JEDDAH, 20 November 2007 — The Saudi stock market rebounded yesterday after the news that the Cabinet had appointed a new nine-member board of directors for Tadawul, the joint stock firm which is responsible
JEDDAH, 20 November 2007 — BMG Financial Advisors, a leading provider of financial services in the Kingdom, has signed an Memorandum of Understanding (MOU) with Coffee Bean and Tea Leaf (CBTL) to explore
DUBAI — Prince Alwaleed Bin Talal has been named as the recipient of first IIR Middle East Business Achievement Lifetime Award for Outstanding International Contribution by a Middle East Business
JEDDAH, 20 November 2007 — Samuele Mazza is a visual designer and stylist of artistic interiors. Mazza, based in Milan, Italy, who began his career as a fashion designer, is today recognized
DUBAI, 20 November 2007 — Gulf currencies rallied yesterday after United Arab Emirates policymakers called for a regionwide review of dollar-pegged exchange rates. The Saudi Arabian riyal hit
JEDDAH, 20 November 2007 — An open-ended Shariah complaint AlAhli Global Real Estate Fund, described as the world’s first, was introduced by NCB Capital here yesterday. The fund seeks to generate
MANAMA, 20 November 2007 — The GCC countries have produced about 32 billion barrels of oil since 2004 equivalent to worth about $2 trillion at spot prices. Based on every dollar per barrel of
RIYADH, 20 November 2007 — As part of common expansion strategies, Erne Fittings GmbH, Austria and Al-Rajhi Investment Group (ARIG) have signed an agreement to establish a joint company in Jubail Industrial
CAIRO, 20 November 2007 — The Arab Business Council of the World Economic Forum (ABC) concluded its fourth annual two-day meeting here yesterday in which business and political leaders discussed the
JEDDAH, 20 November 2007 — The General Authority of Civil Aviation (GACA) launched the first phase of the new King Abdul Aziz International Airport (KAIA) Development Project in a conference on Sunday
JEDDAH, 20 November 2007 — Assaudia Real Estate Development, a wholly owned subsidiary of the Omar K. Al-Esayi Group (OKAG), has appointed AlKhabeer Financial Consultants to provide financial advisory