September 19, 2013
Saudi Arabia and Bahrain have approved plans to lay a 350,000-barrel per day (bpd) oil pipeline between the two countries.
Spending for the world’s most-watched sporting event will spur lending for roads, stadiums and hotels.
"Social equality is not only related to increases in pay; social justice is to provide job opportunities for people," Eissa elaborated.
Importing would strain an economy that is already crippled by international sanctions; falling currency value and decaying hard currency reserves.
Rotana, which is majority owned by Prince Alwaleed, operates one of the largest TV networks and ad sales operations in the region and owns the largest Arabic film library.
“The size of the Saudi economy has quadrupled during the last 10 years to rank first among countries of the region and 19th at the global level,” said Abdullatif Al-Othman, governor of Saudi Arabian General Investment Authority (SAGIA).
September 18, 2013
Iran plans to import 8-10 million liters of premium gasoline from India per day, the Fars News Agency reported on Tuesday.
Jordan Chamber of Industry Chairman Ayman Hatahet and US Ambassador to Jordan Stuart Jones on Monday discussed ways to boost economic cooperation between the two countries.
Enclosed trough system from GlassPoint uses the sun’s energy to produce steam for thermal EOR, thereby reducing the need to burn natural gas.
Lebanon’s budget deficit in the first six months of this year continued to rise amid falling revenues and increasing expenditures, the Finance Ministry said Tuesday.
The Saudi IT market, which is the largest in the Middle East totaled $1billion in 2012, and is expected to surpass $12.4 billion by 2016, according to International Data Corporation (IDC).
When completed, DWC will be the largest airport in the world with five runways and capacity for 160 million passengers and 12 million tonnes of cargo.
Almost every car maker has reported sales growth in double digits, ranging between 20 and 40 per cent in the region.
“These findings demonstrate a clear change of direction for regional investors, who are now willing to be more adventurous than ever in their investment decisions,” said Moad Touhami.
Cardholders will also have the chance to win all expense paid trips to watch City play in Manchester and money-can't-buy experiences including exclusive tours of the Etihad Stadium and visits to the training ground to meet the First Team and watch them train.