Saudi Arabia

April 13, 2004

03:00 GMT

Hungarian police have arrested three Arabs suspected of planning to assassinate Israel's President, Moshe Katsav, during his state visit to Budapest,

03:00 GMT

A Saudi security officer and an armed man were killed during a clash in an eastern neighborhood of Riyadh Monday evening, an Interior Ministry officia

03:00 GMT

A U.S. commander said the American mission remained to "kill or capture" the Shiite leader, Muqtada al-Sadr.

03:00 GMT

Jubail Energy Company (JEC), the power plant joint venture between National Power Company (NPC) of Saudi Arabia and US-based CMS Energy, has been awarded Project Finance magazine’s ‘Deal of the Year’

03:00 GMT

MTC-Vodafone in Kuwait has signed up their one millionth customer. The telecom group has grown its customer base to nearly 2.5 million users across the region.   The announcement comes hot on the he

April 12, 2004

03:00 GMT

The US-led occupying authorities in Iraq announced on April 10 that the Saudi-Iraqi border at Arar will be reopened on June 1, boosting Saudi exports to the war-torn country. The Arar border post has

April 11, 2004

03:00 GMT

Iraqi fighters shot down a U.S. Apache attack helicopter in west Baghdad on Sunday, the US military said. The two crewmembers were killed.

03:00 GMT

Saudi Arabia's Al-Oula Development Company has become an investor and shareholder in Dubai-based real estate technology provider Amlaki. The capital injection will allow Amlaki to expand its operation

April 8, 2004

03:00 GMT

Riyad bank posted a 13 percent net profit rise for the first quarter of 2004, with earnings reaching 436 million Saudi riyals ($116 million) compared to SR 386 million recorded during the same period

03:00 GMT

Canada's Odyssey Resources has reported that its Tavsan epithermal gold property in western Turkey has returned an average of 1.01 grams of gold per metric ton (g/t) from 126 meters of continuous inte

April 7, 2004

03:00 GMT

Saudi Prince Al-Waleed Bin Talal, chairman of Kingdom Holding Company, received Istvan Tolli, the new ambassador of Hungary to Saudi Arabia.    The two discussed bilateral relations between Saudi Ara

03:00 GMT

Better Life, the Easa Saleh Al-Gurg Group (ESAG)'s new home appliance division, has added the billion dollar Italian brand Zanussi, to its growing portfolio of international brands.  Zanussi belongs t

03:00 GMT

The Saudi economy and banks will be the biggest beneficiaries of the current surge in oil prices, continuing low interest rates and a booming local stock market, according to a new special report by <

03:00 GMT

Fitch Ratings has affirmed the ratings of Lebanon's Banque Audi and Banque Saradar following the recently announced merger between the two entities. Audi is to pay $159 million for Saradar - $100 mil

03:00 GMT

Saudi companies Al-Misehal Real Estate and Mr. Adil Alaeiry Establishment have won a marketing agreement for the Dream Island Project located in Bahrain.   Strategic Internet Investments Incorporated