Click on icons for more stories

 

Wednesday 7 June 2006 (10 Jumada al-Ula 1427)

Inmaa Bank to Sell 70% Stake

JEDDAH, 7 June 2006 — Seventy percent of shares of the newly formed Inmaa Bank that has a capital of SR15 billion will be available for Saudi citizens to purchase by the last quarter of this year,... Full Story


Market Cap of KSE Reaches KD38.22bn in May

JEDDAH, 7 June 2006 — The market capitalization of the Kuwait Stock Exchange reached KD38.22 billion in May, down 1.95 percent compared to the previous month. Kuwait Stock Exchange Price Index once... Full Story


Pizza Inn Plans Expansion

RIYADH, 7 June 2006 — Pizza Inn has announced a major ambitious expansion plan across the six Gulf countries, targeting to open 15 new outlets in Saudi Arabia alone during the next six months at an... Full Story




M.M. United Elects New Board

JEDDAH, 7 June 2006 — Prince Mishaal Ibn Abdullah has been elected as the chairman of the next board of directors of the M.M. United Co., according to a company statement received here on Monday. The... Full Story


Iran Wants to Promote Tourism

JEDDAH, 7 June 2006 — An Iranian tourism delegation held a roundtable meeting with their Saudi counterparts yesterday at the Jeddah Chamber of Commerce and Industry to promote tourism and investment... Full Story


SWCC to Be Privatized by Year-End

JEDDAH, 7 June 2006 — Saline Water Conversion Corporation (SWCC), which manages more than 30 desalination plants on the Red Sea and Arabian Gulf coasts, will be privatized by the end of this year,... Full Story


Shariah Compliant Car Leasing Plan Unveiled

JEDDAH, 7 June 2006 — The National Commercial Bank (NCB) yesterday unveiled its car leasing plan, which claims to offer the most competitive terms. “We’re the first bank to announce and implement... Full Story


- Business
- Home