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Saudi King appoints son as Deputy Foreign Minister

Saudi Arabia's King Abdullah appointed his son Abdul-Aziz to the post of deputy foreign minister on Friday - Reuters

July 23, 2011 1:04
 
Next week: A sideways GCC market and Egypt on a rollercoaster

Next week: A sideways GCC market and Egypt on a rollercoaster

Investors flock to smaller markets as the GCC feels shockwaves from the Euro crisis. Kuwait is volatile while Saudi Arabia shows healthy signs of life. Reuters analysts share their forecasts.

July 21, 2011 12:42
 
What’s the big idea? Entrepreneurship in the UAE and KSA

What’s the big idea? Entrepreneurship in the UAE and KSA

Exclusive research from Kipp and YouGovSiraj has found more entrepreneurial drive among Saudis than in Emiratis while entrepreneurs remain skeptic about setting up online shopping. Precious de Leon reports.

July 20, 2011 3:45
 

Saudi Binladin Group to invest $500M in Turkey-paper

Private contractor Saudi Binladin Group (SBG) is planning to invest $500 million in a housing project in Turkey, the Turkish Star newspaper reported on Wednesday.

July 20, 2011 10:48
 

Batelco, Kingdom sign term sheet with Zain Saudi

Batelco, Kingdom sign term sheet with Zain Saudi to buy quarter-stake; Follows similar agreement with seller Kuwait's Zain in April.

July 20, 2011 10:28
 
Zain Saudi deal could be completed in eight weeks -Batelco CEO

Zain Saudi deal could be completed in eight weeks -Batelco CEO

Despite losses forecast in Q2 for Zain Saudi, Batelco’s deal to buy the telco firm in a $950m JV with Kingdom Holding is expected to wrap up in two months.

July 14, 2011 1:00
 
OPEC sees slower growth in 2012 oil demand

OPEC sees slower growth in 2012 oil demand

OPEC implies economic turbulence could shave current demand growth by 200,000 bpd, according to a Reuters report. So where’s this oil demand everyone’s (IEA and Saudi Arabia) talking about?

July 13, 2011 11:27
 

Gulf fund outflows halve to $26.1M in June – EFG Hermes

Fund managers report fund outflow dipping by 50 percent, with Saudi Arabia accounting for the bulk of the amount recorded - Reuters

July 12, 2011 1:42
 
Exclusive Research: UAE and KSA Online Shopping experience

Exclusive Research: UAE and KSA Online Shopping experience

Kipp collaborates with YouGovSiraj to bring you exclusive weekly UAE and KSA research under our latest section, Vox Populi. This week’s research covers online shopping behaviour. Precious de Leon reports.

July 11, 2011 1:04
 
GCC cinematic milestones

GCC cinematic milestones

The world of feature films is still developing, but to date the GCC has managed to put a handful of flicks. Probably a lot more than you expected.

July 10, 2011 4:06
 
Saudis may cut OSPs; not enough to lure Asian buyers for more

Saudis may cut OSPs; not enough to lure Asian buyers for more

Expected Saudi OSP cut insufficient to trump Russian ESPO; Saudis may continue to face hurdles selling more oil to Asia; China unwilling to take in additional offer of Saudi barrels - Reuters

July 2, 2011 10:18
 
This is not a drill: oil-consuming nations find temporary relief in emergency stockpile

This is not a drill: oil-consuming nations find temporary relief in emergency stockpile

IEA’s decision to dip into its emergency oil stock was settled only three hours before being announced, following the ‘failed OPEC meeting’. Will its intended shockwave really create an impact?

June 29, 2011 11:52
 

Saudi, Argentina sign nuclear cooperation deal

With Saudi's local power demand expected to nearly by 2030, the Kingdom is looking for partnerships globally, including Argentina's electricity generation and water desalination projects - Reuters

June 29, 2011 10:25
 

HSBC Saudi Arabia to merge with SABB Securities

Saudi investment company mergers for Europe's biggest bank to own 51 percent of new venture entity HSBC Saudi Arabia.

June 27, 2011 10:36
 
Through thick and thin: Arab Spring may not affect oil firms

Through thick and thin: Arab Spring may not affect oil firms

While oil companies remain vigilant, most are not worried about the effects of Arab Spring and are positioning themselves for regime change and inevitable losses, according to a Reuters report.

June 16, 2011 2:15
 
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