Royal News

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Date	Title
2007-08-15	SABIC worries on bond Saudi Basic Industries Corp. (SABIC) announced it plans to cut a bond sale by almost half to $1.5bn on concern that global credit fears have hurt investor's appetite, ac...
2007-08-15	GGI $21m share float Gulf General Insurance Company (GGI) has announced that it plans to float eight million shares worth $21.3m, an amount representing 40% of its share capital, Khaleej Tim...
2007-08-16	Tadawul posts small drop Saudi Arabia's Tadawul followed other stock markets and closed down today. It finished the day at 7,900.88, a slight drop of 28.81 points. Malath Insurance saw the bigg...
2007-08-16	King Abdallah washes the Ka'bah King Abdallah bin Abd al-Aziz, the Custodian of the Two Holy Mosques, led the ceremony of the Ka'bah washing at the Grand Mosque in Makkah on Tuesday night. The ceremony ...
2007-08-16	King orders compensation for camel deaths King Abdallah bin Abd al-Aziz has ordered the payment of compensations to the herdsmen whose camels died recently showing symptoms of consuming toxic substances, the Saud...
2007-08-16	Prince Saud al-Faysal in New York Prince Saud bin Faysal bin Abd al-Aziz, Minister of Foreign Affairs met with Secretary-General of the United Nations Ban Ki-moon, during his current visit to New York. Du...
2007-08-17	Takaful Ikhlas expands ops to Saudi Arabia Takaful Ihklas Sdn Bhd, a wholly-owned subsidiary of MNRB Holdings Bhd, has submitted an application to Bank Negara Malaysia and Permodalan Nasional Bhd (PNB) to expand ...
2007-08-18	King Abdallah orders aid to flood-hit African states King Abdallah bin Abd al-Aziz ordered the immediate payment of $40 mn in aid to Sudan and Mauritania, which have suffered heavy losses following heavy rains and floods. T...
2007-08-18	Hundreds of Saudi camels die from mystery ailment Hundreds of camels have died in Saudi Arabia this week from a mystery ailment. The Agriculture Ministry has said 232 camels died in the space of four days in the Dawasir ...
2007-08-18	Saudi inflation at 2.8% Saudi Arabia's Al Rajhi Bank and Investment Corporation has said inflation in the kingdom should rise to 2.8% this year, up from 2.2% last year, reported Arab News. Offi...