November 5, 2000
Saudi production specialist estimated that the number of jobs, which will be occupied by local labor instead of expatriates in the next four years, will total 200,000.
The Saudi American Bank (SAMBA) has recently denied news stating that the bank intends to take part in the establishing of a new e-commerce company, reported <I>Al-Hayat</I>.
November 4, 2000
A total of 96 people have died in Saudi Arabia from Rift Valley Fever, which struck the Saudi-Yemen border area in early September.
November 3, 2000
A Saudi national convicted of murdering a compatriot was beheaded on Friday, raising to at least 106 the number of executions announced in the Gulf Ar
November 2, 2000
The 7th International Energy Convention is to be held in Riyadh during the period of November 17th-19th.
The subject I shall address is the pricing of oil exported from the Gulf - the rabian/Persian Gulf, I hasten to add, not the Gulf of Mexico
This situation has been described as an inverted pyramid, with a huge volume of contracted oil being priced on the basis of a tiny amount traded at the apex of the pyramid. For this the Kingdom blames
The Banker magazine selected the Saudi American Bank (SAMBA) as the Bank of the Year in the Middle East for 2000. The magazine said the merger between Samba and United Saudi Bank not only formed the m
The Islamic Development Bank (IDB), located in Jeddah, Saudi Arabia, has agreed to provide a loan to finance a water and sewerage project in the western Iranian town of Hamedan, reported <I>Ettela’at<
The State Bank of India (SBI) is planning to enter the Saudi Arabian market, a top bank official told <I>Gulf News</I>. This move should not be seen as a surprise considering Saudi Arabia has a sizabl
November 1, 2000
Saudi newspapers on Wednesday slammed the US role in the Middle East peace process which it brokers and said Washington's "total alignment" with Israe
The Chief Executive of the Saudi Basic Industries Company (SABIC) will soon begin a tour of several Asian countries, aimed at strengthening the company’s relations with the trade partners in these cou
October 31, 2000
A British couple have been arrested in Saudi Arabia for possession of alcohol, a crime that can carry a flogging sentence in the kingdom.
Thailand's Appeals Court has confirmed a Bangkok jeweler’s three-year jail sentence for buying part of a 20 million dollar gem haul stolen from Saudi
The death toll from Rift Valley Fever has reached 109 in Yemen and 91 in Saudi Arabia since it first appeared in early September.