February 24, 2004
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-
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
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
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
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.
The Bahrain Monetary Agency (BMA) is set to commence roadshows for its first international Islamic bond issue. The $250 million issue of Ijara sukuk is the ninth in BMA’s Ijara sukuk series. It will
February 22, 2004
"Yemen and Saudi Arabia have reached an agreement regarding the issue of border barrier," Yemen's President of Ali Abdullah Saleh said in an interview
A commander of the Hamas military wing in Khan Yunis early Sunday was killed during a "Jihadi mission," the resistance movement reported.
Agents from the US Internal Revenue Service (IRS) have executed a search warrant against property purchased on behalf of a branch of the Al-Haramain Islamic Foundation in the state of Oregon. Accordi
Kuwait’s Petrochemical Industries Company (PIC) has received ISO 14001 certification. The company was awarded the certificate after inspection of the department of environment efficiency by Lloyds com
In line with the national Saudization program, gold and jewelry shop owners had until yesterday to replace some 25,000 foreign workers with local employees. Some 25 economic sectors are expected to be
February 19, 2004
Prince Saud Al-Faisal, the Saudi Foreign Minister, on Thursday stressed the need to reform. Lecturing in Belgium in response to an invitation from Bru
Iran's President Mohammad Khatami on Thursday voiced deep regret over the loss of life of scores of Iranians in a cargo train blast in northeast Iran
A fugitive was shot dead in the course of an armed clash with Saudi security forces in the residential area of Al-Aziziah south of Riyadh Wednesday.
Israeli forces early Thursday demolished two Palestinian homes and arrested 11 Palestinians in several parts of the West Bank, while a child was criti