Wednesday 4 May 2016
 
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Saudi Arabia

Saudi's Tadawul to select IPO advisers soon

The banks to advise the Saudi Stock Exchange on its initial public offering (IPO) will be selected in the coming days, the bourse's CEO said on Tuesday, suggesting that it could opt for both local and international banks to provide broader e

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Saudi eyes new quotas, incentives to cut unemployment

Saudi Arabia's government plans a new set of labour quotas and incentives to reduce unemployment as it tries to wean its economy off oil exports, Labour Minister Mufrej Al-Haqbani said. The changes are part of a wider reform p

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Strong fundamentals drive Saudi retail market

The sheer size of the Saudi Arabia market driven by a growing, young population with a high disposable income represent good long-term potential for brands entering the market, said an industry expert. “The Saudi retail mark

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Saudi to ease foreign ownership limits for stocks

Saudi Arabia will loosen restrictions on foreign ownership in its stock market in order to improve the investment environment, the Capital Market Authority said on Tuesday. Each investor under Saudi Arabia's Qualified Foreign

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UAE, Saudi show weakest non-oil growth in 3 months

The non-oil private sector in the United Arab Emirates and Saudi Arabia lost some growth momentum in April, with business conditions improving at the weakest pace in three months, a report said. UAE

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Public-private partnership 'key to Saudi vision'

Creating a successful partnership between private sector investors and the government will be the critical factor in shaping Saudi Arabia’s development over the coming five years, according to a new research report. Under th

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Public-private partnership 'key to Saudi vision'

Creating a successful partnership between private sector investors and the government will be the critical factor in shaping Saudi Arabia’s development over the coming five years, according to a new research report. Under th

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Saudi to provide housing to 100,000 low-income families

Saudi Arabia's government will provide housing for 100,000 low-income families over the next year as part of a reform programme designed to strengthen the economy and reduce its dependence on oil, the Housing Ministry said on Sunday.

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MoneyGram offers flat rate for Philippines transfers

MoneyGram, a global transfer and payment services company, has introduced a flat fee for money transfers from Saudi Arabia to the Philippines. The flat fee of just SR15 ($4) is regardless of the amount being sent and the promotion

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Saudi Arabia 'to become most active IPO market'

Saudi Arabia will become the region’s most active market for IPOs (initial public offerings) and private equity investment if government plans to boost the economy are successful, according to experts set to speak at Euromoney Saudi Arabia

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