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  • Saudi Government pushes for Saudization

    Companies literally ‘pay the price’ for hiring foreigners

    Private companies in Saudi Arabia are pressed to hire more locals and will pay an annual fine for each excess foreign employee.

    November 13, 2012 6:11

    Could oil production from the US rival Saudi Arabia?

    John Kemp asks whether the oil production from the Bakken formation in North Dakota and Montana rival output from Saudi Arabia's supergiant Ghawar oilfield, the greatest oil-bearing structure the world has ever known?

    November 12, 2012 6:52

    Why traders in MENA are afraid of non-repayment

    Uncertainty over the global economy is increasingly prompting Middle Eastern companies to use financial instruments which offset the risk of non-payment by foreign trade partners, HSBC's regional commercial banking head said.

    November 12, 2012 6:41
  • UAE banks British nationals

    Has Britain upset its Gulf allies?

    Although the parliamentary inquiry carries no legislative weight and the Guardian does not speak for the British government, the criticism nonetheless stung.

    November 4, 2012 12:45