Saudi Arabia

November 21, 2000

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Oil-rich Saudi Arabia is set to maximize the huge revenues it is reaping from high oil prices by kickstarting development projects and diversifying th

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Saudi King Fahd hailed the "fruitful" dialogue between oil consumers and producers at the weekend International Energy Forum, saying it would contribu

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Dutch firm Netherlands Airport Consultants (NACO) beat out several other foreign companies in the bidding process for the prestigious King Abdulaziz Airport contract.

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Local Saudi cattle sellers have estimated their monthly losses resulting from the recent outbreak of Rift Valley Disease at 85 million Saudi riyals ($22.5 million).

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The Kingdom of Saudi Arabia imported 984,000 tons of barley, worth 458 million Saudi riyals ($122 million) during the third quarter of 2000, mainly from the Germany, Belgium and The Netherlands.

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In 1997, Teymour Alireza joined the Board of Directors of Shell Transport and Trading Company plc as a Non-Executive Director, and he is the first representative from the Middle East to hold a positio

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Oil producers and consumers reached consensus that stable oil prices, about $10 a barrel below current levels, would benefit the world economy, but did not agree upon a solution for reaching the lower

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The price of oil climbed sharply here on Monday on a market rattled by the prospect of a cold northern hemisphere winter, but little market-moving news emerged from the International Energy Forum in R

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Oil-rich Saudi Arabia is set to maximize the huge revenues it is reaping from high oil prices by kick starting development projects and diversifying the economy.

November 20, 2000

02:00 GMT

Saudi Arabia said Monday that British authorities will take no part in the investigation into the suspected car-bombing in Riyadh that killed a Britis

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The United States should adopt an impartial position on the ongoing violence in the Palestinian territories.

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Saudi Defense Minister Prince Sultan bin Abdul Aziz told his US counterpart William Cohen in Riyadh that Saudi Arabia does not support an immediate li

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A majority of OPEC member states have not ruled out further production increases before their next meeting on January 17.

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An Indian convicted of drug trafficking was beheaded by the sword, raising to at least 112 the number of executions announced under the Islamic laws o

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The Saudi Planning Ministry has revealed that the kingdom’s volume of exports had grown by 31 percent between 1998 and 1999. This figure reached SR190.08 ($50.69 billion) in 1999.