Saudi Arabia
July 7, 2003
Al-Yousuf Motors has announced that Yamaha Motor will stage the Middle Eastern launch of its 2004 line up of ATV's in Dubai from July 7-8, highlighting the key role the United Arab Emirates (UAE) play
The Board of the Saudi British Bank (SABB) announced the distribution of a net interim dividend of nine Saudi riyals per share after deduction of Zakat. The $100 million as gross interim dividend repr
Mashreqbank has developed a range of branded domestic Cash Management solutions that help businesses accelerate inflows, maximize liquidity, reduce credit risks, automate payments and strengthen the r
July 6, 2003
The Israeli cabinet voted 13-8 to approve the release of Palestinian prisoners. At first, cabinet members tied 10-10, but three ministers later change
The head of MI6, Sir Richard Dearlove, secretly briefed senior BBC executives on Saddam Hussein's weapons of mass destruction before a TV program, whi
Saudi Arabia and Yemen said during a meeting of their coordination council in Sanaa Saturday that they were determined to join forces in fighting "ter
The Saudi Arabian Stock Market continued its positive performance in the first half of 2003, with the Tadawul All-Share Index closing at 3,612, a rise of nearly 1,000 points since the start of the yea
British Airways is set to re-introduce direct flights between Saudi Arabia and the UK. From July 3, flights to and from London Heathrow to Riyadh will operate directly. Flights from Jeddah to London w
A meCARD credit card for international travelers that avoids the inevitable foreign exchange losses has been launched by meBANK. The foreign currency credit cards from meCARDS are available in US doll
The Savola Group has reported that the company's market capitalization has reached five billion Saudi riyals. After capitalizing from reserves, the Group's capital has been raised to SR 800 million, w
The Bahrain Monetary Agency and the London Metal Exchange have entered into a cooperation agreement that will assist the BMA to develop contracts and documents that could be used by Islamic financial
US-based Vinnell Corporation, having recently lost nine employees in May’s Saudi terrorist attack, has been awarded a $48 million contract to train the nucleus of a new Iraqi Army. The contract was aw
July 5, 2003
Turkish Prime Minister Recep Tayyip Erdogan was to hold telephone discussions with US Vice President Dick Cheney about Turkish soldiers detained in Ir
Saudi Arabian Amiantit is the leader of a consortium that has won the international tender for a water management project in Romania worth over SR180 million. This project will be financed by a number
July 4, 2003
Six of Osama bin Laden's 11 sons will soon be stripped of their Saudi Arabian nationality, the kingdom's Interior Minister Prince Nayef bin Abdul-Aziz