July 1, 2013
Still, to cope for summer heat and Ramadan traffic, Saud Arabia will have to import diesel fuel
American automotive giants GM, Chrysler and Ford are considering proposals to set up manufacturing plants in Saudi Arabia, reported Arab News.
June 30, 2013
The decision by the Saudi Arabian government to confirm to the Friday-Saturday regional weekend has resulted in heavy criticism, with critics claiming that it is causing economic loss in trying to emulate the Western world.
Saudi Arabia commands 60 percent of the air charter business in the Middle East, according to Private Jet Charter (PJC), one of the world’s largest independent private jet charter brokers.
The Saudi stock market was in the red yesterday, dropping slightly by 0.17 percent.
June 29, 2013
As the Gulf Cooperation Council and Hezbollah aid opposing sides of the Syrian civil war, the GCC seeks to punish Hezbollah economically.
June 28, 2013
The protests sparked during a funeral for a man killed by police
June 27, 2013
Loss-making telecom operator Zain Saudi has gained more time - until July 31 - to repay a $2.4 billion Islamic loan due on Wednesday, the company said in a bourse statement.
June 26, 2013
People need him, people want him, and now they’ve got him! Mohammad Abdo is rockin’ the stage once again! The Dubai International Trade Center never sounded so good.
Hours after Saudi Foreign Minister accused Damascus of genocide, Syria waded into the dialogue and blamed Saudi for the ongoing conflict and its support of "terrorists".
Saudi rights campaigner Abdulkarim al-Khader has been sentenced to eight years in prison for inciting sedition
Saudi Foreign Minister Prince Saud al-Faisal said conflict has has become an attempt at genocide against the Sunni-dominated opposition froces
The value of Saudi Arabia exports of nonoil commodities for the first quarter (Q1) of the current year 2013, reached SR 46.84 billion, compared to SR 47.84 billion, or a decrease of 2.1 percent, according to the Central Department of Statistics and Information (CDSI).
Reserve assets of Saudi Arabian Monetary Agency (SAMA) increased by 16 percent in May to SR 2.57 trillion, the highest in its record for three consecutive months, according to Al-Eqtisadiah newspaper.
June 25, 2013
Syria can only be considered as an “occupied land,” Saudi Foreign Minister Prince Saud al-Faisal said on Tuesday during a press meeting with U.S. Secretary of State John Kerry.