Saudi Arabia

February 8, 2001

02:00 GMT

Saudi Arabia’s construction sector has turned the corner and is experiencing strong growth. Building contracts in the kingdom during the first three quarters of 2000 were 48.5 percent higher than duri

02:00 GMT

Local economists have revealed that the demand for American products in Saudi Arabia had declined by 20-25 percent since the beginning of Intifadat Al-Aksa.

02:00 GMT

Saudi Arabia is looking for investments up to $25 billion to see through a gas project in the south of the country, economic daily al-Iqdissadiya reported Wednesday.

02:00 GMT

Saudi Arabia is looking for investments up to $25 billion to see through a gas project in the south of the country, economic daily al-Iqdissadiya reported Wednesday.

February 7, 2001

02:00 GMT

The trail of three bombings that occurred in Saudi Arabia over the past two months left in their wake one person dead, five injured, and an unsolved m

02:00 GMT

The oil minister of the United Arab Emirates, Obeid bin Saif al-Nassiri, said Tuesday it was "premature" to talk of a cut or hike in OPEC oil production, in a statement published by the official WAM n

02:00 GMT

Saudi Arabia's Supreme Petroleum Council, chaired by King Fahd, said Tuesday that the kingdom was seeking to preserve the stability of the oil market.

02:00 GMT

Saudi's petrochemical giant SABIC posted a record $6.5 billion in revenue and a $968 million net profit for the year 2000, up 113 percent from 1999, Saudi Industry Minister Hashem bin Abdullah Yamani

02:00 GMT

Saudi King Fahd on Tuesday received French Secretary for Foreign Trade Francois Huwart, who is on a three-day trip to the kingdom to boost trade between the countries.

February 5, 2001

02:00 GMT

أعلن مصرف \"انفستكورب\" عن تحقيق أرباح صافية قيمتها 70 مليون دولار في نهاية 2000 مسجلا بذلك انخفاضا مقداره 43.5% عن أرباحه الصافية التي حققها في العام

02:00 GMT

Saudi interior minister, Prince Nayef bin Abdul Aziz, on Sunday announced the arrest of three western men, one British, a Canadian and a Belgian, for

02:00 GMT

Saudi Arabia and Kuwait approved maps demarcating their maritime borders in Stockholm on January 30th, according to the Kuwaiti news agency KUNA on January 31st.

02:00 GMT

The Saudi stock market shed another 1.1 percent in the week ending Thursday, February 1, as major banks reported declining profits, Bakheet Financial Advisors (BFA) reported.

02:00 GMT

A 35-member business delegation will head to Saudi Arabia next week on a four-day trip to encourage Saudi business people to explore joint ventures with their Jordanian counterparts.

February 4, 2001

02:00 GMT

The Saudi private sector registered a growth rate estimated at nearly 2.4 percent in 1999.