Saudi to develop Midyan gas field in 2013
Saudi Arabia will develop its Midyan natural gas field in the Red Sea in 2013, Oil Minister Ali Naimi said in comments reported on Tuesday in local media.
January 2, 2013 3:06
Saudi Diesel is a threat to Asia
Nevertheless, refiners in Asia will have to find alternative buyers for fuel they have been selling to Saudi Arabia in increasing quantities over the last five years, traders say.
December 19, 2012 10:18
Enoc, Aldrees team up for Saudi fuel forecourts
Emirates National Oil Co (Enoc) has teamed up with Saudi fuel retailer Aldrees to build at least 40 service stations in the kingdom, the companies said on Tuesday, in a deal the Dubai-government owned retailer hopes can recover some of its losses at home.
August 28, 2012 6:40
Japan’s JGC wins Aramco, Sumitomo JV Saudi contract
Japan's JGC Corp signed a deal to expand an ethane cracker for a petrochemicals complex owned by Saudi Aramco and Japan's Sumitomo Chemical, an industry source said.
August 13, 2012 11:09
Saudi’s first woman bows out after symbolic show
The first Saudi woman to compete at the Olympics may have bowed out after only 80 seconds on the judo mat on Friday but she was hailed as a heroine by many web-users in her homeland and given an enthusiastic reception by the Olympic crowd.
August 5, 2012 9:51
Saudi's SABIC Plans $100 Mln China R&D Centre
The facility in the Shanghai region will house a total of about 400 employees when it is completed in 2013, the company said on Friday.
April 7, 2012 12:25Saudi's SABIC Plans $100 Mln China R&D Centre
The facility in the Shanghai region will house a total of about 400 employees when it is completed in 2013, the company said on Friday.
April 7, 2012 12:19
Saudi To Maintain Oil Supply If U.S. Draws Stocks
Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sources said.
April 3, 2012 5:06
Saudi Finance Minister Says Happy With Fitch AA- Rating
"This credit rating is considered to be excellent in light of the international economic conditions and regional circumstances," Alassaf was quoted as saying in a press release issued by the Saudi Arabian Monetary Authority (SAMA), the central bank.
April 3, 2012 7:58
Saudi Electric may go for long Sukuk tranche
Massive demand for Saudi Electric Co's (SEC) first international sukuk issue may prompt the company to include a rare long-dated tranche -- and could encourage issues by other utility companies in the Gulf.
March 26, 2012 4:28
Sexy scream leads to Saudi game app ban
What does a sexy scream sound like? If you’re not sure, then download the Shoe Wars app. According to Saudi authorities, the screams there are pretty sexy.
March 26, 2012 3:50
Saudi words won’t ease pressure on US fuel prices
Saudi Arabia can't easily relieve Barack Obama's fuel price misery. Una Galani talks about why options for the world’s biggest oil supplier to rein in runaway crude are all imperfect.
March 21, 2012 2:48
Saudi oil exports rose 143,000 bpd in Jan -
Saudi Arabia produced 9.871 million bpd crude in January, 61,000 bpd more than December, while exports rose more than twice as much to 7.507 million bpd, according to the Joint Data Initiative.
March 18, 2012 12:39
NCB Capital cuts Saudi Investment Bank, Arab National Bank
Saudi banks with significant exposure to the corporate sector may see their net interest margins shrink as competition increases, NCB Capital said, downgrading Saudi Investment Bank and Arab National Bank to "neutral" from "overweight."
March 14, 2012 1:59
Saudi-owned Africa fund hit by management discord
Prominent African private equity firm Kingdom Zephyr is in talks with investors on the future of its $490 million fund after the departure of its rainmaker forced the closure of its South African office, according to sources familiar with the matter.
March 12, 2012 1:41
Yahoo won't 'ruin' Tumblr
The search engine giant confirms its purchase of popular blogger site.
May 21, 2013 2:52
Arabtec workers: strike will continue
Employees say no promises for higher wages have yet been made.
May 21, 2013 11:57
Kuwait: expats sent packing
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
A maid's wage
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43