Thursday 28 July 2016
 
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Saudi Arabia

Riyadh, Jeddah real estate slowdown continues

The real estate markets in the Saudi cities of Riyadh and Jeddah continue to maintain an overall slowdown in performance, according to a JLL report. JLL, a leading global real estate investment and advisory firm, today released it

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Global firms in race to manage Saudi projects

Several international companies have submitted bids for a consultancy contract to manage Saudi Arabia’s National Project Management Office, part of an effort to keep state spending under control, a report said. The companies

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Global firms in race to manage Saudi projects

Several international companies have submitted bids for a consultancy contract to manage Saudi Arabia’s National Project Management Office, part of an effort to keep state spending under control, a report said. The companies

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Saudi builder Al-Khodari slumps to Q2 net loss

Saudi Arabian construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said on Tuesday it swung to a net loss in the second quarter as earnings were pressured once again by a slowdown in the kingdom's building sector. The c

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Saudi Arabia's Tasnee swings to Q2 net profit

Saudi Arabia's National Industrialization Co (Tasnee) on Tuesday said it swung to a net profit in the second quarter, beating analysts' forecasts and ending a run of five straight losses. Tasnee made a net profit of SR103.

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Saudi Arabia's Tasnee swings to Q2 net profit

Saudi Arabia's National Industrialization Co (Tasnee) on Tuesday said it swung to a net profit in the second quarter, beating analysts' forecasts and ending a run of five straight losses. Tasnee made a net profit of SR103.

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Saudi food consumption to grow by 7.3pc

Food consumption in Saudi Arabia will grow by 7.3 per cent in 2016, outperforming other regional markets, according to recent industry reports. Saudi Arabia’s recent total food service sales was estimated at SR33.3 billion (

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Experts to discuss corrosion issues

Experts in the field of corrosion technology will discuss the latest innovations in anti-corrosion technologies at a major event in Saudi Arabia in November. Fleming's fifth Annual Corrosion Management 2016 conference, taking

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Experts to discuss corrosion issues

Experts in the field of corrosion technology will discuss the latest innovations in anti-corrosion technologies at a major event in Saudi Arabia in November. Fleming's fifth Annual Corrosion Management 2016 conference, taking

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Mobily launches new submarine cable

Etihad Etisalat (Mobily), a leading telecom service provider in Saudi Arabia, has announced the success of dropping a high-capacity submarine cable (Asia - Africa - Europe - I) in Jeddah. The 25,000 km cable will connect Far East

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