Tuesday 24 January 2017
 
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Saudi

Salini completes Riyadh metro excavation work

Salini Impregilo, an Italian specialist in the construction and civil engineering business, said it has completed the tunnel excavation work along Line 3 of Riyadh Metro project. Also known as the Orange Line, it is the longest li

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Alkhabeer Capital launches Saudi real estate fund

Alkhabeer Capital, an asset manager specialised in alternative investments, has launched its Saudi Real Estate Income Fund I, a close-ended private fund that will invest in income-generating residential properties across the kingdom.

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Alkhabeer Capital launches Saudi real estate fund

Alkhabeer Capital, an asset manager specialised in alternative investments, has launched its Saudi Real Estate Income Fund I, a close-ended private fund that will invest in income-generating residential properties across the kingdom.

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Saudi non-oil exports, imports down in Nov

The value of Saudi Arabia's non-oil exports decreased in November 2016 by 9.1 per cent to SR14.397 billion, compared to SR15.842 billion in November 2015. The value decreased in comparison to October 2016 by 3.9 per cent or ab

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Saudi non-oil exports, imports down in Nov

The value of Saudi Arabia's non-oil exports decreased in November 2016 by 9.1 per cent to SR14.397 billion, compared to SR15.842 billion in November 2015. The value decreased in comparison to October 2016 by 3.9 per cent or ab

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Saudi retail giant Savola swings to Q4 net loss

Savola Group, one of Saudi Arabia’s leading retail and food holding companies, has reported a net loss of SR964 million ($257 million) in the fourth quarter of 2016 compared to a net income of SR515 million ($137 million) for the same peri

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Saudi retail giant Savola swings to Q4 net loss

Savola Group, one of Saudi Arabia’s leading retail and food holding companies, has reported a net loss of SR964 million ($257 million) in the fourth quarter of 2016 compared to a net income of SR515 million ($137 million) for the same peri

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KAEC to handover key residential plots

King Abdullah Economic City (KAEC), a special economic zone on Saudi Arabia's Red Sea coast, will start handing over the single family residential land plots in Phase Three of the Al Talah Gardens district following completion of the infrast

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Saudi growth to decline this year: IMF report

Saudi Arabia is expected to see a decline in growth to 0.4 per cent in 2017, compared with a growth of 1.4 per cent in 2016, an IMF report said. The kingdom is expected to grow at 2.3 per cent in 2018. The Middle East, North Afric

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Saudi developer Cayan surges ahead with $1.46bn projects

Cayan Group, a leading Saudi-based property developer and real estate investment group, said it has achieved remarkable success in 2016 with the launch of SR5.5 billion ($1.46 billion) projects across the Middle East region. Cayan

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