Middle-east Arab News Opinion | Asharq Al-awsat

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Sino-Saudi Investment Forum in Jeddah on Thursday. Asharq Al-Awsat Arabic

$20 Billion Sino-Saudi Agreements, 11 Investment Licenses

by Said Al-Abyad | Aug 25, 2017 | Business

Jeddah- Saudi Arabia and China sealed 11 new deals worth around $20 billion to reinforce strategic partnership between the two countries. The kingdom also granted 11 investment licenses to four firms. Saudi Energy Minister Khalid al-Falih announced on Thursday in...

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Men look out of a building as the Kingdom Centre Tower is seen in Riyadh, Saudi Arabia, January 1, 2017. REUTERS/Faisal Al Nasser/File Photo

Saudi Arabia to Privatize Four Sectors This Year

by Wael Mahdi | May 11, 2017 | Business

Khobar– A Saudi official said the Kingdom was planning to privatize four sectors this year, including the Saline Water Conversion Corporation, a power generation company under Saudi Electricity Co., grain silos and sports clubs. In an interview with Bloomberg News...

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A man arrives to an airlines office as a closed shop is seen next to it, in Riyadh, Saudi Arabia March 15, 2017. REUTERS/Faisal Al Nasser/File Photo

Saudi Arabia Supports Privatization, Eyes USD200 Billion Revenues

by Shuja Al-Baqmi | Apr 29, 2017 | Business

Riyadh – Saudi Arabia has expressed absolute confidence in its ability to advance towards more privatization projects in coincidence with a statement made by a high-ranking official on Thursday that the kingdom expects raising around USD200 billion during the...