QUOTE AND NEWS
The Hindu Business Line  Apr 11  Comment 
Energy consumption in Saudi Arabia is witnessing an unprecedented growth, prompting a wave of investments expected to reach $133 billion (502.5 billion Saudi riyals) for various power generation a...
Reuters  Sep 26  Comment 
Saudi Aramco and French oil group Total have set initial price guidance for their expected 3.75 billion Saudi riyal ($1 billion) Islamic bond at 6-month Saudi interbank offered rate (SAIBOR) plus 95-105 basis points.
Reuters  Sep 13  Comment 
Saudi Aramco and France's Total are set to issue up to 3.75 billion Saudi riyals ($1 bln) in Islamic bonds, or sukuk, with final pricing expected by the end of the month, lead arrangers said on Tuesday.
Metal Bulletin  Jun 29  Comment 
Saudi Arabia-based steelmaker the Al-Tuwairqi Group has signed a 7.5 billion Saudi riyal ($2 billion) debt restructuring deal with 18 local and international banks. This will enable its subsidiary, Al-Ittefaq Steel Products Co, to expand its...
Forbes  May 11  Comment 
News Corp. increased its stake in Rotana Group, the Arabic music producer and broadcaster owned by Saudi billionaire Prince Alwaleed bin Talal, to 14.5% from 9.1%, Rotana announced Wednesday. News Corp. spent $35 million (131 million Saudi riyals)...
MarketWatch  Mar 30  Comment 
Saudi International Petrochemical Co. was upgraded to outperform from neutral at Credit Suisse, where analyst Digvijay Singh rated the company the firm's top pick in Middle East and North Africa petrochemicals. The analyst reduced his earnings...
Commodity Online  Mar 1  Comment 
One year Saudi riyal forwards traded as high as 50 points on Monday up from Friday's close of plus 30 40 but still below 70 points the highest traded level since January 2009 seen during protests in Egypt at the end of last month.
Canadian Business  Dec 15  Comment 
RIYADH, Saudi Arabia - The Saudi International Petrochemical Company said Wednesday it awarded a 3 billion Saudi riyal (US$800 million) contract




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The chart at left shows the USD/SAR currency pair; the number of Saudi Riyal equivalent to 1 U.S. Dollar (USD).

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