Saudi Arabia

December 31, 2000

02:00 GMT

A recently publicized study asserts that the population of Saudi Arabia had hit 20 million by the end of the third quarter of 2000, making it the largest of the Arabian Gulf states.

02:00 GMT

The new public budget of the Kingdom of Saudi Arabia for 2001 is characterized by balanced revenues and expenditure levels valued 215 billion Saudi riyals.

December 30, 2000

02:00 GMT

Saudi Arabia has signed an arms deal with the United States believed to be worth more than two billion dollars.

December 28, 2000

02:00 GMT

Saudi King Fahd called Tuesday for the Islamic world to work together on the economic front to expand its power in the world.

02:00 GMT

Trading volumes on the Saudi bourse hit a record of $17.4 billion in 2000, a year when the correlation between oil prices and market performance weakened.

December 27, 2000

02:00 GMT

A suspected Saudi drug addict gunned down 11 relatives, including his wife and three daughters, before committing suicide, in a massacre on the final

02:00 GMT

A senior source in the Saudi Al-Rajhi Investments and Banking Group was recently cited by <I>Al-Sharq Al-Awsat</I> daily, stating that the group has decided to shut down its investment office in Londo

December 26, 2000

02:00 GMT

AC Ventures, the venture capital arm of professional services firm Andersen Consulting, and the Saudi Rasmala investment fund announced the launch of an Internet portal for investments in Islamic fina

December 25, 2000

02:00 GMT

The director general of the Saudi HaIl Agriculture Development Company (Hadco) expects the output of the company to grow remarkably during the next two years.

02:00 GMT

AC Ventures, the venture capital arm of professional services firm Andersen Consulting, and the Saudi Rasmala investment fund announced the launch of an Internet portal for investments in Islamic fina

December 24, 2000

02:00 GMT

The Rift Valley Fever virus has left 113 dead in Saudi Arabia.

02:00 GMT

A Briton wounded in a car bombing in the Saudi capital has lost the sight in his right eye and all but the stubs of two fingers on his right hand.

02:00 GMT

King Fahd of Saudi Arabia will pay for 1,000 relatives of Palestinians killed or injured in the uprising against Israel to go on a pilgrimage to Mecca

02:00 GMT

The Saudi ministries of commerce and municipalities affairs are planning to enforce a new law as part of the framework of the ‘Saudization policy’.

02:00 GMT

On December 13, Sir Mark Moody Stuart, the chairman of Royal Dutch/Shell, signed a letter of intent (LOI) signaling his group’s interest in participating in the long-awaited opening by the government