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Date Title
2008-09-18 Fitch affirms Bank Aljazira at 'A-'; outlook stable
Fitch Ratings has today affirmed Saudi Arabia-based Bank Aljazira's (BAJ) ratings at Long-term Issuer Default (IDR) 'A-' (A minus) with Stable Outlook, Short-term IDR 'F...
2008-09-18 Custodian of the Two Holy Mosques Performs Funeral Prayer for Princess Lulua
The Custodian of the Two Holy Mosques King Abdallah bin Abd al-Aziz performed funeral prayer for Princess Lulua bint Abd al-Aziz at the Holy Grand Mosque after Isha (Nig...
2008-09-17 DII buys stake in upcoming Saudi plant
Dubai Investments Industries, a wholly-owned subsidiary of Dubai Investments, has acquired a 10% stake in Saudi Arabia-based South Steel Company. Promoted by Pan Kingdom...
2008-09-17 Saudi's sea freight tonnage to rise 6.3%
Even though oil prices are set to ease over the next couple of years, Saudi Arabia's status as Opec Opec 's swing producer, together with capacity increases, positions sh...
2008-09-17 Saudi projects worth $460bn underway
Projects in excess of $460 billion (SAR1,725 billion) are currently underway in Saudi Arabia, placing the Kingdom on the verge of an unparalleled construction boom, says ...
2008-09-17 HSBC arranges $237m sukuk
HSBC Saudi Arabia was the sole lead manager and bookrunner for a $237m sukuk issued by the Saudi Binladin Group. The issue is SBG's debut issuance in the Saudi debt capi...
2008-09-16 KHC signs $800m deal with 3 banks
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company, has signed a SR3bn ($800m) deal with a consortium of three banks - Samba Financial Group, Riyad Bank and ...
2008-09-16 SABB seals SR1bn Sukuk for Saudi Binladin Group
The Saudi Binladin Group successfully completed the issuance of a privately placed SAR Sukuk of finance raising more than SR1bn from the capital markets in Saudi Arabia....
2008-09-16 King Arrives in Makkah
The Custodian of the Two Holy Mosques, King Abdallah bin Abd al-Aziz arrived in Makkah last night from Jiddah to spend the rest of the days of Ramadan in the vicinity of ...
2008-09-16 Crown Prince Visits Prophet's Mosque
Crown Prince Sultan bin Abd al-Aziz, Deputy Premier, Minister of Defense and Aviation and Inspector General, visited in Madina today the Prophet's Mosque where he perform...