RIYADH, Oct 25 Saudi Arabia's central bank said on Tuesday it had asked local banks to reschedule the property loans of citizens whose incomes had been reduced by government austerity measures.
RIYADH Saudi Arabia’s austerity drive will pressure people's ability to buy their own homes and could push housing prices in some segments down by nearly a third, the local director of real estate services firm JLL said on Tuesday.
* Petchem producer Alujain soars on first dividend since 1998
DUBAI Saudi Arabia's efforts to stimulate the private sector and develop the housing market will be the main drivers of growth for Al Rajhi Bank until the end of the decade, its chief executive told the Reuters Middle East Investment Summit.
* For other news from Reuters Middle East Investment Summit, click on http://www.reuters.com/summit/MiddleEast16
RIYADH, Oct 24 Saudi Arabia's stock market continued rallying early on Monday after last week's big international bond sale by the government boosted sentiment, but other Gulf markets were soft after some weak third-quarter earnings.
DOHA The king of Saudi Arabia, the world's largest oil exporter, met Venezuela's president on Sunday in Riyadh and discussed ways to stabilise global oil prices, state news SPA reported.
DOHA, Oct 23 The king of Saudi Arabia, the world's largest oil exporter, met Venezuela's president on Sunday in Riyadh and discussed ways to stabilise global oil prices, state news SPA reported.
RIYADH Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday he had invited his Russian counterpart Alexander Novak to meet Gulf Arab energy ministers in Riyadh as part of efforts to cooperate with non-OPEC members to stabilize the oil market.
RIYADH The slump in Saudi Arabia's retail sector may be close to ending as consumption starts to stabilize after shrinking because of low oil prices and government austerity policies, the chairman of one of the kingdom's biggest retail chains said.
MOSCOW/BEIRUT Russia said on Tuesday it would extend a moratorium on air strikes on Syria's Aleppo into a ninth day, but a monitor and a civil defence official said that rebel-held parts of the divided city had been struck in recent days.