Posts Tagged ‘ saudi arabia ’

Oil drops on Saudi supply promise

March 20, 2012
By

Oil fell after Saudi Arabia promised to keep markets well-stocked with petroleum. Concerns about economic growth and fuel demand in China also weighed on prices.Oil has risen more than 9 percent this year … (read the story…)

Read more »

Dubai’s Deyaar eyes expansion outside UAE

March 20, 2012
By

Saudi Arabia and Turkey are target markets, chairman cited as saying (read more here…)

Read more »

Saudi turnover at 5-yr high; property drags Egypt lower

March 19, 2012
By

Turnover on Saudi Arabia's bourse hit a five-year peak on Sunday as money poured in with stocks hitting a new three-and-a-half year high, while real estate stocks weighed on Egypt's bourse after results … (read more…)

Read more »

Dubai stocks hit 15-month high; most Gulf bourses up

February 29, 2012
By

Saudi Arabia’s bourse ended at a new 41-month high yesterday after a session of volatile trading which saw the largest turnover in more than four years, as most other regional markets also extended gains. (read more…)

Read more »

Business : Accor to open 23 ME hotels

February 28, 2012
By

DUBAI – Accor Middle East is eyeing 23 new hotels in the Middle East until 2015, with a strong focus on Saudi Arabia and the UAE, its top official revealed on Monday. (more…)

Read more »

UAE leads GCC e-commerce push with $2bn sales

November 20, 2011
By

New study by Visa shows sales in UAE nearly four times that of Saudi Arabia in 2010 (read on here…)

Read more »

Big Saudi retailer pulls out of Dubai

October 25, 2011
By

previous photo Saudi Arabia's biggest retailer is pulling out of Dubai after complaining of rising rents in the emirate's most popular malls. Retail Group Gulf, which is majority owned … (read more here…)

Read more »

Exclusive: Saudi Arabia won’t tap reserves, mulls project bonds

October 24, 2011
By

ABU DHABI (Reuters) – Saudi Arabia will not need to tap into its reserves this year to finance additional budget spending but it is considering whether to issue Islamic or conventional bonds to help fund specific projects, the country’s Finance Minister Ibrahim Alassaf told Reuters. (read more…)

Read more »

Exclusive – Saudi Arabia won’t tap reserves, mulls project bonds

October 24, 2011
By

ABU DHABI (Reuters) – Saudi Arabia will not need to tap into its reserves this year to finance additional budget spending but it is considering whether to issue Islamic or conventional bonds to help fund specific projects, the country’s Finance Minister Ibrahim Alassaf told Reuters. (read more…)

Read more »

Saudi Arabia prepares for funeral of Crown Prince

October 24, 2011
By

DUBAI (Reuters) – Saudi Arabia is preparing for the funeral of Crown Prince Sultan as attention inside the kingdom and abroad turns to his successor and the likely appointment of a new defense minister. (more…)

Read more »