduce prepaid electricity cards in about six months, Engineer Ali Al Barak, Executive President of the company, said. Gulf News - 28Aug 05:12GMT
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Zawya Select
ZawyaSelect
Economy & Politics
GCC Monetary Union Unlikely by 2010
With only about two years to go, Gulf Arab oil producers may not be able to meet the target for a monetary union by 2010, and are unlikely to sever their dollar pegs because the US currency is appreciating against other major currencies.
 

 
Economy & Politics
Confidence Tricks
The HSBC Gulf Business Confidence Index reveals that although confidence levels remain high among Gulf business people, they are on a steady, downward trend.
 

 
Saudi SE
Tasi Opens The Door
KSA has been under pressure by market participants and WTO to open up and, led by the reformist CMA, has taken tentative steps.
 
Company Ranking
Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Market
Capital
($mil)
1 Saudi Basic Industries Corporation Saudi Arabia 105,541
2 Al Rajhi Bank Saudi Arabia 35,848
3 Saudi Telecom Saudi Arabia 35,247
4 Samba Financial Group Saudi Arabia 18,625
5 Saudi Arabian Fertilizer Company Saudi Arabia 14,937
» View Full List
 
 
 
 
 
 
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