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Nokia charging back with full force
Saudi government websites targeted
Saudi Arabia aims to complete a study on setting a minimum wage for private sector workers within four months, local media quoted the labour minister as saying, part of a government drive to make jobs more appealing to nationals and cut unemployment.
May 29, 2012 12:25
Freeing up preferred spectrum for Saudi Arabia's telecoms operators to use for next-generation networks could add $95.5 billion to the economy by 2025, global telecoms lobby group GSMA said.
May 29, 2012 12:10
Pricing of the shares came at the top end of the 45 to 57 riyals range. The family-owned business group offered 24 million shares, with retail subscription running between May 14 and 20.
May 29, 2012 11:56
Alhamrani Group to sell majority stake in lubricant venture; Sale likely to generate between $400-$500 million – sources; Germany's Fuchs Petrolub holds remaining stake; Rothschild advising Alhamrani on sale process - sources
May 28, 2012 5:49
Egypt Jordan, Bahrain, Oman and Yemen - the Arab spring has elicited a string of pledges of loans and grants from the oil-rich kingdom to its troubled, resource-poor neighbours.
May 28, 2012 5:37
Indebted telecoms operator Zain Saudi said on Sunday it would ask shareholders to approve a multibillion dollar capital restructuring after the market regulator endorsed the plan.
May 28, 2012 10:45
The offering, which will consist of 24.6 million shares, will be sold to the public between June 18-24, following a period of bookbuilding which will decide the price which prospective investors will pay.
May 27, 2012 5:36
The refinery will have an annual production capacity of 1.8 million metric tonnes of smelter-grade alumina and is scheduled to be completed by the end of 2014, the statement added.
May 27, 2012 5:35
Foreign bank credit drops in Saudi Arabia; Local banks and government funds fill gap, liquidity high; Saudi bank lending fastest in three years
May 24, 2012 2:27
Saudi Arabia, the world's top oil exporter, may finally be getting serious about overcoming the technical and financial hurdles for tapping its other main resource: sunshine.
May 24, 2012 2:06
Saudi Arabia's National Industrialization Co (Tasnee) has priced a 2 billion riyals ($533.3 million) Islamic bond, or sukuk, the first time the petrochemicals firm has tapped the bond markets.
May 23, 2012 12:08
Saudi Arabia will feel only a limited impact from the euro zone debt crisis and will not cut spending even…
May 22, 2012 3:27
Saudi Arabia is likely to buy 4 million tonnes of Ukrainian barley in the 2012/13 season, Ukraine’s Farm Minister Mykola…
May 22, 2012 9:17
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 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
Telecom company exhibits its high impact projects, including Mobile Baby.
May 21, 2013 6:01
As the World Cup draws closer, Qatar's fiscal spending, its only policy tool, may become difficult to restrict.
May 21, 2013 4:23
Search engine giant confirms purchase of popular blogger site as both sides vow to address users' concerns
May 21, 2013 2:52
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
