Saudi BEMCO wins $1.3 billion deal for Riyadh plant
Arabian Bemco Contracting Co (Bemco) has won a 4.7 billion riyals ($1.25 billion) contract from Saudi Electricity Co (SEC) to…
May 20, 2012 9:46
Saudi Gulf Union plan stumbles as wary leaders seek detail
Saudi Arabia’s thrust for a Gulf Union, driven by fear of Arab Spring contagion and spreading Iranian influence, has stumbled…
May 20, 2012 9:37
UK envoy hopes Saudi woman will compete at Olympics
In April the head of the kingdom's sporting body said no female athletes would be part of Saudi Arabia's official Olympic team, but he left the door open to Saudi women participating in London independently
May 20, 2012 9:23
Saudi electricity signs $1.3 billion deal for Riyadh plant
Saudi Electricity Co (SEC) signed a contract worth 4.7 billion riyals ($1.25 billion) on Wednesday to build a power plant outside the capital Riyadh, the company said.
May 17, 2012 12:24
Saudi travel firm Al-Tayyar IPO seen pricing at top end
To raise up to 1.37 bln riyals from 30 pct IPO sale; Institutional portion oversubscribed nearly 5 times; Share price range set at 45-57 riyals; Listing seen early June; Saudi IPO sector showing signs of revival
May 17, 2012 12:19
Banque Saudi Fransi launches $750 million Sukuk
Launch spread at 185 bps over midswaps; Pricing tightened 15 bps from initial guidance; Sukuk to price Tuesday; first under new $2 billion programme
May 17, 2012 11:11
Gulf Leaders Expected to Announce Unity Plan
Gulf Arab leaders meeting on Monday are expected to announce closer political union, starting with two or three countries including Saudi Arabia and Bahrain, a government minister in Bahrain said.
May 13, 2012 3:57
Saudi Inflation Pressure to Continue In Second Quarter
Inflationary pressures are likely to continue in Saudi Arabia in the second quarter, the central bank said in a report published on its website;"The available data points to an expectation of continued inflationary pressure... during the second quarter of 2012," said a quarterly inflation report issued by the Saudi Arabian Monetary Agency (SAMA).
May 13, 2012 3:57
Saudi Says $100 per Barrel Great Price for Oil
Top crude exporter Saudi Arabia wants an oil price of around $100 a barrel and would like to see global inventories rise before demand picks up in the second half of the year, Oil Minister Ali al-Naimi said on Sunday.
May 13, 2012 9:20
South Korea says UAE, Saudi promise more oil
The United Arab Emirates and Saudi Arabia have promised to fill any gap in South Korea's oil imports if supplies from Iran are disrupted, South Korean Minister of Strategy and Finance Bahk Jae-wan said on Monday.
May 7, 2012 3:34
Banque Saudi Fransi Eyes Debut Dollar Sukuk
Bank eyes Islamic bond of at least $500 million; Sukuk to be issued depending on market conditions; Issue will fall under new $2 billion bond programme; Roadshows planned between May 7 - May 11
May 2, 2012 3:22
Saudi Airlines Expects Catering IPO Approval in May
Saudi catering unit IPO likely next month; Saudi considering purchase of 35-50 aircraft – official; Plane orders will help meet domestic demand
May 1, 2012 10:08
Fitch Says Saudi Mobile Market Still Offers Growth
At nearly 200 percent mobile penetration, the Saudi mobile market should be close to maturity, but surprisingly it is still growing, despite possible slowing in H212
May 1, 2012 10:05
Saudi Aramco Sets May Propane at $810/T, Down $180
State-run Saudi Aramco has set its May contract price for propane at $810 a tonne, down $180 from the April level, an industry source said on Tuesday.
May 1, 2012 9:37
Saudi's Tasnee Eyes Debut Riyal Sukuk
Saudi Arabia's National Industrialization Company (Tasnee) will begin meeting investors next week ahead of a potential debut Islamic bond, or sukuk, the petrochemicals firm said in a regulatory filing.
May 1, 2012 9:33- Blog
UAE women encouraged and discouraged to become athletic.
People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47 0Scammers in the UAE?
Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09 0 - Readers' Comments
BREAKING NEWS: Revamped Kippreport.com slicker, sweeter and super efficient
Great work to everyone who worked on the project :)
May 20, 2012 11:21In Pictures: The tallest cities in the Arab world
Thanks for changing it. Thumbs up :)
May 13, 2012 8:25 - Editor's Choice
Flying Shoppers: Dubai hopes airline passengers could ease its debt burden
With its bank credit scarce, Dubai is planning to raise at least $500 million by issuing bonds secured against future revenues of Dubai Duty Free. Will shopping save the day?
March 6, 2012 2:18 1‘Dr Doom’ says buy precious metals as Iran-Israel clash ‘inevitable’
"If you can't live with volatility, stay in bed," says 66-year old economist Marc Faber, who cautions people to secure wealth by buying precious metals and investment equities.
March 6, 2012 1:42 1 - Latest Features
The World’s Most Expensive and Exclusive Eyewear
As the world’s most expensive glasses will be launched this Sunday, Kipp takes a look at some of the most expensive and exclusive eyewear.
May 10, 2012 4:21 0What to get your Mum this Mother’s Day?
Mother’s day is around the corner and if shopping for gifts just isn’t your thing, take a look at Kipp’s top six gift ideas for Mother’s Day…
May 9, 2012 4:37 0
Dubai Municipality launches well-intentioned but weirdly executed awareness campaign.
So how exactly is the Municipality executing this campaign? A series of lectures, workshops, film screenings, awareness drive and, wait for it, taxi drivers.
May 21, 2012 3:53
‘Affordable’ property on the Palm? Oh! How the mighty have fallen...
Benevolent master developer to cater for those ‘less-well-heeded,’ with affordable studios at the Palm Views East and West.
May 21, 2012 3:44
UAE women encouraged and discouraged to become athletic.
People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47
Scammers in the UAE?
Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09