- Location
Jadwa Investment
"-
OFC has bought 51%stake in GUFC from a group of investors including Jadwa Investment
Jul 25, 2014Olayan Financing Company (OFC) has bought 51% stake in juice and beverage manufacturing firm Gulf Union Foods (GUFC) from a group of investors including Jadwa Investment. As part of the transaction, Jadwa has divested 30% stake in Gulf ...
Tags: OFC, Jadwa Investment, Agriculture
-
An Average Oil Price of $81/B for Saudi Export Crude Is Needed to Balance State Revenues
Dec 27, 2013An average 2014 oil price of $81/b for Saudi export crude, or about $85/b for Brent, is likely to be needed for Saudi Arabia to balance state revenues with government spending in the coming year as oil production declines to 9.3 million ...
Tags: Balance Budget, Oil Output
-
The Tadawul All-Share Index Advanced 0.10% to Reach 7,062.98 Wednesday
Feb 16, 2013The Tadawul All-Share Index advanced 0.10% to reach 7,062.98 Wednesday, the last trading day in the Saudi week. The gauge regained its momentum after a brief phase of sideways trading but the index faces a fierce resistance level at 7,150, ...
Tags: Saudi, cement, cement market
-
A Landmark Mortgage Law Approved by Saudi Arabia Would Tackle Soaring Property Prices
Jul 12, 2012A landmark mortgage law approved by Saudi Arabia on Monday would tackle soaring property prices, spur lending and give a strong boost to the economy but it will take time before its full results are felt, a local study said on Wednesday. ...
Tags: market view, cement