Royal News

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Date	Title
2007-12-10	Binladen seeks $500m Ijara The Saudi Binladen Group is in the process of setting up a five year Ijara lease agreement worth $500m to help pay for the construction of its $6bn Abraj Al Bayt project...
2007-12-10	Zamil sets up pipes plant Saudi Arabia's Zamil Group has signed a deal with Canada's Brandt Engineered Products for the development of a new seamless pipes processing facility in Dammam's 2nd Ind...
2007-12-10	Moody's assigns A1 / positive rating to Saudi Electricity Company (AME Info) Moody's Investors Service has assigned long term local and foreign currency issuer ratings of A1 to Saudi Electricity Company (SEC), the dominant vertically integrated ut...
2007-12-10	Saudi inflation hits ten year high Saudi Arabia's inflation rate has reached a ten year high due in part to escalating rental and food costs, reported Reuters citing the Central Department of Statistics. ...
2007-12-10	Prince Mish'al Named Allegiance Commission Chairman Prince Mish'al bin Abd al-Aziz, former deputy defense minister and Makkah governor, has been appointed chairman of the 35-member Allegiance Commission set up by Custodian...
2007-12-10	Allegiance Commission Members Take Oath The members of the Allegiance Commission met at a reception in al-Yamamah Palace on Sunday night, where the Royal Decree was read and an oath was taken....
2007-12-10	King Abdallah Calls For Performing Istiska Prayers The Custodian of the Two Holy Mosques King Abdallah bin Abd al-Aziz has called for performing Istiska (rain-seeking) prayers throughout the Kingdom of Saudi Arabia on Thu...
2007-12-10	Interview with Prince Mish'al Prince Mish'al bin Abd al-Aziz speaks with al-Riyadh newspaper on the occasion of his appointment to the position of Chairman of the Allegiance Commission....
2007-12-09	Saudi Prince Slashes Offer to Buy Rupali Bank The Saudi prince who agreed to buy Rupali Bank has slashed more than US $270 millon off the amount he is willing to pay for the state-owned enterprise, claiming he was mi...
2007-12-09	Prince Abdallah bin Mit'ab Second in World Cup Qualifying Event Prince Abdallah bin Mit'ab bin Abdallah ranked second in Grand Prix Competition at the end of Kuwait's Crown Prince Championship for Equestrian Hurdles Jumping concluded ...