Saudi Arabia
Finance
In one of the biggest developments in the Gulf region's soft drinks industry for many years, Coca-Cola has reached an agreement to buy a 50% stake in Saudi Arabia's Aujan, one of the...
2011-12-14Finance
FRiENDi Mobile, a leading mobile virtual network operator (MVNO) in the Middle East and North Africa (MENA), plans to launch an IPO in 18 to 24 months as well as win another four to...
2011-12-08Finance
CFW View: We like Julphar's regional strategy, especially its diversified product portfolio with sales across the Middle East and North Africa (MENA). Their joint venture with Cigalah...
2011-11-24Finance
The purchase of a 25% stake in Zain Saudi Arabia has failed to materialise, with the consortium of bidders pulling out as proposed terms were not met. The sale of the unit, part of...
2011-09-29Finance
The development of a rail network in Saudi Arabia to cater for passengers and freight is continuing apace. A new partnership has been formed between two companies to bid for further...
2011-08-11Finance
Fixed-line provider Atheeb Telecom has announced plans to raise capital through a rights issue. The company offers voice and data services over a WiMAX network but has reported mounting...
2011-08-09Finance
Saudi Arabian alternative fixed-line and broadband operator Saudi Integrated Telecommunications Company (SITC) raised almost treble the amount it was expecting to receive from its long-awaited...
2011-05-12Finance
BMI View: Drake & Scull International (DSI) has embarked on an acquisition strategy which has seen the company diversify outside its domestic market - the UAE. Following the Dubai...
2011-04-14
