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Russia offers to sell gas to Saudi Arabia from Yamal LNG

President Vladimir Putin said on Friday that Russia was ready to sell gas to Saudi Arabia after he launched the first loading of liquefied natural gas (LNG) at the Novatek-led Yamal LNG project in the Arctic.

Russia is the world’s biggest gas producer, but most of its exports are via pipeline rather than LNG, a super-cooled fuel"...

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Riyadh Metro to begin accepting bids for station naming rights this month
December 11, 2017

The $23 billion (Dh84.5 billion) Riyadh Metro will begin accepting bids for private companies to acquire naming rights on December 17, with the process ending on January 25, 2018.

Companies must have a minimum trading history of three years in Saudi Arabia and the Gulf Cooperation Council (GCC), according to an advert placed in Gulf"...

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Foreigners turn net buyers of Saudi stocks as shock of graft purge fades
December 11, 2017

Foreign investors turned net buyers of Saudi Arabian shares in the last week, suggesting concern about the impact of a sweeping crackdown on corruption has faded, exchange data showed on Sunday.

Foreigners were net sellers of Saudi stocks for four straight weeks after authorities launched the purge in early November, detaining dozens"...

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Cinemas could return to Saudi Arabia as early as April 2018
December 11, 2017

Saudi Arabia could see the return of commercial cinemas as early as April according to several sources at Dubai International Film Festival (DIFF), where some companies are already pitching themselves as potential film distributors for the Kingdom.

Riyadh and Jeddah, the country’s two largest cities, are both expecting to see"...

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UPDATE 1-Saudi Arabia to supply full Jan crude volumes to an Asian refiner -source
December 11, 2017

Saudi Arabia, the world’s top oil exporter, will supply full contractual volumes of crude to a North Asian refiner in January, unchanged from the previous month, a source with direct knowledge of the matter said on Monday.

The country supplied full contractual volumes of crude to at least three North Asian refiners for December"...

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Riyadh Metro to begin accepting bids for station naming rights this month
December 11, 2017

The $23 billion (Dh84.5 billion) Riyadh Metro will begin accepting bids for private companies to acquire naming rights on December 17, with the process ending on January 25, 2018.

Companies must have a minimum trading history of three years in Saudi Arabia and the Gulf Cooperation Council (GCC), according to an advert placed in Gulf"...

Continue Reading

Foreigners turn net buyers of Saudi stocks as shock of graft purge fades
December 11, 2017

Foreign investors turned net buyers of Saudi Arabian shares in the last week, suggesting concern about the impact of a sweeping crackdown on corruption has faded, exchange data showed on Sunday.

Foreigners were net sellers of Saudi stocks for four straight weeks after authorities launched the purge in early November, detaining dozens"...

Continue Reading