Saudi Arabia
Saudi Arabia news and analysis, tenders, contracts awarded, commentary and economic data.
News
BAE signs $3bn deal with Saudi Arabia to supply jets
British defence firm will provide Hawk trainer jets and associated equipment
Structural works on Jeddah stadium to be completed by end of 2013
Six Construct and the local Al-Muhaidib Trading & Contracting was awarded the $533m contract to build the stadium in 2011
Ministry receives bids for Saudi security compounds
Local contractor is low bidder with price of $1.96bn
Saudi projects market will continue to boom
Government investment to drive new infrastructure development in the kingdom
Riyadh receives bids for technology complex
The project will involve building second phase of information technology (IT) park
Saudi stock exchange sets submission date for MEP deal
Companies have until 10 June to submit tenders for the contract
Bemco wins $1.25bn Saudi Arabia power plant contract
Local company to build 2,175MW power plant near Riyadh
Analysis
Saudi Arabia’s fuel dilemma
Saudi Arabia announced plans to move towards oil-fired capacity, but there are many exceptions
Riyadh Refinery
The plant produces about 30 per cent of the kingdom’s premium gasoline
Comment
Deep water oil exploration to test Aramco
Firm used to working in the warm shallow waters of the Gulf. It now plans to explore the oil-rich, deep waters of the Red Sea
Supplement
Pick-up in project activity predicted across the Gulf
There are plenty of signs to indicate that the GCC’s long-term prospects outweigh the short-term slump in contract awards
Company Profile
Saudi Arabia Contacts
Richard Crosby
Richard Crosby is General manager, Middle East & Africa, Saudi Basic Industries Corporation (Sabic) Innovative Plastics
Paul Aegerter
Paul Aegerter is project director, nylon & conversion projects, Chevron Phillips Petrochemical Conversion Company
Saleh al-Nazha
Saleh al-Nazha is president and chief operating officer (COO), National Industrialisation Company (Tasnee)
Saudi Arabian banks
2011 net profits for the kingdom's banks. Click here for full results.
| $m | |
| Alinma Bank | 115 |
| Al-Rajhi Bank | 1,967 |
| Arab National Bank | 579 |
| Bank Al-Bilad | 88 |
| Bank Al-Jazira | 81 |
| Banque Saudi Fransi | 776 |
| National Commercial Bank | 1,628 |
| Riyad Bank | 840 |
| SABB | 553 |
| Samba | 1,147 |
| Saudi Hollandi Bank | 275 |
| Saudi Investment Bank | 189 |
| Sources: Tadawul; Company reports | |
Research Report
Saudi Arabia Projects Market Report 2012
A comprehensive data, research and analysis into the region’s largest projects market
Special Report
Saudi firms increase their dominance in the MEED top 100 listed companies
The kingdom’s strong economy boosted by high oil prices has helped Tadawul-listed businesses to increase their presence in the MEED 100 list of the region’s largest companies for 2012
