• MODON: Opportunities in industrial cities promising


    Saleh Fareed
    Saudi Gazette

    JEDDAH – The Director General of the Saudi Industrial Property Authority (MODON) Engineer Saleh Bin Ibrahim Rasheed invited businessmen and investors to take advantage of the opportunity of ready-built model factories across the Kingdom.

    Addressing investors …

  • Bahrain key market for Saudi Arabian Airlines

    MANAMA – Bahrain is a high growth market for Saudi Arabian Airlines (Saudia) as air traffic between the two kingdoms continues to surge, the Saudi national carrier’s top official said.

    “Saudia operates daily flights to Bahrain, occupies 65 percent of …

  • Saudi non-oil sector’s rally ‘solid’

    JEDDAH – The Saudi Arabian non-oil producing private sector companies registered further solid improvement in overall business conditions, SABB/HSBC Saudi Arabia Purchasing Managers’ Index (PMI) for March 2013 released Wednesday showed.

    The seasonally adjusted headline PMI posted 58.9 in March, …

  • Kingdom’s investment pace seen to slow down

    JEDDAH – Saudi Arabia’s investment in development projects will continue but at slower pace in the coming years, Saudi American Bank group (SAMBA) said in its monthly bulletin.

    Capital spending this year will remain high as several projects which were …

  • Sedco Capital plans to increase Islamic funds

    JEDDAH – Jeddah-based investment firm Sedco Capital aims to expand its range of Islamic funds to more than 15 by year-end, a sign of improving financial market sentiment and changing investor attitudes in Saudi Arabia.

    The plan adds momentum to …

  • FMP, Zain Saudi launch plan for Samsung mobile holders

    JEDDAH – In a collaborative step, Future for Modern Products (FMP), the leading mobile phones distributor in Saudi Arabia and Zain Telecom Saudi Arabia, have concluded an agreement whereby Zain will launch a selection of telecom bundles under the name …

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