November 22, 2000
The Saudi economy grew by 8.8 percent in 1999 as oil prices soared, according to a central bank report published Wednesday, which foresaw even higher growth this year.
The Saudi-based American General Electric Company has announced that it is planning to construct three large Internet portals. These portals will include Saudi consortiums consisting of companies from
Saudi Arabia said on November 21st that a U.N. pact to halt climate change, under discussion this week in The Hague, would cause damage to its economy.
The Saudi French Bank achieved net profits of SR 509 million in the first nine months of this year, reported <I>Al-Watan</I> newspaper. This figure represents a 20 percent increase compared to the cor
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.