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Sun, 22 Nov 2009 | 19:12 GMT
 
Top Saudi Arabia News

  • First Wyndham Hotel in ME to be developed in Saudi Arabia


    Wyndham Hotels and Resorts has signed an agreement to operate the first Wyndham brand hotel in the Middle East, a 210-room, 15-story upscale hotel to be developed by Rayada Investment Company in Riyadh. Press Release - 22Nov 10:25GMT
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  • Expatriates Account For Upto 58% Of GCC Workforce


    The gap between locals and expatriates in the GCC workforce has remained huge with the expatriates recording a dominating presence in virtually all job categories, according to a report by TalentRepublic.net. The report reveals that up to 58% of the GCC's workforce is made up of expatriates. Press Release - 22Nov 07:14GMT
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  • Saudia, Gulf Air jets avert midair collision


    Alert Air Traffic Controllers (ATC) at the Mumbai airport averted a major mid-air collision between two aircraft that came within a vertical separation height of 800 feet, 200 feet less than what it should have been. Arab News - 22Nov 07:01GMT
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  • Transporters Report 20% Rise In Travelers In KSA


    Bus carriers have reported a 20 percent increase in the number of travelers during the Haj and Eid holidays compared to last year. Arab News - 22Nov 06:59GMT
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  • GCC customs law revision to benefit UAE free zone firms


    Free zones in the UAE will soon benefit from a duty-free trade with GCC states and other countries with whom the country has free trade agreement, Emirates Business has learnt. Emirates Business 24/7 - 22Nov 06:44GMT
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  • Mobily offers pilgrims special bundles for SR99


    Mobily is giving pilgrims phone lines for SR99 - and is throwing in a mobile phone. Mobily said it is offering the bundle in cooperation with one of its partners, Axiom Telecom. The Saudi Gazette - 22Nov 06:39GMT
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  • SHB launches new credit facility for its customers


    Saudi Hollandi Bank (SHB) launched for its customers a new credit facility that enables them to transfer the outstanding balances of all their credit cards issued by other banks to a Saudi Hollandi Bank credit card, provided that the bank shall pay all the due amounts on the customer's credit cards to other banks. The Saudi Gazette - 22Nov 06:38GMT
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  • Kuwait hopeful on UAE return to fiscal union


    The UAE could still rejoin a landmark monetary union to be launched by four of its partners in the Gulf Co-operation Council despite a rift over the location of the GCC central bank, Kuwait's finance minister said. Emirates Business 24/7 - 22Nov 06:36GMT
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  • 'Saudi tourists top spenders in Lebanon'


    High-spending Saudi tourists have contributed over 22 percent to Lebanon's total tourism revenues over the last ten months of 2009, according to a report by research firm Global Refund. The Saudi Gazette - 22Nov 06:35GMT
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  • Saudi Arabia important force for stability in region: Berlusconi


    Italian Prime Minister Silvio Berlusconi, on a two-day visit to Jeddah, described Saudi Arabia as an important force for stability in the region. Europe, he said, appreciated the Kingdom's political and economic role in the region. Arab News - 22Nov 05:25GMT
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Marching On

The Saudi-based Al Babtain Power and Telecommunications is one of the largest of its kind in Saudi Arabia, in terms of capacity, with facilities in Saudi Arabia and Egypt. Seemingly unaffected by the global crisis, the company grew revenues and profits, in 2008, and recently announced that it has increased its paid-up capital by 40% to USD120 million.
 
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Regional Stock Markets - EIS' View
 
Gianluca Giardina, Senior Fund Manager at EIS, talks about the performance of the region's stock markets.
Dubai Eye - 18 Nov 2009

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Community Buzz

Stories in Saudi Arabia

 

Companies in Saudi Arabia

Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Saudi Binladin Group Saudi Arabia Construction and Design
Saudi Telecom Saudi Arabia Telecommunications Services
Saudi Electricity Company Saudi Arabia Electric Utilities
Al Rajhi Bank Saudi Arabia Banking
Almarai Company Saudi Arabia Food
Saudi Basic Industries Corporation Saudi Arabia Petrochemicals
Hyundai Engineering and Construction Company - Saudi Arabia Saudi Arabia Construction and Design
Al Azizia Panda United Company Saudi Arabia General Retailers
Ministry of Health - Saudi Arabia Saudi Arabia Ministries and Municipalities
National Commercial Bank Saudi Arabia Banking
 

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Calendar

 EntityEvent 
01Nov Organized by dmg world media Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) (4 days from 01-04 Nov 2010)
04Oct Organized by PennWell Corporation POWER-GEN Middle East 2010 (3 days from 04-06 Oct 2010)
03Oct Organized by Riyadh Exhibitions Company Saudi Build 2010 (4 days from 03-06 Oct 2010)
07Jun Organized by BME Global WEPOWER 2010 (4 days from 07-10 Jun 2010)
25May Organized by Al-Iktissad Wal-Aamal Arab International Industrial Forum (4 days from 25-28 May 2010)
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Oasis Of Hope?
There are complaints a market project in southern Jeddah is not helping the low-income women it was originally set up to support. The Jeddah municipality and Bab Rizq Jameel had established market stalls near the Jeddah-Makkah highway in Prince Abdul Majeed district.
 
 
An Easier Procedure
Saudi Arabia is waiting for a mortgage law to be announced soon. Experts point to the ever-widening gap between demand and supply in the Kingdom and say that only a mortgage law will reduce this gap over a period of time.
 
 
Economy & Politics
Back In The Count
Kamran Butt, director and head of Middle East and India, Private Banking Equity research, Credit Suisse, talks of how as the global economic recovery gains traction, regional markets will outperform.
 
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Company Ranking
Ranked by Market Cap 
Based on yesterday's close
 | No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Saudi Basic Industries Corporation Saudi Arabia 64,595
2 Al Rajhi Bank Saudi Arabia 30,298
3 Saudi Telecom Saudi Arabia 25,065
4 Samba Financial Group Saudi Arabia 12,899
5 Saudi Electricity Company Saudi Arabia 12,221
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Related Information
Companies in Saudi Arabia
Companies in Saudi Arabia
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EIU Research On Saudi Arabia Economy & Sectors
Key Developments23Oct09
Business Outlook21Jul09
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