Saudi Arabia

February 25, 2004

02:00 GMT

Libya's foreign minister has assured the British government that it "does accept responsibility" for the actions of its officials in blowing up Pan Am

02:00 GMT

Prince Salman bin Abdulaziz, the Governor of Riyadh region, received on Wednesday Sudanese Foreign Minister Dr. Mustafa Othman Ismael and an accompany

02:00 GMT

Saudi Transport Minister Dr. Jubarah bin Eid Al-Suraisiri received in Riyadh Wednesday Turkish ambassador designate to the Kingdom of Saudi Arabia Ugo

02:00 GMT

Gulf Finance House (GFH) has signed a Memorandum of Understanding (MoU) with France's Credit Agricole Indosuez (CAI), the leading French investment bank, to raise €250 million through Islamic financin

02:00 GMT

Saudi Prince Al-Waleed Bin Talal, chairman of Kingdom Holding Company, received the ambassador of Hungary to Saudi Arabia, Geza Mihalyi.    The meeting was held in the Prince's office, where the two

02:00 GMT

The net asset value (NAV) of the Daman United Arab Emirates Value Fund increased to 154.86 Emirati dirhams ($42) in January, a rise of 3.82 percent from the post dividend net asset value of Dh 149.06

02:00 GMT

Bahrain-based Arab Banking Corporation reported a net profit increase to $120 million for 2003, compared with the net loss of $41 million for the same period last year. The group's operating profit be

February 24, 2004

02:00 GMT

Prince Saud Al-Faisal, the Saudi Foreign Minister, reviewed Tuesday with his Sudanese counterpart, Dr. Mustafa Othman  Ismael, bilateral relations and

02:00 GMT

Iran's Foreign Ministry Spokesman Hamid-Reza Asefi said Tuesday that establishment of stability and security in Iraq would strengthen regional securit

02:00 GMT

Libya's prime minister said Tuesday Tripoli played "no part" in the 1988 Lockerbie bombing, which claimed the lives of 270 people.

02:00 GMT

The 12th annual reader poll of Gallivanter’s Guide selected Four Seasons George V in Paris as the “best prestigious hotel worldwide” for the third year in a row. The hotel is owned by Saudi Prince Al-

02:00 GMT

US-based business process management provider Ultimus has opened a new office in Dubai, United Arab Emirates (UAE). The new office will be Ultimus' center for sales and services support in the Middle

02:00 GMT

Saudi Hollandi Bank (SHB) has reported that the first series of its Al-Diraa Structured Investments has exceeded sales targets by 70 percent during January, the first month of subscription.  Al-Diraa

02:00 GMT

The Saudi Communications and Information Technology Commission has set March 21, 2004 as the final day to apply for the Kingdom’s second mobile license. The tender is for a 25-year private license to

February 23, 2004

02:00 GMT

The National Commercial Bank has launched the Al-Ahli Real Estate Income Fund with assets investment of 345 million Saudi riyals ($91 million) in the Saudi real estate market.