Saudi Arabia

Saudi Fransi Capital says three big IPOs in pipeline as market booms 

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RIYADH - Investment bank Saudi Fransi Capital has three big initial public offers of shares in the pipeline as the Saudi Arabian equity market booms and firms become keener to list, the company’s chief executive said.

Saudi Arabia, Kuwait shared zone tensions underlie oilfield closure

* Kuwait is placing restrictions on Chevron's operations - sources

21 Oct 2014

Saudi's Jarir to double stores over five years

RIYADH - Saudi Arabian retailer Jarir Marketing Co plans to invest 1.1 billion riyals ($293 million) over the next five years to roughly double the number of its stores in Saudi Arabia and the Gulf, its chairman said.

20 Oct 2014

Saudi's NCB pledges conversion to Islamic bank after pressure from scholars

RIYADH, Oct 20 - Saudi Arabia's biggest bank has responded to criticism of its operations from Islamic scholars by pledging to convert itself into a full-fledged Islamic bank within about five years.

20 Oct 2014

Saudi's Jarir to double stores over five years

RIYADH - Saudi Arabian retailer Jarir Marketing Co plans to invest 1.1 billion riyals ($293 million) over the next five years to roughly double the number of its stores in Saudi Arabia and the Gulf, its chairman said.

19 Oct 2014

As sea change sweeps oil market, Wall St slashes forecasts

NEW YORK - Leading oil analysts across Wall Street have raced this month to slash their price forecasts by as much $12 a barrel as old assumptions about Saudi Arabia's readiness to defend a $100 crude are radically revised.

17 Oct 2014

UPDATE 1-Soccer-Piturca quits Romania to join Al Ittihad

(Add details, quote) (Adds signing of deal with Al Ittihad)

17 Oct 2014

UPDATE 2-MIDEAST STOCKS-Saudi stock index tumbles 5 pct, drags down Gulf

DUBAI, Oct 16 - Saudi Arabia's main stock index plunged 5 percent on Thursday amid panic selling by retail investors, dragging down other stock markets in the Gulf.

16 Oct 2014

Analysis - Sinking oil prices may curb U.S. output too slowly for Saudis

NEW YORK - Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output. Slowing a U.S. drilling boom, however, could take more than a year.

Business, Economy 16 Oct 2014

ANALYSIS-Sinking oil prices may curb U.S. output too slowly for Saudis

(Adds detail on Matador Resources 2015 guidance, no other changes)

16 Oct 2014
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Islamic State onslaught on Yazidis may be attempted genocide - U.N.

UNITED NATIONS - The campaign of Islamic State militants against Iraq's Yazidi minority may be attempted genocide, U.N. Assistant Secretary-General for human rights Ivan Simonovic said on Tuesday.