Saudi Arabia

December 28, 2003

02:00 GMT

Japan’s JGC Corporation has been awarded a contract by the Bahrain Petroleum Company to build facilities for the production of low-sulfur diesel. JGC came in with the lowest bid for the expansion tend

02:00 GMT

The UN Office for the Coordination of Humanitarian Affairs is providing Iran with an initial emergency grant of $90,000 to bolster relief efforts in the aftermath of Friday’s earthquake which rocked t

December 25, 2003

02:00 GMT

Saudi security authorities disclosed on Thursday their agents were making efforts to arrest a number of "terrorists" linked to seven terror cells

02:00 GMT

The International Advisory and Monitoring Board (IAMB) on Iraq met in Washington, DC on December 22, 2003, where members continued its discussion of organizational matters, stated a press release.  IA

02:00 GMT

InterContinental Hotels Group will begin another new phase of expansion in the New Year to reinforce the company's position in the Middle East. The company is looking towards a number of new projects

02:00 GMT

The persistent low economic growth, coupled with the currency devaluation and continued lack of public confidence in the Egyptian pound, hurts the performance and prospects for most Egyptian banks and

02:00 GMT

Moody's Investors Service has raised the financial strength rating for Saudi Arabia’s Arab National Bank to C- from D+. The bank's foreign currency deposit ratings remain unchanged, set at the Baa2/Pr

02:00 GMT

The Tunisian-Algerian company for White Cement (Sotacib) has been slated for privatization. An international tender was recently launched to select an investment bank to conduction the pre-privatizati

December 24, 2003

02:00 GMT

Sheikh Salman Bin Hamad Al Khalifah, the Crown Prince and the General Commander of Defense Forces in Bahrain received  on Wednesday a delegation of Sa

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Iran's Minister of Defense and the Armed Forces Logistics rear admiral Ali Shamkhani said on Wednesday said that Iran would give strong response if Is

02:00 GMT

Syria's Minister of Housing and Construction ,Mohammed Nihad Moushantat left the capital of Damascus heading an official delegation to attend the 20th

02:00 GMT

Radisson Hotels and Resorts is refurbishing its three Saudi Arabia properties in Yanbu, Jeddah and Riyadh.   Rezidor Hospitality, parent group of Radisson Hotels and Resorts, which operates 12 hotels

02:00 GMT

Telecom operators globally are undergoing a radical change in strategy in light of the industry developments and the increasing sophistication of customers, according to senior manager of wireless mar

02:00 GMT

Al-Watania Poultry has extended its wholesale contract with Dallah Hospital in Riyadh, Saudi Arabia for one full year.  Boosting production volumes, diversifying product offerings, and creating strong

02:00 GMT

Asia-Cell, the consortium lead by Kuwait's Wataniya Telecom, Asia-Cell Telecommunications and United Gulf Bank of Bahrain, have signed its license for mobile operations in Northern Iraq.