Category: Saudi Arabia Market

Instantly update and podcast Saudi Arabia Market News and Analysis from varies financial media and provide a sitemap with financial news summary & link to latest Saudi Arabia Market News for the one who wanted to catch up Saudi Arabia Market change in timely manner.


UAE’s TIME Hotels expansion plans to include new KSA hotels

The UAE-headquartered hospitality company and hotel operator will reveal its plans to open eight new properties across the Middle East and the Indian Ocean over the next 18 months.. “We currently have 14 properties consisting…

Riyadh to provide $500m to Pakistan for development projects

Pakistan and Saudi Arabia have agreed to give strategic direction to their ties through the Saudi-Pakistan Supreme Coordination Council (SP-SCC) by strengthening and diversifying existing bilateral cooperation in different…

Radisson aims to create memorable moments throughout Ramadan

JEDDAH — From rustling up meals to break the fast, to getting together through virtual Iftar gatherings, the world has marked a socially distanced holy month of Ramadan for the second year straight.. However, looking at…

Arrow Declares June Cash Dividend

Saudis in Talks to Sell Aramco Stake to Global Energy Firm (Bloomberg) — Saudi Arabia crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a “leading global energy company”….

Chinese Sovereign Wealth Fund Eyes Stake In Aramco

As the production cuts agreed to by OPEC+ drive oil prices higher amid a broad-based commodity boom, China’s sovereign wealth fund China Investment Corp is eying a major investment in Aramco, the world’s most valuable company,…

Private sector Saudization rate rises to 22.75 percent in 2021

Within the Kingdom private sector, the Saudization rate — the percentage of workers who are Saudi nationals — rose to 22.75 percent in the first quarter of 2021, compared to 20.37 percent during the same period last year…..

Saudi petrochemical earnings jump on higher selling prices

Saudi petrochemical companies reported a jump in first-quarter earnings as prices for key products rose on recovering global demand.SABIC Agri-Nutirents, the SABIC unit formerly known as SAFCO, said net profit surged 39 percent…

Mideast Petrostates Ramp Up Oil-Asset Sales to Raise Billions

Breadcrumb Trail Links PMN Business Article content Time was when the Middle East petrostates recoiled from using their crown jewels to raise money from foreign investors.. In the space of a few weeks, Saudi Arabia, the United…

Saudis in Talks to Sell Aramco Stake to Global Energy Firm

Saudi Arabia crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a “leading global energy company”. The kingdom is looking at the potential sale — which could be worth about…


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