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Riyadh’s new listing L’azurde to double branches in MENA

  RIYADH / Reuters Saudi Arabia’s L’azurde Company for Jewellery, which surged on its trading debut in Riyadh on Wednesday, plans to almost double the number of its branches in the MENA by 2018. Chief Executive Selim Chidiac told Reuters that market conditions in Saudi Arabia were very challenging as consumers have been hit by the slide in oil prices, ...

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Saudi improves real estate transparency

  Jeddah / Emirates Business The Kingdom of Saudi Arabia (KSA) has moved up the rankings to finish in the ‘Semi-Transparent’ category for the first time in the JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (GRETI). Strong advances over the past two years have seen Saudi Arabia (63rd) and Egypt (65th) move into the dynamic ‘Semi-Transparent’ ...

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Saudis in mobile market rave about high income

  Jeddah / TNS Young Saudis who recently joined the sale and maintenance of mobile phone market are raving about their experience and high financial returns, which they attribute to the decision to nationalize the sector and allow many young Saudis access to job opportunities and ownership of such shops. Seller Abdullah Ani, who works at a mobile shop, says ...

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