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US shale 'forces adjustment in Saudi oil prices'(John Kemp is a Reuters market analyst. The views expressed are his own) More than half of Saudi Arabia's crude exports head to refineries in China and the rest of Asia. Not a single barrel of U.S. shale oi More… |
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Saudi IPO subscriptions plunge 53pc in Q1The subscriptions to initial public offerings (IPOs) in the Saudi stock market plunged 53 per cent in the first six months to SR1.2 billion ($319 million) from SR2.5 billion during the same period last year, said More… |
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Deadly new virus a 'serious risk' in hospitalsThe new Middle East coronavirus that has killed 38 people after emerging late last year is a serious risk in hospitals because it is easily transmitted in healthcare environments, infectious disease experts said. In a study publis More… |
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KKR among bidders for Saudi fast food chainA majority stake in Saudi fast food chain Kudu has been put up for sale and private equity firm KKR is among the bidders, four banking and industry sources said on Wednesday. Riyadh-based Kudu, which operates more than 200 restaur More… |
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Sipchem picks HSBC as adviser for Sahara mergerSaudi International Petrochemical Co (Sipchem) has picked HSBC Holdings to advise on the firm's proposed merger with Sahara Petrochemical , three banking sources said. Mergers between two listed Saudi entities are rare: consol More… |
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Investcorp buys stake in Saudi energy firmBahrain-based Investcorp has bought a 38 per cent stake in a Saudi oil and gas services company and expects to complete up to three more deals via its $1 billion Gulf fund in 2013, an executive at the firm said. Investcorp is buyi More… |
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Investcorp buys stake in Saudi energy firmBahrain-based Investcorp has bought a 38 per cent stake in a Saudi oil and gas services company and expects to complete up to three more deals via its $1 billion Gulf fund in 2013, an executive at the firm said. Investcorp is buyi More… |
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SARS-like virus kills four more in SaudiFour more people have died and three more have fallen ill in Saudi Arabia from the new SARS-like coronavirus MERS-CoV, the Saudi Health Ministry said on Monday. The ministr More… |
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Drake & Scull mulls dual listing in SaudiDubai contractor Drake and Scull may consider an additional listing of its shares on Saudi Arabia's Taduwal bourse though the firm does not have any imminent plans for it, its chief executive said on Monday. Tadawul is the lar More… |
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Saudi non oil exports hit $4.74bn in AprilSaudi Arabia's non-oil exports surged about 3.3 per cent in April to hit SR17.8 billion ($4.74 billion) when compared to SR17.2 billion last year, showed official data from the world's largest oil exporte More… |
