Saudi Arabia

December 24, 2000

02:00 GMT

Saudi Arabia\'s domestic debt amounts to more than 600 billion riyals ($160 billion), almost as high as the gross domestic product (GDP) in 2000, newspapers reported on Wednesday, December 20.

02:00 GMT

TotalFinaElf announced on December 21st that it had signed three letters of intent covering Saudi Arabia’s natural gas development projects.

December 23, 2000

02:00 GMT

A Saudi official said Saturday that the inquiry into three anti-British car bombings in Saudi Arabia has yet to produce a real breakthrough, despite s

02:00 GMT

Three Britons have been arrested in Saudi Arabia on suspicion of producing or smuggling alcohol.

December 21, 2000

02:00 GMT

A Belgian and a Lebanese are among several men arrested as part of inquiries into three car bombings that have killed one Briton and wounded five peop

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As the Saudi Arabian government initiates measures designed to make its economy more amenable to foreign business interests, other, more ominous developments are occurring that may serve to keep Weste

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The total assets value of the investment funds run by the 10 biggest Saudi banks grew to SR37.6 billion ($10 billion) by the end of the first quarter of this year—up from SR34.6 billion ($9.23 billion

December 20, 2000

02:00 GMT

British anti-terrorist police have flown to Saudi Arabia after the third bomb attack on British citizens in the country in less than a month.

02:00 GMT

A Saudi merchant dressed in rags and a shaggy beard to disguise himself as a pauper has been arrested for begging outside a mosque.

02:00 GMT

Saudi Arabia\'s domestic debt amounts to more than 600 billion riyals (160 billion dollars), almost as high as the gross domestic product (GDP) in 200

02:00 GMT

Saudi Arabia has announced a balanced budget for the New Year on top of a $12 billion surplus in 2000 — the first in 18 years — thanks to high oil prices, but resisted a spending binge. King Fahd outl

02:00 GMT

The year 2000 couldn’t have been more auspicious for Saudi Arabia, with the kingdom enjoying peak production levels and record crude prices to post the first budget surplus in nearly 20 years.

December 19, 2000

02:00 GMT

Saudi Arabia adopted a balanced budget for 2001 for the first time in more than 15 years and announced economic growth of 15.5 percent for 2000 thanks

02:00 GMT

For the first time in the Kingdom of Saudi Arabia, the Abdullatif Jamil Group is intending to open the first center for women, which will offer both automobile shopping services as well as Internet se

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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