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Tue, 02 Dec 2008 | 06:42 GMT
 
Top Saudi Arabia News

  • Gulf Stocks Mixed Amid Quiet Trading


    Stock markets in the Gulf states closed mixed on Monday amid quiet trading as investors digested two months of heavy losses in the wake of the global financial turmoil. AFP - 01Dec 13:42GMT
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  • Barclays Wealth: Improvement In MENA Environment For Entrepreneurs


    A new report published by Barclays Wealth and the Economist Intelligence Unit (EIU), entitled "The Entrepreneur in Adversity", reveals that the MENA region has seen the largest improvement in the environment for entrepreneurship over the past decade. Press Release - 01Dec 11:05GMT
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  • Measures in place to meet emergencies on Jamrat


    Arrangements for emergency operations are in place on all floors of the Jamrat Bridge, including the newly constructed third floor, according to Commander of Special Emergency Forces for the Jamrat Bridge, Col. Khaled Al-Mahmadi. Arab News - 01Dec 06:21GMT
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  • Investment in olive sought in Saudi Arabia


    Al-Jouf Gov. Prince Fahd bin Badr opened the second Olive Festival in Sakaka city on Saturday. The event was marked by the launch of an olive investment company. Arab News - 01Dec 06:13GMT
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  • Saudi Arabia, Albania boost bilateral ties


    Saudi Arabia and Albania have set out a new vision of bilateral relations with a focus on how to boost political, commercial and cultural links, said Albanian Ambassador to the Kingdom Admirim Banaj. Arab News - 01Dec 06:12GMT
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  • T'azur plans operation from next month


    T'azur Company will start offering products and services from mid-January, a senior official at the company announced. Arab News - 01Dec 06:12GMT
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  • Al-Assaf, Ewa focus on financial crisis


    The current global financial crisis and its impact figured in the discussion between Saudi Finance Minister Ibrahim Al-Assaf and Swedish Trade Minister Dr. Ewa Bjorling. Arab News - 01Dec 06:08GMT
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  • Isuzu eyes Saudi market for trucks


    Isuzu plans to have a larger share of trucks market in Saudi Arabia and the Middle East in the coming year, Shintaro Mochizuki, president, Isuzu Operations (Thailand) Co. Ltd., has said. Arab News - 01Dec 06:07GMT
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  • Car dealers in Saudi Arabia deny 40% price drop


    The National Committee for Car Agents (NCCA) denied Sunday report that car prices will drop by 40 percent in the next two months because of the global financial crisis. The Saudi Gazette - 01Dec 06:04GMT
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  • Regional travel within ME rises


    While travel has become more localised within the Middle East, there is also a shift away from business class flying, as travellers respond to fears of a recession, according to YouGovSiraj's survey - Travel Tracker. Emirates Business 24/7 - 01Dec 05:50GMT
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Fit for a King

Established by the Kingdom Holding Company in 1995, Kingdom City is a residential compound consisting of 333 units that accommodate 80,000 residents and 250,000 visitors. Kingdom City also offers heath, sports and recreational facilities.
 

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 Aramco To Freeze Dammam Field Project
 
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Sources confirm Saudi ARAMCO's intention to put on hold plans for Al Dammam field - 01Dec
 

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Al Rajhi Bank
Banque Audi - Nov 2008

Banque Audi issues a BUY recommendation on Al Rajhi Bank with a target price of SAR 78.8, representing a 45.9% upside potential to the current market price of SAR 54. The bank is expected to achieve FY08 net profit of SAR 6.968 billion, compared to SAR 6.451 billion for FY07. The stock is currently trading at a PE of 11.61x.

 
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Companies in Saudi Arabia

Most viewed companies by Community in the last 24 hrs
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Saudi Binladin Group Saudi Arabia Construction and Design
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Al Marai Company Saudi Arabia Food
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KNPC - Al Zour Refinery Kuwait Oil and Gas
Qatalum Aluminum Smelter Qatar Industry
Abu Dhabi Municipality - Salam Street and Mina Road Development UAE Infrastructure
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Ras Tanura Integrated Refinery and Petrochemicals Complex Saudi Arabia Oil and Gas
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Zawya Select
ZawyaSelect
Economy & Politics
Peace Initiative
Why is the Arab peace plan, which was still-o in 2002, receiving sudden attention these days?
 

 
Economy & Politics
$1tr Economic Bloc
GCC economies surged by about $90 billion in 2007 and are projected to gain $277bn this year to hit $1 trillion.
 

 
Financial Services
Revenues Lost
Plummeting equity markets, log-jammed credit business and real estate correction are combining to undermine banking fees.
 
Company Ranking
Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Market
Capital
($mil)
1 Saudi Basic Industries Corporation Saudi Arabia 41,656
2 Saudi Telecom Saudi Arabia 25,688
3 Al Rajhi Bank Saudi Arabia 23,732
4 Samba Financial Group Saudi Arabia 12,076
5 Saudi Electricity Company Saudi Arabia 10,124
» View Full List
 
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