Saudi banks’ holdings of government bonds increased by just 3.1b riyals in June RIYADH: The Saudi Arabian government is raising up to 20 billion riyals ($5.3 billion) from banks in this month’s sale ...

RIYADH (Reuters) - A subsidiary of Saudi Arabia's sovereign wealth fund has acquired 49% of consulting firm Richard Attias & Associates (RAA), Saudi financial news website Maaal reported on Sunday.

Saudi Arabia’s government contacted local banks on Monday to sell them local currency bonds worth 20 billion riyals ($5.3 billion), which will be allocated next week, the Maaal financial website ...

RIYADH (Reuters) - Saudi Arabia plans to cancel a foreign worker sponsorship system, known as kafala, and replace it with a new form of contract between employers and employees, the financial ...

RIYADH, Nov 28 (Reuters) - Saudi Arabia's government has decided to suspend its monthly issue of domestic bonds for November, the second month in a row that it has cancelled the debt sale, the Maaal ...

DUBAI- A Saudi and Gulf consortium is seeking to buy luxury retailer Barneys New York Inc, Saudi financial news website Maaal reported on Tuesday. The consortium is led by Saudi company Arabian Oud ...

Khobar-based Arabian Drilling Company (ADC) will acquire the Saudi drilling business of Schlumberger, news publication Al Maaal reported on Sunday, citing unnamed sources. ADC is a partnership between ...

Saudi Arabia’s wealth fund plans to establish an airline company in collaboration with other investment entities, the online Maaal newspaper reported, citing unidentified people. The company will ...

DUBAI (Reuters) - Klaus Kleinfeld, a former chief executive of Siemens and Alcoa (NYSE:AA), has been appointed an adviser to Saudi Arabia's Crown Prince Mohammed bin Salman effective August 1, ...

Saudi Arabian flag-carrier Saudia is intending to acquire up to 70 aircraft including long-haul Boeing and single-aisle Airbus jets, according to local financial publication Maaal. The Saudi outlet, ...

DUBAI (Reuters) - A Saudi and Gulf consortium is seeking to buy luxury retailer Barneys New York Inc, Saudi financial news website Maaal reported on Tuesday. The consortium is led by Saudi company ...