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Hot stock: L&T gains momentum on brokerage upgrade
Infrastructure and construction major LarsenBSE 2.23 % & Toubro has surged nearly 10 per cent so far in March 2013, after brokerages upgraded the stock to 'buy'. The stock was beaten down badly in the recent past on concerns of slowdown on global economic activity and margins concerns.
Al-Rasheed: Riyadh strategy to be out after 4 months
Al-Rasheed said the Riyadh Metro project, when launched, will be ranked 14th in the world. He revealed the salient features of the Riyadh development strategy, which is based on four pivotal aspects.
TECH AND GADGETS
30% of Riyadh Metro work done
Work on the multibillion riyal Riyadh Metro is 30 percent complete and on schedule, according to the region’s governor Prince Faisal bin Bandar.
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FASHION AND TRENDS
Saudi gov’t approves $24.5bn support for water, agriculture, environment
Saudi Arabia has approved financial support for the environment, water and agriculture sectors worth 92 billion riyals ($24.5 billion) to help them meet their...
Bahrain to launch international bid for metro project
Bahrain plans to issue an international tender for its first metro project in the fourth quarter of 2019, seeking private partners to finance a scheme that...
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Saudi Arabia’s Unpaid Tab With Metro Builders Runs Into Billions
Payment dispute has escalated into diplomatic note, people say
