December 19, 2000
Finance Minister Ibrahim Al Assaf said Saudi Arabia plans to offer trade finance of up to 85 percent in order to boost non-oil exports to help diversify its economy. Under newly approved rules, the st
December 18, 2000
Two Saudi medical companies have begun talks with local financial and consulting firms in an effort to evaluate joint expansion opportunities in the near future.
Saudi Industry Minister Hisham bin Abdullah Al-Yamani said Saudi Arabia's industrial sector recorded growth of 5.5 percent in 1999, while investments in industrial projects totaled more than $64 billi
December 17, 2000
Ten Tunisian pilgrims were killed and 15 injured, two seriously, in a road accident in Saudi Arabia overnight.
The death toll from Rift Valley Fever (RVF), a virus that has affected the Arabian peninsula for more than two months, has risen to 109 in Saudi Arabi
The arrival of the holy month of Ramadan has partially compensated the local sheep and meat sellers, who have recently incurred substantial losses.
Sir Mark Moody-Stuart, Chairman of the Royal Dutch/Shell Group of Companies, signed yesterday a Letter of Intent expressing Shell's interest in participating in the Saudi Natural Gas Initiative.
Royal Dutch/Shell said on December 14th that it had signed a letter of intent signaling its interest in the long-awaited Saudi Arabian natural gas opening.
December 16, 2000
Twenty-six people from Syria and Jordan were killed when a mini-bus collided with a truck and both vehicles burst into flames on a Saudi road near the
A senior British government official described a new car bombing in Saudi Arabia involving a Briton on Saturday as very serious, saying British subjec
December 15, 2000
The Saudi stock exchange went up 4.6 percent for the week after a strong showing by the lead Saudi petrochemical firm SABIC.
December 14, 2000
A press report said that a US national implicated in anti-British bombings in Saudi Arabia had been involved in a financial dispute with his victims.
December 13, 2000
The number of typhoid cases in the Jizan region of Saudi Arabia near the border with Yemen has climbed to 190.
A Saudi newspaper said Wednesday that Saudi police have arrested a US national in connection with two anti-British bomb attacks that killed one person
Saudi Defense Minister, Prince Sultan bin Abdul Aziz, admitted Wednesday that Saudi troops are still posted inside Yemeni territory despite a June 12