Tuesday 22 August 2017
 
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Saudi Arabia

Goldman Sachs Saudi gets licence to expand

Goldman Sachs has been authorised to perform activities such as principal dealing, underwriting, managing investment funds and custody activities in Saudi Arabia. A statement from the Saudi Capital Markets Authority (CMA) said the

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Goldman Sachs Saudi gets licence to expand

Goldman Sachs has been authorised to perform activities such as principal dealing, underwriting, managing investment funds and custody activities in Saudi Arabia. A statement from the Saudi Capital Markets Authority (CMA) said the

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JLL appoints new country head for Saudi Arabia

JLL, a leading real estate investment and advisory firm, has appointed Ibrahim Albuloushi  as its new national director and country head for Saudi Arabia. Albuloushi is an international executive with 20 years’ experien

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Saudi Arabia denies ban on Qatari riyal dealings

The Saudi Arabian Monetary Agency (Sama) has debunked reports circulating on social media suggesting that it has instructed local financial institutions to stop dealing in Qatari riyals. The Saudi Press Agency (SPA) quoted Sama as

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Makkah Grand Mosque expansion work to resume: report

Saudi Arabia is expected to restart work on the $26.6-billion expansion of the Grand Mosque in Makkah next month, nearly two years after work was stopped on the project, a

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Oil drives Saudi Arabia’s fiscal deficit lower in H1

Saudi Arabia’s budget deficit, which fell to SR72 billion ($19 billion) in the first six months of the year, half of the first-half 2016 deficit, reflects a sharp increase in oil revenues from higher oil prices, Moody’s said.

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Saudi to allow Qatar pilgrims thro' Salwa border

Saudi Arabia's King Salman has approved the entry of Qatari pilgrims to the kingdom through the Salwa border crossing to perform Haj, a Saudi Press Agency report said. All Qatari nationals who wish to enter for Haj will be all

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Saudi students complete Huawei ICT programme in China

Huawei, a leading global ICT solutions provider, revealed that its third cycle of the global CSR programme for top Saudi students, ‘Seeds of the Future’, has recently culminated in China. Launched in collaboration with

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Work may restart on Makkah's $3.5bn hotel

Work on one of the world’s largest hotel projects, the $3.5-billion Abraj Kudai in Makkah, Saudi Arabia, is expected to restart, reports said. The hotel construction was halted in 2015 following the decline in oil prices and

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HTC launches e-commerce store for Saudi consumers

HTC, a pioneer in innovative smart technologies, has launched a new e-commerce store dedicated to bringing leading innovations in smart mobile devices to more consumers across Saudi Arabia. Through the new e-commerce store, visito

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