December 24, 2000
The Saudi ministries of commerce and municipalities affairs are planning to enforce a new law as part of the framework of the ‘Saudization policy’.
On December 13, Sir Mark Moody Stuart, the chairman of Royal Dutch/Shell, signed a letter of intent (LOI) signaling his group’s interest in participating in the long-awaited opening by the government
Saudi Arabia\'s domestic debt amounts to more than 600 billion riyals ($160 billion), almost as high as the gross domestic product (GDP) in 2000, newspapers reported on Wednesday, December 20.
TotalFinaElf announced on December 21st that it had signed three letters of intent covering Saudi Arabia’s natural gas development projects.
December 23, 2000
A Saudi official said Saturday that the inquiry into three anti-British car bombings in Saudi Arabia has yet to produce a real breakthrough, despite s
Three Britons have been arrested in Saudi Arabia on suspicion of producing or smuggling alcohol.
December 21, 2000
A Belgian and a Lebanese are among several men arrested as part of inquiries into three car bombings that have killed one Briton and wounded five peop
As the Saudi Arabian government initiates measures designed to make its economy more amenable to foreign business interests, other, more ominous developments are occurring that may serve to keep Weste
The total assets value of the investment funds run by the 10 biggest Saudi banks grew to SR37.6 billion ($10 billion) by the end of the first quarter of this year—up from SR34.6 billion ($9.23 billion
December 20, 2000
British anti-terrorist police have flown to Saudi Arabia after the third bomb attack on British citizens in the country in less than a month.
A Saudi merchant dressed in rags and a shaggy beard to disguise himself as a pauper has been arrested for begging outside a mosque.
Saudi Arabia\'s domestic debt amounts to more than 600 billion riyals (160 billion dollars), almost as high as the gross domestic product (GDP) in 200
Saudi Arabia has announced a balanced budget for the New Year on top of a $12 billion surplus in 2000 — the first in 18 years — thanks to high oil prices, but resisted a spending binge. King Fahd outl
The year 2000 couldn’t have been more auspicious for Saudi Arabia, with the kingdom enjoying peak production levels and record crude prices to post the first budget surplus in nearly 20 years.
December 19, 2000
Saudi Arabia adopted a balanced budget for 2001 for the first time in more than 15 years and announced economic growth of 15.5 percent for 2000 thanks