Weak oil prices dull global stock outlook
Investors and oil companies are on the receiving end of Saudi and Russia's decision to boost output at this time...
Tag : Kingdom of Saudi Arabia
Riyad Bank plans early redemption of $1.06 billion sukuk due in 2025
The bank has received regulatory approval for its sukuk redemption...
Saudi raises $7 bn in bond sale to strengthen finances
It is reported that the Kingdom's bonds have been heavily oversubscribed...
Saudi Aramco plans $110 bn investment to develop Jafurah gas field
The field is estimated to have a gas volume of 200 trillion cubic feet...
MSCI Kuwait upgrade to boost ETFs and equities
The move is expected to generate billions of dollars of inflows into the Kuwait market...
Saudi Arabia joins US-led maritime coalition to protect oil shipping
Currently, the US, the UK, Bahrain and Australia are the only member countries of the task force...
Saudi Airlines Catering net profit drops 8.27% to SR220.6 mn in H1
The company attributed the decline in net profits to the adoption of IFRS 16 from January...
Saudi Arabia issues RFPs for round 2 of renewable energy projects
Nearly 60 companies have been issued with REPs, of which 28 companies are from the Kingdom...
Saudi Arabia might cut flagship crude price to Asia in September
The official selling price for Arab Light crude bound to Asia is expected to fall by 50 cents a barrel...
Hyatt to double number of hotels in Saudi Arabia by 2023
Hyatt’s commitment to developing new properties in the Kingdom is in line with the Saudi Arabia Vision 2030's focus on tourism...