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Celine Aswad

Saudi's Savola Group in talks to buy confectionery maker for $300 million: sources

Oct 02 2017

DUBAI Savola Group,, Saudi Arabia's largest food products company, is in talks to buy sweets and confectionery maker Sanabel Al-Salam in a deal worth $300 million, sources told Reuters.

Women drivers seen reviving Saudi car market

Sep 27 2017

DUBAI/PARIS Saudi Arabia's decision to lift its ban on women driving cars may help to restore autos sales growth in a market dented by the economic fallout from weak oil prices, handing an opportunity to importers of luxury cars and sport utility vehicles.

Women drivers seen reviving Saudi car market

Sep 27 2017

DUBAI/PARIS Saudi Arabia's decision to lift its ban on women driving cars may help to restore autos sales growth in a market dented by the economic fallout from weak oil prices, handing an opportunity to importers of luxury cars and sport utility vehicles.

Women drivers seen reviving Saudi car market

Sep 27 2017

DUBAI/PARIS Saudi Arabia's decision to lift its ban on women driving cars may help to restore autos sales growth in a market dented by the economic fallout from weak oil prices, handing an opportunity to importers of luxury cars and sport utility vehicles.

Women drivers seen reviving Saudi car market

Sep 27 2017

DUBAI/PARIS, Sept 27 Saudi Arabia's decision to lift its ban on women driving cars may help to restore autos sales growth in a market dented by the economic fallout from weak oil prices, handing an opportunity to importers of luxury cars and sport utility vehicles.

Mideast funds favor Kuwait before FTSE decision, bearish on Qatar: Reuters poll

Aug 31 2017

DUBAI Middle East funds plan to move aggressively into Kuwaiti stocks as the market prices in expectations that index compiler FTSE will add the Gulf state to its secondary emerging market index, a monthly Reuters poll found.

Saudi sovereign wealth fund hires head of domestic investments

Aug 23 2017

DUBAI, Aug 23 Saudi Arabia's Public Investment Fund (PIF), its top sovereign wealth fund, has appointed Rashed Sharif as head of domestic investments, sources familiar with the matter said on Wednesday.

Saudi Arabia to restart work on $26.6 billion Grand Mosque expansion

Aug 17 2017

DUBAI Saudi Binladin Group will restart work next month on the $26.6 billion expansion of the Grand Mosque in Mecca, nearly two years after work stopped in the wake of a crane collapse at the site that killed 107 people, sources told Reuters on Thursday.

Saudi Arabia to restart work on $26.6 billion Grand Mosque expansion

Aug 17 2017

DUBAI Saudi Binladin Group will restart work next month on the $26.6 billion (20.66 billion pounds) expansion of the Grand Mosque in Mecca, nearly two years after work stopped in the wake of a crane collapse at the site that killed 107 people, sources told Reuters on Thursday.

Saudi Arabia to restart work on $26.6 bln Grand Mosque expansion

Aug 17 2017

DUBAI, Aug 17 Saudi Binladin Group will restart work next month on the $26.6 billion expansion of the Grand Mosque in Mecca, nearly two years after work stopped in the wake of a crane collapse at the site that killed 107 people, sources told Reuters on Thursday.

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