Latest Saudi Arabia News
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Saudi- Salmans Turkey talks to focus on key issues
(MENAFN - Arab News) Crown Prince Salman, deputy premier and minister of defense, begins a two-day visit to Turkey today where he will hold talks with Turkish President Abdullah Gul on a wide range of bilateral and regional issues. The crown prince will also discuss issues of mutual interest with ...
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200 foreign firms to share expertise at Saudi Energy
(MENAFN - Arab News) More than 200 foreign companies will take part in Saudi Energy 2013, organizers announced. It will take place with the support of the Ministry of Water and Electricity at the Riyadh Exhibition Center. Water and Electricity Minister Abdullah bin Abdulrahman Al-Hussayen and ...
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Saudi- Chaos at deportation centers
(MENAFN - Arab News) Chaos prevailed yesterday across deportation centers in Jeddah as expatriates rush to register for repatriation. Thousands returned unsuccessfully after waiting the entire day to scan their fingerprints. Existing resources cannot match the huge crowd of expatriates. According ...
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Saudi- Food inflation in kingdom hits 6.2
(MENAFN - Arab News) Food prices are the single largest contributor to overall inflation in Saudi Arabia, according to a recent report issued by Jadwa Investment. Saudi Arabia's inflation rates reached an all-time high in April 2013, where food prices increased by an estimated 6.2 percent on a ...
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SARS-like virus kills another Saudi
Another Saudi citizen, who contracted the SARS-like virus coronavirus, has died, the Saudi Arabian Health Ministry has announced. The latest death raised the toll in the kingdom from the deadly respiratory virus related to the Severe Acute Respiratory Syndrome (SARS) to 16, the ministry said in a ...
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Saudi woman predicts own death on Twitter
A Saudi woman wrote on her Twitter page that she expects to pass away within few weeks and asked God for mercy. A week later, she was killed in a road crash. Amal Al Muaili, a school teacher, wrote: The farewell moment which will likely happen to me within few weeks will be very much painful. We ...
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KACST Launches WaferCatalyst Silicon Prototyping Services
RIYADH, Kingdom of Saudi Arabia -- , the Kingdom of Saudi Arabia's National Science Agency & National Laboratories announced the launching of WaferCatalyst prototyping and small volume production services. WaferCatalyst is partnering with leading wafer manufacturing facilities around the world to ...
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Deloitte Saudi Arabia leads equity issuances with listings over $100m
With another relatively slow 12 months for actual equity issuances in the GCC, and with Saudi Arabia leading the league table with five listings over $100m, a number of factors are responsible for the low volume of IPOs, according to experts from Deloitte in the Middle ...
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Asia Distillates-Gasoil margins hit 6-week high on spot demand
SINGAPORE, May 21 (Reuters) - Asian gasoil margins spiked to a 6-week high on Tuesday, rebounding from a two-year low in April, supported by a near-record import from Saudi Arabia and spot demand within Asia, traders said. The June gasoil crack rose 10 cents to $17.04 a barrel above Dubai crude, highest since April 9 when it was at $17.12 a barrel, Reuters data showed. Some spot ...
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Five Yemenis executed in Saudi Arabia
23/05/2012 14:03 CET Saudi Arabia has executed five Yemenis accused for killing a Saudi national and committing robberies in several towns in the kingdom, the interior ministry stated. The five men were executed in the southwestern town of Jizan and their bodies were displayed in public, near a university, according to an eyewitness. In a photo uploaded in Twitter, five men are seen hanging ...
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Saudis Dar Al Arkan launches $450 mln sukuk
DUBAI | Tue May 21, 2013 8:15am EDT DUBAI May 21 (Reuters) - Saudi developer Dar Al Arkan has launched a $450 million five-year Islamic bond offering, a document from lead managers said on Tuesday, in the real estate firm's first international bond sale in more than three years. The sukuk will price at 5.875 percent, the document said, tighter than the 6 percent guidance issued ...
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Coronavirus death toll climbs with new victim in Saudi from Sars-like disease
RIYADH // Saudi Arabia says it has recorded another death from a new respiratory virus related to SARS, bringing the total number of deaths in the kingdom to 16. Saudi Arabia remains the center for the virus as investigators from the World Health Organization seek more clues about its origins and how it is spread. More than 20 people have died from the virus worldwide. The Saudi Health ...
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Waseela awarded turnkey microwave network contract in Saudi Arabia
Waseela, a systems integrator in the Middle East and North Africa (MENA) region, has been granted a nationwide microwave network contract in Saudi Arabia, Zawya reported. The project contract was awarded on a turnkey basis, requiring Waseela to provide services from planning and design of the network to operation and maintenance of the system. The contract consists of several stages, with the ...
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Tunisia Man back from Saudi Arabia dies from coronavirus 2 children treated and recovered
TUNIS, Tunisia - Tunisia's Health Ministry says a 66-year-old man has died after being infected by the new coronavirus following a visit to Saudi Arabia. The ministry's statement reported that his son and daughter were also diagnosed with the virus but have been treated and since recovered. The cases are the first for Tunisia and indicate that the virus is slowly trickling out of the ...
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Ikoo strengthens its position with $3m investment and support from STC Ventures
Ikoo, the integrated digital marketing solution provider with the largest reach in the Middle East and North Africa [MENA], announced a major partnership with STC Ventures, backed by Saudi Telecom Company, which has invested $3m in the ...
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Saudi increase expat fee to force unneeded labour out
The ministry will hand unskilled jobs to locals eventually The robust Saudi economy is passing through a unique phase providing innumerable opportunities for the first time in history."So we need a number of qualified executives and skilled manpower to drive the economy and make the best of the current economic boom in the Kingdom," says Nael Fayez, CEO of INJAZ-Saudi Arabia."The ...
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Saudi Aramco upgrades gasoil separation plant with GEs advanced compressor control technology
GE has replaced an aging compressor control system at Saudi Aramco's Haradh gas/oil separation plant in Saudi Arabia's Eastern Province with advanced technology that automates the control process for three compressors and will improve performance and ...
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Marriott International celebrates opening of Courtyard Riyadh Diplomatic Quarter
Marriott International, Inc. celebrated the opening of the Courtyard Riyadh Diplomatic Quarter with a variety of on-site celebrations. Courtyard by Marriott, the world's 11th largest hotel brand, already has a strong footprint in the region with properties in Qatar, the United Arab Emirates and ...
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Hotel giant signs deal for first Staybridge in Saudi
Staybridge Suites Hira Street will be located in central Jeddah and will form part of Dyafah Al Mutahida's mixed-used development including retail outlets, healthcare facilities and a multi-purpose ...
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Embassy helps 2000 Egyptians find job in Saudi Arabia
(MENAFN - Arab News) Egypt has gone to great lengths to rectify the legal status of its nationals in Saudi Arabia, said Hossam Issa, an Egyptian diplomat. The Egyptian Labor Bureau has contacted employers with job opportunities who can transfer sponsorships. It has already succeeded in providing 2,000 alternative jobs to Egyptian citizens in various fields. These job opportunities are posted on ...
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Aranca releases special report titled Saudi Arabia on the Move Making of a Trillion Dollar Economy
Aranca, a provider of customized research and advisory services to global clients, has been appointed as the exclusive Knowledge Partner for the prestigious Euromoney Saudi Arabia Conference 2013 to be held on May 7-8, 2013 in Riyadh, Kingdom of Saudi ...
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Tawuniya and Aetna form strategic alliance
The Company for Cooperative Insurance (Tawuniya), and Aetna, global diversified health care solutions company, have entered into a strategic alliance to provide health care benefits and services to Saudi citizens in the Kingdom of Saudi Arabia or abroad and to foreign nationals living in the ...
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Saudi paper under fire for blasphemous praise of King
A mass-circulation newspaper in Saudi Arabia has been slammed by local religious authorities for publishing an article deemed as blasphemous although it was full of praise for King ...
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Saudi Aramco invites bids for Jizan power plant
Saudi Aramco has invited bids for the construction of a 2,400 megawatt (MW) power plant in Jizan, near a 400,000 barrel-per-day oil refinery which it is currently building, two industry sources said on ...
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IMF warns Saudi Arabia over inflation risk
Saudi Arabia faces a possible inflation risk due to buoyant growth that may warrant policy action to prevent the economy from over-heating, the International Monetary Fund has ...
Saudi Arabia Digest
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Saudi Arabia's massive infastructure drive
Saudi Arabia is in the midst of a major construction boom being implemented and supported by the national government in order to improve infrastructure and living standards in the largest economy in the Arab world.
It was recently announced by the director-general of the Saudi Industrial Property Authority (MODON), Tawfig Fawzan Alrabiah, that a new industrial city would be built in Taif in order to cope with growing demand for industrial land in Saudi Arabia. The Taif Industrial City will in fact be a ‘city within a city’ so to speak, but will measure 11 square miles in size and will function as a fully-fledged industrial city, providing all the infrastructure required in such zones. Read more
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