November 21, 2000
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
Saudi King Fahd hailed the "fruitful" dialogue between oil consumers and producers at the weekend International Energy Forum, saying it would contribu
Dutch firm Netherlands Airport Consultants (NACO) beat out several other foreign companies in the bidding process for the prestigious King Abdulaziz Airport contract.
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).
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.
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
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
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
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
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
The United States should adopt an impartial position on the ongoing violence in the Palestinian territories.
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
A majority of OPEC member states have not ruled out further production increases before their next meeting on January 17.
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
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.