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Saudi's SABIC Plans $100 Mln China R&D Centre

Saudi's SABIC Plans $100 Mln China R&D Centre

The facility in the Shanghai region will house a total of about 400 employees when it is completed in 2013, the company said on Friday.

April 7, 2012 12:25
 
Saudi's SABIC Plans $100 Mln China R&D Centre

Saudi's SABIC Plans $100 Mln China R&D Centre

The facility in the Shanghai region will house a total of about 400 employees when it is completed in 2013, the company said on Friday.

April 7, 2012 12:19
 
Saudi To Maintain Oil Supply If U.S. Draws Stocks

Saudi To Maintain Oil Supply If U.S. Draws Stocks

Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sources said.

April 3, 2012 5:06
 
Saudi Finance Minister Says Happy With Fitch AA- Rating

Saudi Finance Minister Says Happy With Fitch AA- Rating

"This credit rating is considered to be excellent in light of the international economic conditions and regional circumstances," Alassaf was quoted as saying in a press release issued by the Saudi Arabian Monetary Authority (SAMA), the central bank.

April 3, 2012 7:58
 
Saudi Electric may go for long Sukuk tranche

Saudi Electric may go for long Sukuk tranche

Massive demand for Saudi Electric Co's (SEC) first international sukuk issue may prompt the company to include a rare long-dated tranche -- and could encourage issues by other utility companies in the Gulf.

March 26, 2012 4:28
 
Sexy scream leads to Saudi game app ban

Sexy scream leads to Saudi game app ban

What does a sexy scream sound like? If you’re not sure, then download the Shoe Wars app. According to Saudi authorities, the screams there are pretty sexy.

March 26, 2012 3:50
 
Saudi words won’t ease pressure on US fuel prices

Saudi words won’t ease pressure on US fuel prices

Saudi Arabia can't easily relieve Barack Obama's fuel price misery. Una Galani talks about why options for the world’s biggest oil supplier to rein in runaway crude are all imperfect.

March 21, 2012 2:48
 
Saudi oil exports rose 143,000 bpd in Jan -

Saudi oil exports rose 143,000 bpd in Jan -

Saudi Arabia produced 9.871 million bpd crude in January, 61,000 bpd more than December, while exports rose more than twice as much to 7.507 million bpd, according to the Joint Data Initiative.

March 18, 2012 12:39
 
NCB Capital cuts Saudi Investment Bank, Arab National Bank

NCB Capital cuts Saudi Investment Bank, Arab National Bank

Saudi banks with significant exposure to the corporate sector may see their net interest margins shrink as competition increases, NCB Capital said, downgrading Saudi Investment Bank and Arab National Bank to "neutral" from "overweight."

March 14, 2012 1:59
 
Saudi-owned Africa fund hit by management discord

Saudi-owned Africa fund hit by management discord

Prominent African private equity firm Kingdom Zephyr is in talks with investors on the future of its $490 million fund after the departure of its rainmaker forced the closure of its South African office, according to sources familiar with the matter.

March 12, 2012 1:41
 
Saudi Crown Prince in US for medical tests

Saudi Crown Prince in US for medical tests

Saudi Crown Prince Nayef, a pivotal figure who supervises the daily affairs of the kingdom, is undergoing "routine tests" at the renowned Cleveland Clinic in Ohio, Saudi television and hospital sources said on Friday.

March 10, 2012 4:46
 
Saudi Telecom's home boom may trim foreign ambitions

Saudi Telecom's home boom may trim foreign ambitions

Saudi Telecom Co's (STC) rising domestic revenue, halting a downward trend for the former monopoly, may lead it to slow its overseas push where it faces a tougher operating environment and limited buying opportunities.

March 8, 2012 3:27
 
Saudi Telecom’s home boom may trim foreign ambitions

Saudi Telecom’s home boom may trim foreign ambitions

Saudi Telecom Co's (STC) rising domestic revenue, halting a downward trend for the former monopoly, may lead it to slow its overseas push where it faces a tougher operating environment and limited buying opportunities.

March 8, 2012 3:27
 
Saudi Telecom eyes partnership for domestic market

Saudi Telecom eyes partnership for domestic market

Saudi Telecom Co is keen to take on a partner willing to offer services over its wireless network, an executive at the former state telecoms monopoly said on Wednesday.

March 6, 2012 1:54
 
Saudi Maaden-Alcoa Aluminium JV to add production line

Saudi Maaden-Alcoa Aluminium JV to add production line

Saudi Arabian Mining Co (Maaden) plans to add a new production line at its aluminium joint venture with U.S firm Alcoa to produce sheets used in the automotive and construction industries, the firm said on Monday.

March 6, 2012 11:05
 
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