Royal News

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Date	Title
2008-07-12	Saudi markets end low Saudi shares has made more losses last week, shedding 4.96% and closing at 8,998.28 points from 9,467.68 points in the previous week, Arab News has reported. The loss is...
2008-07-12	Fitch rates SABB's debut Saudi Riyal FRNs 'A' Fitch Ratings has today assigned Saudi British Bank (SABB) a Long term local currency Issuer Default rating (IDR) of 'A', and its debut Saudi Riyal-denominated floating-...
2008-07-12	King Abdallah Receives Prince Ismail bin Abdallah Custodian of the Two Holy Mosques King Abdallah bin Abd al-Aziz received on Friday evening at his residence in Casablanca, Prince Ismail bin Abdallah bin Muhammad V....
2008-07-12	Madrid Conference on Wednesday Saudi Arabia hopes to showcase a new more liberal face of its austere version of Sunni Islam at an unprecedented forum that will bring together Muslim, Christian and Jewi...
2008-07-11	Death of Princess Hussa bint Abd al-Aziz Prince Sattam bin Abd al-Aziz led prayers for the dead at Imam Turki bin Abdallah mosque in Riyadh for Princess Hussa bint Abd al-Aziz bin Abdallah, who died after an ill...
2008-07-10	Tadawul suffers 4% market decline Saudi Arabia's Tadawul fell 3% today, and 4.1% across its trading week, as fears of a regional war with Iran intensified. Only the Dubai Financial Market and Abu Dhabi S...
2008-07-10	Fitch upgrades Saudi Arabia Fitch Ratings has upgraded Saudi Arabia's long-term local and foreign currency Issuer Default ratings (IDRs) to 'AA-' (AA minus) from 'A+'. The Outlooks are revised to S...
2008-07-09	Prince Abdallah bin Mit'ab to Lead Olympic Team The Saudi Arabia National Olympic Committee is to send five national teams that met qualifying standards to the 2008 Beijing Olympics from Aug. 8 to 24, culminating the f...
2008-07-09	UBS wins Saudi licence UBS has won a licence to open an investment banking branch in Saudi Arabia, reported Reuters. The Saudi operation, called UBS Saudi Arabia, will enable the bank to exten...
2008-07-09	Alamari posts 42% profit in Q2 Saudi Arabia's Almarai Co, the largest dairy company in the Gulf, posted a 42.3% rise in second-quarter net profit, reported Reuters. The company made a net profit of 23...