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...Fahad Al-Saif, chair of AviLease, said: “This acquisition will propel AviLease and will in turn support Saudi Arabia’s aviation ecosystem, on our path to help realise the Saudi Vision 2030s objective of...
...Its top holdings include Saudi Aramco, the state-owned petroleum and natural gas company, and Al Rajhi Banking & Investment, the country’s largest bank....
...But Prince Fahad, Prince Saud and Prince Ahmed now make all the major decisions on purchases, sales and matings – and everything Prince Khalid did, they do....
...Likewise, Indonesia’s Bank Central Asia and Saudi Arabia’s largest bank, Al Rajhi, have market capitalisations only a little less than BNP....
...Twelve years ago, Khalid al-Falih, then-head of Saudi Aramco and current investment minister, warned that domestic energy demand was expected to rise from about 3.4mn b/d of oil equivalent to about 8.3mn...
...This was just a few months after Pasricha and Bhushan inked a $400mn, tripartite agreement with the Saudi-based Tourism Development Fund and Al Rajhi Capital to roll out its lifestyle brands across the Kingdom...
...These include the Saudi-funded King Fahad Academy with students aged 3-18, where a first-grade textbook urged young Muslim students to “avoid any sort of engagement with non-believers”....
...The median consensus is $72 a barrel,” said Mazen Al-Sudairi, head of research at Al Rajhi Capital, adding that JPMorgan predicts an oil price of $80 a barrel....
...Ahmed al-Rajhi, the labour minister, said the government intended to continue rolling out new “Saudisation” quotas, but predicted that expatriates, which account for about a third of the kingdom’s 33m population...
...David Redvers, manager at Qatar Racing, the racing operation chaired by Qatari royal Sheikh bin Abdullah Fahad al Thani, described the 2,420-metre race as a “unique challenge”, testing “every physical and...
...Last month, Fahad al-Mubarak, who has an investment banking background, was appointed to a second stint as bank governor....
...2002 while investigating a story about the al-Qaeda terror network....
...The popular Kuwaiti actress Hayat Al Fahad even suggested sick foreigners should be left “in the desert” rather than taken to hospital....
...Analysts at Al Rajhi Capital estimate the increase in VAT revenue to generate around SR28bn this year....
...That was cut short when Hamid and Mohammad Fahad al-Qahtani, another co-founder of the group, were put on trial....
...Instead, Saudi Aramco now accounts for 9.9 per cent of the Tadawul All Share index, which represents the second-biggest weighting after Al Rajhi Bank....
...“This shows that so far performance of the banking sector is healthy and going as expected,” Mazen al-Sudairi, head of research at al-Rajhi Capital, wrote in a research note this month....
...The king also named Fahad al-Eissa as a new chief of the royal court and replaced the head of the anti-corruption commission....
...Fahad Al-Falah, founder and managing partner of file storage firm MENAfile, said it was “pretty much impossible” to hire Kuwaitis to fill his business’ frontline roles, such as warehouse staff and drivers...
...Mazen Al-Sudairi, head of research at Riyadh-based broker Al Rajhi Capital, supported the adoption of a revised set of rules....
...The winning bid for the one-year-old colt, a brother of the unbeaten Too Darn Hot, was submitted by David Redvers, the racing manager of Sheikh bin Abdullah Fahad al Thani, whose Qatar Racing operation is...
...The largest companies are Saudi Basic Industries, Saudi Telecom and Al Rajhi Bank....
...“The changes are designed to encourage more foreign flows into the market,” said Mazen Al Sudairi, head of research at Al Rajhi Capital....
...Fahad al-Saif, head of the debt management office, said the changes would help boost the sukuk and bond market by encouraging issuance and encouraging a secondary market in government debt instruments....
...Its favoured holdings include Al Rajhi, the world’s largest Islamic bank, and the only Saudi stock to have a weighting of above 1bp across the EM funds analysed by Copley....
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