Troubled Saudi contractor MMG inks $120 million loan
Saudi construction firm Mohammad Al Mojil Group (MMG) signed a 450 million riyals ($120 million) loan to help support its balance sheet, it said in a statement on Sunday.
July 1, 2012 5:15
Saudi lending seen up despite cuts by European banks
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 2:27Saudi banks protected against bad loans – c.bank
Central bank sees no need for "big" provisions.
January 19, 2011 2:06Saudi economy slowly improving but lending weak
Growth coming chiefly from government spending.
October 20, 2010 9:14
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24