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Investment News in Saudi Arabia

Saudi private sector must employ 4.1m citizens by 2030
8/4/2016 - Saudi Arabia’s Vision 2030 seeks to employ millions of Saudi nationals in an expanding private sector. Research by Oxford Strategic Consulting (Oxford) found that to accomplish this goal, the private ...
Saudi falls sharply on Brexit
6/26/2016 - Saudi Arabia's stock market fell sharply at the opening in response to Britain's decision to leave the European Union, but blue chips held up relatively well and the biggest losses were in smaller spe...
Saudi Food Company plans $38-Mln Expansion in Egypt
12/17/2015 - Saudi listed Abdullah Al-Othaim Markets Company said it has approved a SAR 144-million (approximately $38.4 million) initial plan for expansion in Egypt, opening new foodstuff retail and wholesale sto...
Crown Prince Congratulates President of Myanmar
1/4/2015 - ?Crown Prince Salman bin Abdulaziz, Deputy Premier and Minister of Defense, has sent a cable of congratulations to President Thein Sein of the Republic of the Union of Myanmar on the anniversary of hi...
Saudi Arabia,Egypt Sign Three Agreements
11/2/2014 - The Saudi Fund for Development and Egypt have signed three agreements worth $300 million in presence of Egyptian Prime Minister Eng. Ibrahim Mahlab.

The first and second agreements aim to f...
SCECO Signs SR 49.4 billion Loan
6/19/2014 - SCECO announced that a SR 49.4 billion loan has been signed with ministry of finance.

The loan will be paid within 5 years in 20 quarterly installments and will be repaid in 10 years. The f...
New Water and Sewage Contracts worth more than SR 621 million
4/3/2014 - Minister of Water & Electricity signed 29 contracts for water and sewage projects worth more than SR 621 million. The new project are located in Tabuk, Aseer, Hayel, Makkah, Baha, Northern Borders, J...
Egyptian-Saudi Businessmen Association to launch
12/28/2013 - Ministers of Investment, Industry and Foreign Trade, Housing and International Cooperation will attend the Sunday launching ceremony of the Egyptian-Saudi Businessmen Association, along with Saudi Ara...
Egypt, Saudi Arabia Sign Power Linkage Agreement
11/24/2013 - Egypt and Saudi Arabia will sign power linkage agreements in December in Cairo with the attendance of Saudi Electricity Minister Abdallah Al Haseen.

The linkage will enable Egypt and Saudi ...
Industrial Development Fund Issued 3566 Loans to 2545 Projects
9/19/2013 - The Saudi Industrial Development Fund issued 3566 loans in total for 2545 projects all over the country since its foundation. 27% of the loans have been allocated to joint venture industrial projects....

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