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  • Saudi Government pushes for Saudization

    Companies literally ‘pay the price’ for hiring foreigners

    Private companies in Saudi Arabia are pressed to hire more locals and will pay an annual fine for each excess foreign employee.

    November 13, 2012 6:11

    Could oil production from the US rival Saudi Arabia?

    John Kemp asks whether the oil production from the Bakken formation in North Dakota and Montana rival output from Saudi Arabia's supergiant Ghawar oilfield, the greatest oil-bearing structure the world has ever known?

    November 12, 2012 6:52

    Why traders in MENA are afraid of non-repayment

    Uncertainty over the global economy is increasingly prompting Middle Eastern companies to use financial instruments which offset the risk of non-payment by foreign trade partners, HSBC's regional commercial banking head said.

    November 12, 2012 6:41
  • 10-TRE165-Trends GCC Stock.pdf - Adobe Reader

    First Gulf company to issue hybrid sukuk

    The instrument is expected to appeal mainly to international investors familiar with the structure, rather than investors within the Gulf.

    November 7, 2012 11:43