While oil companies remain vigilant, most are not worried about the effects of Arab Spring and are positioning themselves for regime change and inevitable losses, according to a Reuters report.
June 16, 2011 2:15
Mohammed Algosaibi talks to Reuters about the $22-billion-lesson his family learned about the dangers of ‘name lending’ in the Middle East.
June 13, 2011 12:57
With a deadlock decision at last week’s OPEC, Saudi’s increasing output, no matter what. That’s got us feeling like there’s more to the GCC’s story of keeping inflation at bay.
June 12, 2011 2:41
Something’s gotta give during this week’s OPEC meeting as GCC favours increased production even as global demand falters. Could this stalemate be causing the absence of petrol in the UAE?
June 7, 2011 3:19
The latest deadline on the Saudi expat issue has Kipp rather cynical...
June 1, 2011 3:44
Saudi won’t meet its water demands by 2025. Privatisation and increased imports just may be the key solutions, proposes Roger Harrison.
June 1, 2011 3:22
With a September 7, Saudi's private sector will have to fulfill Saudisation quotas but economist fear the Netaqat programme may have negative effect on economy.
June 1, 2011 2:16
Rotana’s new channel could break even in five years. That’s if they get the focus right.
May 26, 2011 3:18
When it comes to women taking to the wheel in Saudi Arabia, who’s court is the ball really in right now, asks Saeed Attiyah Al-Ghamdi
May 25, 2011 10:58
US to relieve Egypt of up to $1 billion debt as Saudi is gives aid in soft loans, grants and Cbank funds. Egypt expects a 4 per cent GDP rise.
May 23, 2011 2:38
Egypt's Banque Misr plans to sell 2 per cent Samba stake valued at $840 million.
May 23, 2011 10:50
Saudi sets aside $4 billion for Egypt, which has been asking donors to help bridge estimated $12 billion funding gap in wake of protests.
May 22, 2011 10:54
The world's largest chemicals producer, based in Saudi, is opening a facility in Guanghzou, China.
May 17, 2011 10:24
Aramco aims to reach power efficiency rate of 75 percent; Looks to expand its cogeneration plants in the Kingdom
May 15, 2011 3:38
About $88 bln 10-year power investment needed - minister; Demand growing at up to 8 pct per year
May 15, 2011 9:48