March 22, 2001
A new private electricity and water company will be established in Saudi Arabia.
Despite Saudi Arabia’s leading role in the coalition of countries that faced off against Iraq in the 1991 Gulf War, the volume of trade between the two, within the framework of the UN oil-for-food pro
The Saudi Insurance Cooperative Company and the Al-Amthal Financing & Leasing Company have signed a two-year long agreement, according to which Saudi Insurance will provide insurance coverage for cars
March 21, 2001
The Gulf International Bank investment banking division has been appointed as an independent financial advisor to Saudi Jubail United Petrochemical Co
Qatar and Saudi Arabia signed a final border agreement won Wednesday, bringing the curtain down on a 35-year-old territorial conflict in the second su
Newly-found Egyptian Saudi Insurance Co has been granted a preliminary license approval to operate casualty insurance business in Egypt by the country
According to a leading Saudi Internet banking expert, Arab banks need to build knowledgeable human resources around Internet solutions and to take up the on-line challenge.
The Saudi Arabian authorities have issued an invitation to the Malaysian business sector to participate in projects in the country’s transport, power, water, information technology and telecommunicati
March 20, 2001
In a step viewed as vital to enhance investment, economic and trade relations, especially after the border treaty was signed in Jeddah in June 2000, t
Palestinian President Yasser Arafat arrived in Jeddah Tuesday for talks with King Fahd and Crown Prince Abdullah bin Abdulaziz ahead of the Arab summi
A Lebanese local newspaper was ordered Monday to pay a LL30-million-fine ($20.000) after it was found guilty of libeling and slandering Saudi Prince T
Four new cases of the Rift Valley Fever were discovered Monday in Saudi Arabia, while one person died of the disease over the last week.
March 19, 2001
Advanced Electronics company of Saudi Arabia is to supply its highly sophisticated binoculars and telescopes to the French company, TALIS, both compan
The Saudi Arabian Oil Co. (C.SOI), or Saudi Aramco, has informed its buyers in Japan and South Korea that it will make an additional 3.3 percent cut t
It is estimated that overseas travel expenditure by Saudis will exceed $12.2 billion annually by 2005 even as the Kingdom is engaged in efforts to bui