|
Outlook Saudi Arabia opens in Riyadh |
 |
 |
 |
|
 Riyadh -- The Saudi Arabian General Investment Authority (SAGIA) and the Institute of International Research–Middle East (IIRME) will jointly hold the “Outlook Saudi Arabia — Investment and Private Equity Forum 2010” in the Saudi capital Riyadh from April 10th to April -12th.“
The attractiveness of the Saudi market to private equity investors has grown sharply in recent years. Analysts see this as a result of the new private-sector opportunities created by the broad economic diversification and liberalization beyond oil and gas. Some 40 authoritative private-equity industry players will address the forum and will hold round-table discussions, give interviews and have Q&A sessions with the participants. More than 250 participants will attend the event. On the first day, Fahad Al-Sultan, secretary general of the Saudi Council of Chambers of Commerce and Industry, will talk on "Inflation in the Kingdom of Saudi Arabia: Present Opportunities and Future Challenges." Arabnews reported that “Al-Sultan will discuss the elements that affect the local economy, impact on the Saudi economic activities, future expectation for inflation and economic mechanism and policies to focus on keeping inflate rate within safe boundaries.” |
|
Last Updated on Saturday, 10 April 2010 19:35 |
|
|
Baby Food market in the Netherlands |
|
|
|
|
 London -- the London-based Research Company, Companiesandmarkets.com, published a report on the baby food market in the Netherlands. According to the study the market for baby food in the Netherlands increased at a compound annual growth rate of 1.3% between 2003 and 2008.
The bottled baby food category led the baby food market, accounting for a share of 60.9%. The report focused on four categories; bottled baby food, baby cereals, other baby foods and baby snacks.
Leading players in the Dutch baby food market include Groupe Danone, General Biscuits Nederland BV and Nestle S.A. This report which provides expenditure and consumption data for the historic (2003-2008) and forecast (2009-2013) periods is considered extremely valuable for identifying key players within the market to plan lucrative M&A, partnerships and agreements. More.. |
|
Last Updated on Thursday, 08 April 2010 22:55 |
|
Bunyan United Company Formed |
|
|
|
|
Riyadh --- Minister of Commerce and Industry Abdullah bin Ahmad Zainal has approved the establishment of Bunyan United Company as a Limited Stock Company, said the Saudi Press Agency SPA. The company's capital totals SR 475 million (€ 95 million). It will be split into 47,500,000 shares, each with a nominal value of SR 10.The Jeddah-based company will be concerned with purchase and sale of plots as well as implementing building projects and engaging into other related activities. The company will be managed by a 3-member Board of Directors appointed by the company's General Assembly for a period of three years. The establishment of the company comes within the framework of the state's policy which aims at broadening the economic base and diversifying sources of the national income as well as encouraging the private sector to play an effective role in the process of economic development. |
|
Last Updated on Tuesday, 06 April 2010 19:33 |
|
|
Investors offered alternatives to downstream companies |
|
|
|
|
London -- Share sales in new Saudi Arabian export refineries will offer investors alternatives to listed downstream companies in developed countries — likely to remain exposed to chronically weak margins and high operation costs. Saudi Arabia plans initial public offers (IPOs) for two plants in coming years, following the listing of PetroRabigh in early 2008. These, along with export refineries in India, are likely to attract investors' money away from refinery stocks in the industrialized countries. They may also make it even more difficult to find buyers of relatively old downstream assets, most of which are up for sale in Europe, analysts said. "There is a transfer of the industry from Europe and the United States to the Middle East and India," Christophe Barret, Gredit Agricole's global oil analyst, said. "So investment is going to the Middle East and India too." Not all oil equities follow headline crude oil prices. Shares of independent refiners in Europe, such as Swiss based Petroplus, Italian Saras and Finnish Neste have been tracking refining margins, rather than outright benchmark crude futures. The opposite has been true of majors such as BP and Royal Dutch Shell, which have been divesting some refining assets. Read more.. |
|
Last Updated on Friday, 02 April 2010 15:36 |
|
Maaden railway operational by the end of 2010 |
|
|
|
|
 Jeddah -- Saudi Arabian Mining Co. (Maaden) announced that the railway project which it is building to transport phosphate and bauxite ore project is expected to be in operation by the end of this year. The company said 800 kilometers of the 1486 km railway has been executed.
The mineral line would link the phosphate mine at Al Jalamid and the bauxite mine at AzZabirah to the processing facilities at Ras Azzour, on the Gulf coast.Maaden has signed a contract worth $74.13 million with the Indian government firm Rites to operate the railway, SPA said. The contract would last till the end of 2013. Saudi Arabian Mining Co (Maaden), in a joint venture with (SABIC), is doubling capacity at its Saudi fertilizer plant to 6 million tons per year. The project will use phosphate from a deposit at Al Jalamid and local gas and sulfur supplies to manufacture the fertilizer diammonium phosphate. Maaden is also building with US aluminum giant Alcoa a $10.8 billion aluminum complex at Ras Azzour which would start production in 2013. Maaden has said both the phosphate and aluminum projects rely on the development and operation of a port to export DAP and ammonia for the phosphate project and for the import of raw materials, and export of alumina and aluminum for the aluminum project. |
|
Last Updated on Sunday, 28 March 2010 13:26 |
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
|
Page 1 of 41 |
