Royal News

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Date	Title
2008-08-04	Fitch affirms Saudi British Bank at 'A'/'F1'; Outlook stable (AME Info) Fitch Ratings has today affirmed Saudi British Bank's (SABB) ratings at Long-term Issuer Default (IDR) 'A', Short-term IDR 'F1', Individual 'B' and Support '1'....
2008-08-04	Saudi inflation soars to 10.6% Due to increases in food and housing costs, Saudi Arabia's inflation rose to a 30-year high of 10.6% in June compared to 10.4% in May, Arab News has reported. The cost o...
2008-08-04	Saudi banks well placed to benefit from robust domestic economy The credit outlook for the Saudi banking system is positive, reflecting the banks' good positioning and ability to benefit from the country's robust economic performance...
2008-08-04	King Faysal Exhibition Opens in Asir The exhibit entitled "King Faysal - Witness and Martyr" opened in Asir yesterday evening at the Abha Palace Hotel, inaugurated by Prince Faysal bin Khalid bin Abd al-Aziz...
2008-08-03	Saudis prepare for post-petroleum era Yellow dust clouds swirled as tractors moved back and forth, leveling a huge, barren piece of land dotted by billboards that announced the city that will rise here. Over...
2008-08-03	Saudi non-oil exports top SR10bn in May Saudi Arabia's non-petroleum exports during the month of May showed a hike of 19% compared to the same month last year. These exports were valued at SR10.278m compared t...
2008-08-02	Fitch affirms SABIC at 'A+'; Sabic Europe at 'A' Fitch Ratings today affirmed Saudi Basic Industries Corporation's ratings (SABIC) at Long-term Issuer Default (IDR) 'A+' and at Short-term IDR 'F1'. ...
2008-08-02	Tasi resumes downward trend Saudi stocks' downward trend has resumed in the past week plunging by 3.75%, closing at 8,740.74 points from 9,080.87 points in the previous week, Arab News has reported...
2008-08-02	Makkah Governor Washes Holy Ka'aba On behalf of the Custodian of the Two Holy Mosques, King Abdallah bin Abd al-Aziz, Prince Khalid bin Faysal bin Abd al-Aziz, Amir of Makkah Region washed today the Holy K...
2008-08-02	Women can issue Fatwas, be Muftis, says senior Shaykh A senior member of the Board of Senior Ulemas has said women are allowed to join the board in order to break the monopoly held by men. Sheikh Abdullah Al-Manea said wome...