Wednesday 22 October 2014
 
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Saudi developer to invest in stocks

Jazan Development Company (Jazadco), a leading Saudi company specialising in agricultural activity, said it has won approval from the company's board, to invest SR20 million ($5.3 million) in Tadawul-listed shares. Jazadco sai

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Saudi developer to invest in stocks

Jazan Development Company (Jazadco), a leading Saudi company specialising in agricultural activity, said it has won approval from the company's board, to invest SR20 million ($5.3 million) in Tadawul-listed shares. Jazadco sai

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Saudi expo to draw construction industry giants

Leading construction heavyweights from across the world will be in Riyadh, Saudi Arabia, to showcase their cutting-edge technologies and network among industry peers at the Saudi Build 2014. To be held at the Riyadh International

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Saudi-Kuwait oilfield halt hits Asia crude supplies

Crude production from the Khafji oilfield, jointly run by Saudi Arabia and Kuwait, has been halted temporarily to comply with environmental rules, according to an industry source familiar with Saudi policy and an internal letter seen by Re

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Saudi August oil exports fall to lowest in three years

Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years, official data showed, as the top oil exporter fights for market share amid weak demand and ample supplies from rival producers.

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Saudis pump $879m into Dubai real estate

Saudis have emerged the second biggest investors in Dubai's property sector among the GCC states pumping Dh3.3 billion ($879 million) into the emirate's real estate during the first half, said an expert. The UAE nationals

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MMG's recovery plan gets board approval

Saudi contractor Mohammad Al Mojil Group's (MMG) board had approved a recovery plan that uses most of its existing capital base to pay off debts and new cash raised through a share issue, it said on Sunday. The firm, which got

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Saudi oil pipeline briefly set alight after shots fired at patrol

A "limited fire" broke out on a subsidiary oil pipeline in eastern Saudi Arabia after assailants fired shots at a security patrol, the state news agency SPA said.   An industry source told

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Era of blacklists over, says Saudi credit chief

Factual credit information leads the way in assessing consumers’ creditworthiness which will effectively see the end of blacklists, said a top official of Saudi Credit Bureau (Simah). A recent study on payment behaviour cond

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Elaf to open up new opportunities for Saudi tourism

The Elaf Group of Companies is looking to increase awareness of Saudi Arabia’s potential as a premier tourist destination at a top forum in Casablanca, Morocco. The company will take part in the Arab International Forum, to

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