Saudi Arabia

February 25, 2001

02:00 GMT

The Philippine government has secured a commitment from the Saudi Arabian Oil Co. that it will expand its operations here, a presidential palace statement said Saturday.

February 22, 2001

02:00 GMT

The Saudi Telecommunications Co. (STC) will slash tariffs on telephone calls to Arab, Gulf and Asian countries by up to 31 percent from next month.

02:00 GMT

Saudi Arabia believes it is "premature" for OPEC to decide to reduce crude oil production, a Saudi oil source told AFP on Wednesday.

February 21, 2001

02:00 GMT

Saudi Arabia and Syria signed in Damascus Tuesday an accord to set up a free trade area between the two countries.

02:00 GMT

OPEC kingpin Saudi Arabia is in favour of fresh output cuts during the next OPEC meeting in a month's time, the Wall Street Journal reported on Tuesday.

02:00 GMT

Saudi Arabia will need to invest 300 billion riyals in the water sector over the next 40 years, experts said in a report published on Saturday, which called for the desert kingdom to speed up the plan

February 20, 2001

02:00 GMT

Saudi Arabia will exclude its oil production, broadcasting, land and air transport, and telecommunications sectors from foreign investment, the official SPA news agency reported Monday, February 12.  

February 19, 2001

02:00 GMT

Unemployment among Saudi males is set to rise to 15 percent this year, challenging the kingdom's economy, a report by the Saudi American Bank (Samba)

02:00 GMT

A senior economist at the Saudi American Bank said that the total amount of private Saudi money invested abroad has reached 700 billion dollars.

02:00 GMT

South African President Thabo Mbeki held talks Sunday in Riyadh with King Fahd and Crown Prince Abdullah bin Abdelaziz.

February 18, 2001

02:00 GMT

Venezuela’s President Hugo Chavez held Sunday in Riyadh talks with King Fahd and Crown Prince Abdullah bin Abdelazizon bilateral and regional issues.

February 17, 2001

02:00 GMT

The Prince of Wales discussed with Saudi Crown Prince Abdullah bin Abdelaziz the human rights of Britons being held in Saudi Arabia during a visit to

February 15, 2001

02:00 GMT

Saudi Arabia’s higher tourism commission and the British company Earnest and Young International have signed a contract to develop the tourism sector.

02:00 GMT

Saudi Basic Industries Corp. (SABIC) has signed contracts with Iran and Egypt for exports this year of 260,000 tones of methyl tertiary butyl ether (MTBE), the company announced Wednesday.

02:00 GMT

South African President Thabo Mbeki will travel to Saudi Arabia on Saturday for a three-day visit, followed by a stopover in Mali for talks with the World Bank and International Monetary Fund, his off