Banks S. Arabia’s SNB launches USD-denominated sukuk Nada Ali Feb 20, 2024 0 The Saudi National Bank (SNB) issued its latest five-year U.S. dollar-denominated senior unsecured sukuk through a…
Money Saudi deal flow to increase as wealth fund seeks cash Aya Anwar Feb 19, 2024 0 As the Saudi Arabian sovereign wealth fund seeks to raise capital for its ambitious projects, deal activity is…
Featured S. Arabia oil production expansion halt due to transition – minister Aya Anwar Feb 12, 2024 0 Saudi Arabia plans to reduce its long-term oil production capacity expansion was due to energy transition, Reuters…
Featured S. Arabia’s industrial production falls by 10.5% in Dec. ’23 Nada Ali Feb 11, 2024 0 Saudi Arabia’s Industrial Production Index (IPI) decreased by 10.5 per cent in December 2023, due to the decline in…
MENA News S. Arabia’s overall merchandise exports fall by 15.6% in Nov. Nada Ali Feb 7, 2024 0 Saudi Arabia's overall merchandise exports declined by 15.6 per cent in November 2023 to 95 billion Saudi riyals,…
MENA News S. Arabia’s MMC plans to sell 30% stake in IPO Nada Ali Feb 7, 2024 0 Saudi Arabia's Modern Mills for Food Products Co. (MMC) intends to sell a 30 per cent stake in an initial public…
Money Saudi Aramco eyes Indian ventures Aya El Sayed Feb 7, 2024 0 Saudi Aramco, the state oil behemoth, is currently negotiating investment opportunities with Indian firms, as…
Featured S. Arabia’s Savola group to issue Almarai stake to shareholders Aya Anwar Feb 7, 2024 0 Saudi Arabia's Savola announced that it intends to give its eligible shareholders a 34.52 per cent stake in the…
Featured S. Arabia leaves Arab Light crude price to Asia untouched Aya Anwar Feb 6, 2024 0 S. Arabia kept the price for its flagship Arab Light crude to Asia in March untouched at a level that is more than…
MENA News Airbus in talks with S. Arabia for A330 military planes Nada Ali Feb 5, 2024 0 Airbus is in talks with Saudi Arabia to sell more A330 tanker military planes as the country is also planning to…