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Update At 14:00    USD/EUR 0,94  ↓-0.0004        USD/JPY 154,29  ↓-0.027        USD/KRW 1.373,86  ↓-4.56        EUR/JPY 164,75  ↑+0.092        Crude Oil 87,46  ↑+0.17        Asia Dow 3.661,24  ↓-16.69        TSE 1.814,00  ↑+0.5        Japan: Nikkei 225 38.101,32  ↑+139.52        S. Korea: KOSPI 2.631,07  ↑+46.89        China: Shanghai Composite 3.088,33  ↑+16.9446        Hong Kong: Hang Seng 16.469,29  ↑+217.45        Singapore: Straits Times 3,22  ↑+0.038        DJIA 22,20  ↓-0.04        Nasdaq Composite 15.683,37  ↓-181.879        S&P 500 5.022,21  ↓-29.2        Russell 2000 1.947,95  ↓-19.5288        Stoxx Euro 50 4.914,13  ↓-2.86        Stoxx Europe 600 498,52  ↑+0.31        Germany: DAX 17.770,02  ↑+3.79        UK: FTSE 100 7.847,99  ↑+27.63        Spain: IBEX 35 10.633,90  ↑+107        France: CAC 40 7.981,51  ↑+48.9        

TAG: SAUDI ARABIA

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Medical December 07, 2016

Medical city at the forefront of Saudi healthcare revolution

Commissioned in 2004, King Fahad Medical City (KFMC) has evolved into one of the most advanced tertiary healthcare facilities in the Middle East. As Saudi Vision 2030 focuses on introducing competition...
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interview
Others December 05, 2016

Innovative solutions for scarce resources

As a 65-year-old diversified family company that has grown in tandem with the Saudi Arabia, Abunayyan Holding is now firmly established as one of the kingdom’s leading players in water, power,...
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Others November 28, 2016

A partner in the transformation of Saudi Arabia

Having been present in Saudi Arabia for more than 80 years, General Electric announced investments in the kingdom totaling more than $3 billion in 2016. Hisham Al Bahkali, President and CEO of GE in...
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Others November 21, 2016

Saudi Arabia vows to end “oil addiction” through Vision 2030

Bold plan for economic diversification aims to increase the private sector’s contribution to GDP from 40% to 65% whilst creating new non-oil growth engines.  
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Manufacturing May 17, 2016

Saudi Exports pushes economic diversity

Part of the national drive for economic diversification and raising awareness that there’s more to the industrious kingdom’s than just oil, the Saudi Export Development Authority (Saudi...
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Tourism & Culture April 20, 2016

Spiritual hospitality enhanced by a uniquely Saudi touch

Dur Hospitality is ahead of its schedule to invest $400 million in 20 new hotels in Saudi Arabia. Formerly Saudi Hotels & Resorts Co (Sharaco), the company rebranded in 2014 and refocused its efforts...
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Digital Transformation April 12, 2016

Mobily intensifies commitment to kingdom

High spending, tech savvy Saudis have a voracious appetite for mobile data and are currently the highest data consumers in the world. CEO of mobile operator Mobily Ahmad Farroukh provides an overview...
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Others April 05, 2016

Investment opportunities abound in transformed kingdom

Saudi Arabia is shifting from its government-led economic and social model to a more market-based approach, unlocking the potential of a kingdom where 70% of the population is aged below 30. HRH Prince...
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Others April 05, 2016

Media powerhouse in Saudi Arabia leads the digital conversation in the Kingdom

Okaz is one of the leading local media organizations in Saudi Arabia, and is adding digital ventures to the three print publications under its umbrella: the best selling Okaz newspaper, the...
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Construction March 21, 2016

New metro set to transform life in the capital

Described by officials as the largest public transport system currently under development in the world, the $23 billion Riyadh Metro project is on track to be completed by the end of 2018, earlier than...
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Construction March 19, 2016

World’s largest public transit system takes shape

A potent symbol of the modernization and economic vitality of Riyadh is rolling out. Part of the Riyadh Public Transport Project (RPTP) and on track to be delivered in just five years, the $23-billion...
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Manufacturing March 02, 2016

Added value in the pipeline at APC

Demand is strong for high quality steel pipes in the Middle East: according to Deloitte’s 2015 Powers of Construction report, Saudi Arabia remains the GCC’s biggest construction market,...
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Energy February 29, 2016

GCC number one now eyes new markets

Ibrahim H Ababtain, Chairman of Al-Babtain Power & Telecommunication Company, explains what makes the company the region’s leader in outdoor lighting, transmission & distribution, telecommunications,...