Saudi Arabia has approved a number of steps that could ease the participation of major international companies in the kindgom's key projects, the official Saudi Press Agency has said.
The measures announced by the Cabinet yest
Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, reported a 16.8 percent increase in second-quarter net profit on Monday, citing higher income from investments.
Saudi Arabia-based Kingdom Holding Company (KHC) is set to invest about $400 million in the Rizvi Opportunistic Equity Fund III.
The fund is specialised in pre-IPO opportunities in well-known and well-managed c
The Kingdom Hospital Centre for Assisted Reproductive Technology was recently inaugurated by Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC), chairman and founder of Kingdom Hospitals (KH).
Used tyres worth SR6.4 billion ($1.7 billion) were imported into Saudi Arabia in 2012 despite a ministerial decision banning import of such tyres, reports said.
Such tyres are used for small cars, trucks, buses, agro machinery and
Saudi Arabia's Kingdom Holding , the investment firm of billionaire Prince Alwaleed bin Talal, posted a 10.3 percent increase in fourth-quarter net profit on Tuesday, mainly due to a rise in the value of its investments.
About 40 per cent of small construction firms in Saudi Arabia have been closed following the crackdown on illegal expatriate workers in the kingdom, a report said.
Thousands of expatriate workers have not been able to rectify their stat