Saudi Arabia's ACWA Power, the world’s largest private water desalination company, announced on Sunday the successful completion of its 7.125 billion Saudi riyal ($1.9 billion) rights issue, marking ...

Saudi Arabia’s telecom company, stc Group, announced on Sunday its highest-ever six-month revenues, reaching 38.66 billion Saudi riyals ($10.3 billion). Net profit for the six-month period increased ...

More recently, in 2008 when Brent peaked at around $147p/b, stoking inflation, Saudi Arabia was under pressure to revalue the riyal upwards. Andreas König, Pioneer Andreas König, head of FX, Europe at ...