February 26, 2001
Saudi Arabia will need to invest 300 billion riyals (80 billion dollars) in the water sector over the next 40 years. Meanwhile, the GCC will address w
Saudi Interior Minister Prince Nayef bin Abdel Aziz has said that the kingdom is not accusing any party of involvement in the 1996 Khobar towers explo
Saudi Arabia and Yemen have signed an agreement to reschedule 249 million dollars of Yemeni debts to the kingdom.
February 25, 2001
Two Saudi men have each paid tens of thousands of dollars in an auction for cellular phone lines with unique, easy-to-memorize numbers.
Saudi Arabia and Yemen signed Saturday in Riyadh an agreement for establishing joint business council aimed at boosting economic relations between the
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
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.
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
Saudi Arabia and Syria signed in Damascus Tuesday an accord to set up a free trade area between the two countries.
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.
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
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
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)
A senior economist at the Saudi American Bank said that the total amount of private Saudi money invested abroad has reached 700 billion dollars.
South African President Thabo Mbeki held talks Sunday in Riyadh with King Fahd and Crown Prince Abdullah bin Abdelaziz.