Tuesday 20 February 2018
 
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Al Rajhi

Global oil usage ‘likely to top 100 mbpd in 2018’

Average global consumption was 93.6 million barrels per day (b/d) in 2014, and is likely to increase to 100.1 million b/d in 2018 and 101.8 million b/d in 2019, said a report. The optimal level of inventories to meet surge in dema

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Saudi Al Rajhi REIT fund raises $197m in IPO

Al Rajhi Capital, one of the leading providers of financial services in Saudi Arabia, said it had successfully closed the initial public offering (IPO) of its REIT (real estate investment trust) fund raising SR740 million ($197.2 million).

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Unipods wins new bathroom pods order for Masdar City

Unipods, a leading off-site construction technology company specialising in bathroom and kitchen pods under the Al Rajhi Building Solutions Group, has been selected anew to manufacture and install 1,700 new bathroom pods for a residential comp

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Unipods wins new bathroom pods order for Masdar City

Unipods, a leading off-site construction technology company specialising in bathroom and kitchen pods under the Al Rajhi Building Solutions Group, has been selected anew to manufacture and install 1,700 new bathroom pods for a residential comp

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Al Rajhi unit seals Saudi shopping mall contract

Mabani Steel, a unit of leading Saudi business entity Al Rajhi Holding, has announced that it has been awarded a major contract to provide steel structure solutions for the Avenue Mall mega project in Jeddah. The company is a majo

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Al Rajhi unit seals Saudi shopping mall contract

Mabani Steel, a unit of leading Saudi business entity Al Rajhi Holding, has announced that it has been awarded a major contract to provide steel structure solutions for the Avenue Mall mega project in Jeddah. The company is a majo

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Al Rajhi unit seals Saudi shopping mall contract

Mabani Steel, a unit of leading Saudi business entity Al Rajhi Holding, has announced that it has been awarded a major contract to provide steel structure solutions for the Avenue Mall mega project in Jeddah. The company is a majo

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Saudi firms may see tepid Q4 earnings: Al Rajhi

Earnings for Saudi equities (except financials) is expected to be largely tepid in the final quarter (Q4) of 2017, said Al Rajhi Capital, a leading financial services provider in Saudi Arabia, in a new report.  Petrochemical

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Al Rajhi Capital plans $431m IPO for REIT

Al Rajhi Capital, one of the largest investment firms in Saudi Arabia, said its real estate investment trust (REIT) fund will be launching its initial public offering (IPO) from January 1 to 14. Al Rajhi REIT’s preliminary p

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Non-oil revenue to back Saudi Arabia budget for 2018

Revenue streams such as VAT, expat levy and taxes on energy/soft drinks/ tobacco, other fees and some asset sales will drive growth in Saudi Arabia’s non-oil revenue supporting the kingdom’s SR926 billion ($261 billion) for 2018, a r

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