Middle-east Arab News Opinion | Asharq Al-awsat

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Investors monitor screens displaying stock information at Saudi Arabia’s Tadawul stock exchange. PHOTO: FAISAL AL NASSER/REUTERS

Saudi Arabia’s Debut Bond Offering Received Orders of $67 Billion

by Shuja Al-Baqmi | Oct 20, 2016 | Business

Riyadh–Saudi Arabia’s debut bond offering was described as the biggest ever bond sale from an emerging-market nation, as total subscription requests for Saudi international bonds amounted to $67 billion, which is equivalent to 382 percent of the Saudi initial offering...

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The Custodian of the Two Holy Mosques chairs a Cabinet session Monday afternoon/ SPA

Saudi Arabia Imposes Security, Safety Certificate on Public Projects Implementers

by Shuja Al-Baqmi | Oct 18, 2016 | Business

Riyadh- The Saudi Cabinet resolution imposing public parties to adhere to the security and safety rules before implementing the projects is expected to increase quality of projects’ implementation in the country since public projects implementers will have to present...

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A man views the under-construction King Abdullah Financial District in Riyadh, Saudi Arabia May 12, 2016. REUTERS/Faisal Al Nasser – RTSEMQF

Bonds, Saudi Investment Opportunities to Attract Capital

by Shuja Al-Baqmi | Oct 10, 2016 | Business

Riyadh- Saudi Arabia is expected to continue the issuance of bonds during the upcoming period to fill any possible gap in its annual budgets in case oil prices kept on falling. On the level of investment in the bonds and instruments markets, Saudi Arabia has...

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A saudi woman takes a selfie in the new Snow City at Al Othaim Mall in Riyadh, Saudi Arabia July 26, 2016. Picture taken July 26, 2016. REUTERS/Faisal Al Nasser

Saudi Arabia Attracts Foreign Investments in Entertainment Sector

by Shuja Al-Baqmi | Oct 8, 2016 | Business

Riyadh- Saudi Arabia is expected to change the investment map in the region during the coming months since the local market is anticipated to be the first destination of foreign capitals especially in several vital sectors that are considered the core of investments....

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A pedestrian passes a Vodafone store on Oxford Street in central London, November 10, 2009. REUTERS/Kevin Coombs

Saudi Arabia Extends Zain License for 15 Years

by Shuja Al-Baqmi | Oct 3, 2016 | Business

Riyadh- In a remarkable step, the Capital Market Authority (CMA) announced on Sunday extending Zain Saudi Arabia’s license in the kingdom for 15 years, saying it would also take five percent of the firm’s annual net income. This is a notable step in the...