Saudi Arabia

November 22, 2000

02:00 GMT

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.

02:00 GMT

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

02:00 GMT

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.

02:00 GMT

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

02:00 GMT

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

02:00 GMT

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

02:00 GMT

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

02:00 GMT

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.

02:00 GMT

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

02:00 GMT

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

02:00 GMT

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

02:00 GMT

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