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 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 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 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 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
The board of Saudi Arabia's al Rajhi bank accepted the resignation of its chief executive, Abdullah al-Rajhi, replacing him with Suleiman al-Zain, according to a statement on the bourse website on Sunday.
March 5, 2012 1:34
Saudi Electricity (SEC) is looking for companies to build and operate a 1,700-megawatt (MW) independent power plant (IPP) running on fuel oil, the state-controlled utility said on Monday.
March 5, 2012 1:17
Kingdom Holding Co , the investment vehicle of Saudi billionaire Prince Alwaleed bin Talal, will seek shareholders approval to tap debt markets through sale of either conventional or Islamic bonds, the company said in a statement.
March 1, 2012 2:00
Japanese bank Nomura has gotten regulatory approval to offer foreign investors access to Saudi Arabia's stock market, joining a growing list of banks beefing up their presence ahead of anticipated market liberalisation.
February 27, 2012 1:15
Tokio Marine Middle East, an Islamic insurer, has gotten regulatory approval to list up to 30 percent of its shares on the Saudi stock exchange, according to a statement on Monday.
February 27, 2012 1:10
Top oil producer Saudi Arabia increased exports sharply in the past week and is offering extra supplies to its biggest customers worldwide in what industry sources said appeared to be a bid to tame runaway crude prices.
February 25, 2012 12:17
A Saudi student accused of plotting to build and detonate bombs against targets including the Dallas home of former President George W. Bush was declared competent to stand trial on Tuesday by a federal judge.
February 22, 2012 12:42
Kipp takes McDonald’s up on its Open Door policy; armed with hair nets and plastic gloves we take a closer look at the inner workings of one of the largest fast food restaurateurs.
February 13, 2012 4:15
Saudi-based IDEA Polysilicon Co. has signed an agreement for Germany's Centrotherm Photovoltaics, the world's No.2 maker of solar equipment, to help it build a polysilicon plant in Saudi Arabia.
February 8, 2012 12:31
Saudi Arabian telco Etihad Etisalat (Mobily) lacks the spectrum to roll out a highly-touted next generation mobile network, its chief executive told Reuters, hampering efforts to offset falling voice margins with more lucrative data packages.
January 26, 2012 1:49