January 8, 2001
Two firms from Kuwait and Saudi Arabia have launched a joint $200 million fund for Islamic investment in Japanese markets, the managing director of Kuwait\'s International Investment Group (IIG) said
An advisor to the Saudi King Fahd was recently quoted in <I>Asia Pulse</I>, stating that businessmen from Saudi Arabia, as well as from other Gulf countries, are willing to invest a sum of approximate
January 7, 2001
Saudi Arabia will meet later this month with foreign oil companies bidding for a role in huge upstream gas projects expected to inject more than 100 b
At least 20 teenage boys have been given 30 lashes each for harassing schoolgirls in the Saudi holy city of Medina, in a crackdown on young troublemak
January 4, 2001
A $1.6 billion arms deal has been concluded between the United States and Saudi Arabia, according to a Riyadh-based US diplomat, for the maintenance of Saudi Arabia’s F-16 jet fighters.
Most of the ISP’s operating in the Kingdom of Saudi Arabia described the recent Internet fee cuts offered by the King Abdul-Aziz Sciences and Technologies City as a step in the right direction.
The Microsoft-Arabia company forecasts a 19 percent profit rise in Saudi Arabia by the end of 2000. This optimistic prediction was made despite a 65 percent piracy ratio in this market.
The Saudi Arab Monetary Association (SAMA), reported <I>Al-Hayat</I> newspaper, revealed that the market value of the issued shares on the Saudi Stock Exchange totaled SR 254.46 billion ($67.8 billion
January 3, 2001
Saudi Arabia Tuesday called for hefty supply curbs when the Opec meets this month to prevent a further slide in world oil prices, Bahrain Tribune repo
Five Britons held in Saudi Arabia for alcohol-related offences could face an Islamic court, which hands down the punishment of flogging.
Nine Saudis were killed and four others seriously injured in a road accident in the north of the kingdom.
Riyadh Development Company is planning to launch a number of projects in and out of Qasr Al-Hakam neighborhood in the heart of Riyadh.
Only two days after Saudi Oil Minister Ali Naimi had cautioned that Riyadh would support a production cut at OPEC’s next meeting January 17th, a Saudi oil official was quoted as saying that the kingdo
Only two days after Saudi Oil Minister Ali Naimi had cautioned that Riyadh would support a production cut at OPEC’s next meeting on January 17th, a Saudi oil official was quoted as saying that the kin
January 2, 2001
Iran and Saudi Arabia have ironed out the details for an historic security agreement as the two nations work toward moving on from their past difficul