Saudi Arabia

July 10, 2000

03:00 GMT

The Islamic Development Bank (IDB), which has so far limited its funding to government bodies, has set up an institution with Saudi and Iranian help to promote the private sector in member countries.

03:00 GMT

The kingdom's third privately-owned petrochemical company, Saudi International Petrochemical Co.

03:00 GMT

Saudi launches third privately-owned petrochemical plant The $11 bln plant will be fully operational by the end of 2003.

July 9, 2000

03:00 GMT

The Islamic Development Bank (IDB), which has so far limited its funding to government bodies, has set up an institution with one billion dollars in c

03:00 GMT

Sabic, the industrial giant, is a major source of export revenue for Saudi Arabia.

03:00 GMT

This week witnessed listing of a new stock FITAIHI. The company with a paid-up of SR 200 mln. (4 mln. shares with a paid-up of SR 50) is engaged in trading activities of various goods ranging from Jew

03:00 GMT

Saudi Market continued to show the positive trend it has been witnessing for the past two weeks.

03:00 GMT

Al Bank Al Saudi Al Fransi was created in 1977 with an initial paid up capital of SR 100 million. Banque Indosuez holds 31.1% stake in the bank.

03:00 GMT

By the end of July, Saudi Arabia's National Industrialisation Company (NIC) expects to have raised 500 million riyals ($133 million) for a polypropylene plant in plans on building in Jubail

03:00 GMT

Saudi Arabia stirred political reaction in the Gulf after warning it would hike output to bring down oil prices, but analysts on Wednesday maintained it was merely kite-flying.

03:00 GMT

Crude Oil prices still falling – Fear About Possible Saudi Posturing After the Saudi announcement Crude oil prices are continuing their slide, with the benchmark price of one barrel Brent crude oil r

03:00 GMT

Crude Oil prices still falling – Fear About Possible Saudi Posturing After the Saudi announcement Crude oil prices are continuing their slide, with the benchmark price of one barrel Brent crude oil r

03:00 GMT

DUBAI,Date July 5 (AFP) - Saudi Arabia stirred political reaction in the Gulf after warning it would hike output to bring down oil prices, but analysts on Wednesday maintained it was merely kite-flyin

July 7, 2000

03:00 GMT

Saudi police busted an Ethiopian prostitution ring and two distilleries in Riyadh, a newspaper reported Friday. The prostitution ring was headed by an

July 6, 2000

03:00 GMT

Crude rebounded in London and New York trade Thursday, following sharp declines triggered by promises of more oil from Saudi Arabia, the world's leadi