Polish refiner Lotos has received a shipment of crude oil from Saudi Aramco , the possible first step in a long-term relationship between the two state-controlled firms, Lotos said on Tuesday
July 3, 2012 5:21
Qatar Airways is interested to launch an airline in Saudi Arabia and has held talks with the government on opportunities for a new start-up, the state-owned carrier said in a statement on Tuesday.
July 3, 2012 1:40
Expected to fuel real estate boom in kingdom, banks to benefit; Housing one of key social issues in Saudi Arabia
July 3, 2012 10:49
A Saudi diplomat kidnapped by al Qaeda-linked militants in Yemen appealed to the Saudi king not to forget about him and meet his abductors' demand for the release of women prisoners, in a new video posted on the Internet.
July 2, 2012 3:44
Saudi construction firm Mohammad Al Mojil Group (MMG) signed a 450 million riyals ($120 million) loan to help support its balance sheet, it said in a statement on Sunday.
July 1, 2012 5:15
Shares at Saudi National Shipping Co (Bahri) rose 9 percent on Saturday after it signed an agreement with Saudi Aramco to buy its Vela marine unit for $1.3 billion in cash shares.
July 1, 2012 10:04
The merger of the fleets would make Bahri the world's fourth largest owner of very large crude carriers, or VLCCs, and it would become the exclusive provider of VLCC crude oil shipping services to Saudi Aramco, under a long-term agreement.
June 28, 2012 11:20
Olayan Group, one of the largest conglomerates in Saudi Arabia, has concluded its maiden issue of an Islamic bond, or sukuk, two sources with knowledge of the matter said on Tuesday.
June 27, 2012 9:58
South Korea's Daelim Industrial, France's Technip and Spain's Tecnicas Reunidas won deals to build a major synthetic rubber project in Saudi Arabia for a joint venture between Saudi Basic Industries Corp and U.S. Exxon Mobil Chemical.
June 26, 2012 11:19
Saudi Arabia is showing no sign of changing its policy of high oil output to support global economic growth, despite a fall in crude prices below $90 a barrel for the first time in 18 months.
June 26, 2012 11:11
Saudi Arabia will allow its women athletes to compete in the Olympic Games for the first time ever in London this summer, the Islamic kingdom's London embassy said on its website.
June 26, 2012 10:49
Shares in an affiliate of Japanese insurance giant Tokio Marine & Nichido Fire Insurance Co soared as they listed on the Saudi Arabian stock market , showing strong demand for fresh equity among Saudi investors despite the global market slump.
June 24, 2012 6:10
The all-share ends 0.9 percent lower at 6,774 points and the petrochemical index ends 0.8 percent lower at 5,964 points.
June 24, 2012 9:55
Saudi Arabia and Qatar are paying salaries to rebel forces fighting in the Syrian revolt against President Bashar al-Assad, an Arab diplomat said on Saturday.
June 24, 2012 9:53
State oil giant Saudi Aramco and Japan's Sumitomo Chemical are close to signing multi-billion-dollar contracts to expand their petrochemical complex in Saudi Arabia, industry sources said.
June 21, 2012 5:17