Saudi Arabia « 16/34 « | Kippreport.com

Barclays Wealth enhances focus on Saudi Arabia

Company appoints Faisal Shaker as Head of Wealth, Saudi Arabia

January 22, 2012 11:56

Saudi’s Kingdom Holding Q4 net profit falls 19.9 percent

Kingdom Holding Co, the investment vehicle of Saudi billionaire Prince Alwaleed bin Talal, posted a 19.9 percent decline in fourth-quarter net profit due to a decreased performance by associated hotels, it said on Saturday.

January 22, 2012 11:21

Saudi Arabia fears oil price spike on Iran tension

Saudi Arabia hopes crude oil prices will not surge higher on tension between Western governments and Tehran over Iran's nuclear programme and that benchmark Brent prices remain near $100 a barrel, a Gulf industry source told Reuters.

January 19, 2012 2:39

Saudi telecom Q4 earnings flat, still beat estimates

Saudi Telecom Co saw its fourth-quarter net profit edge down 0.3 percent as foreign currency losses hit its annual income, but the operator still beat forecasts.

January 19, 2012 2:37

Zain Saudi Arabia telcos Q4 loss narrows

Zain Saudi Arabia said on Wednesday its fourth-quarter net loss narrowed to 461 million riyals ($122.9 million) from 521 million riyals a year earlier, beating an analyst's forecast.

January 19, 2012 2:33

Saudi downbeat after Sabic Q4 miss

Below-forecast earnings from Saudi Basic Industries Corp (SABIC) and Al Rajhi Bank will dampen sentiment on an already downbeat Saudi Arabia bourse on Wednesday.

January 18, 2012 2:04

Saudi Electricity Co Q4 net loss widens on energy costs

Higher energy costs hit utility; Net loss wider than analysts' expectations

January 18, 2012 1:58

Saudi Almarai Q4 profits inch up, raw material costs bite

Almarai margins affected by higher raw material costs; Dairy firm says has yet to book Zain Saudi impairment

January 17, 2012 2:46

China Premier supports “appeal for change” in MidEast

China's premier gave his government's most forthright endorsement yet to the changes sweeping the Arab world, in an unusual expression of support during a meeting with the head of an association of Muslim states.

January 16, 2012 12:51

Saudi Civil Aviation body to print $4B sukuk

Saudi Arabia's General Authority for Civil Aviation (GACA) is set to print a 15 billion riyals ($4 billion) ten-year sukuk, its debut Islamic bond offering, a source familiar with the matter told Reuters on Monday.

January 16, 2012 12:41

Saudi Arabia, China sign nuclear cooperation deal

Saudi Arabia has agreed to cooperate with China on the civilian use of nuclear energy as part of a package of deals the world's most populous country signed over the weekend to strengthen ties with the top oil exporter, Saudi state news agency SPA reported.

January 16, 2012 12:34