Saudi Arabia

September 14, 2000

03:00 GMT

(Albawaba) JEDDAH  Eleven people have drowned in private swimming pools this summer because of a lack of safety precautions, the civil defense said. “

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An Indian man convicted of smuggling heroin into Saudi Arabia was beheaded Thursday. His execution brings to at least 98 the number of people beheaded

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The Saudi stock exchange has edged up 0.6 percent on the week to Thursday, as investors continued to hold back on volatility in the oil market.

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A milestones was passed in the Saudi financial market at the end of August, when Dr. Ibrahim Al-Assaf, the country’s minister of finance and national economy, announced that the Gulf International Ban

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Crude markets responded somewhat positively to Saudi Arabia’s decision to meet full customer requirements in October when Saudi Aramco’s lifting program became known on September 12th.

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The Islamic Development Bank (IDB) earlier this week made loans worth more than $278 million for development projects in its member countries, it announced in a statement.

September 13, 2000

03:00 GMT

Iran names Ali-Asqar Khaji, an advisor to the country's foreign minister, as Tehran's new ambassador to Riyadh.

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A Saudi banking source has estimated that the value of bank guarantees issued by the local banks to students wishing to study abroad during this academic year totals $150 million.

03:00 GMT

Crude markets responded somewhat positively to Saudi Arabia’s decision to meet full customer requirements in October when Saudi Aramco’s lifting program became known on September 12th.

September 12, 2000

03:00 GMT

As oil markets have watched crude prices reach historic levels during the latter months of 1999, attention more and more has focused on the statements and actions of Saudi Arabia’s oil minister, Ali I

03:00 GMT

Company Press Release:  RiyadhAbu Dhabi — The Saudi-based telecommunications group Silki La Silki (SLS) has signed a deal with Landis & Gyr of Switzerland for the development and manufacture of pa

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The Riyadh Chamber of Commerce and Industry has reported that the per capita consumption of water reaches 400 liters per day, a high rate compared to the average global figure, which presently stands

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Poised to register its highest current account surplus in 19 years, the oil-rich Kingdom of Saudi Arabia is embarking on a new five-year development plan, which sets ambitious goals for higher growth

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Saudi Crown Prince Abdullah bin Abdel Aziz is to hold talks in the United States this week with US oil majors bidding for huge upstream gas projects in the Gulf state, the Middle East Economic Survey

September 11, 2000

03:00 GMT

Saudi Arabia says that OPEC members could increase output again if the latest 800,000-barrel boost does not calm markets.