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  • OSN brings Spider-Man to Riyadhs Salaam Mall

    Congoo - Monday 17th June, 2013

    Spider-Man, the much-loved superhero, webs his way to Salaam Mall, Riyadh for a special meet and greet family entertainment experience organized by OSN. A headline event of the Riyadh Shopping & Entertainment Festival, the encounter with Spider-Man is set for tomorrow (Wednesday) and Thursday ...

  • Saudi banks to benefit from strong sukuk market growth

    Congoo - Monday 17th June, 2013

    Sukuk market expected to be credit positive for Saudi Banks because it will provide a deeper pool of Shariah-compliant securities to facilitate liquidity management. | | A A DUBAI: ARAB NEWS Last Update 17 June 2013 11:23 pm The Saudi sukuk market will continue to grow over the next ...

  • Al Jazeera The Most-Feared News Network

    Congoo - Monday 17th June, 2013

    In this chapter from Shibley Telhami's new book, The World Through Arab Eyes: Arab Public Opinion and the Reshaping of the Middle East, Telhami looks at the impact of Al Jazeera -- the Middle East's largest news network -- on the region's changing media landscape. The Arab media explosion that ...

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  • Saudi Arabia ‘supplying missiles’ to Syria rebels

    The Daily Star - Monday 17th June, 2013

    In this Friday, June 14, 2013 citizen journalism image provided by Edlib News Network, ENN, Syrian rebels stand on top of a tank they took after storming the Iskan military base in Idlib province, northern Syria. (AP Photo/Edlib News Network ...

  • DSI mulling dual listing in Saudi

    AME Info - Monday 17th June, 2013

    Drake and Scull International (DSI) has said it may consider an additional listing of its shares on Saudi Arabia's Tadawul bourse, although the Dubai-based construction firm does not have any imminent plans for it, Reuters has reported. "It's a logical thing to do. I recognise there is a potential in the Saudi market," DSI chief executive Khaldoun Tabari told reporters in ...

  • Oman awards Saudi Arabias NPCC $98m power project contract

    AME Info - Monday 17th June, 2013

    Oman has awarded Saudi National Contracting Co (NCC) a OR37.7m ($97.9m) contract to build the first major power transmission line in Musandam governorate, Oman Daily Observer has reported. The transmission line will be built in tandem with the governorate's first natural gas-based power plant, which is currently the subject of a competitive tender. Electricity from the power plant, which is ...

  • WRAPUP 2-Putin Obama face off over Syria rebels get Saudi missiles

    Congoo - Monday 17th June, 2013

    5:09pm BST (Adds Assad remarks) * Obama, Putin seen clashing over Syria at G8 summit * Saudi Arabia supplies rebels with missiles * Assad says Europe will "pay the price" if it arms rebels * Rebels report fierce fighting around Aleppo By Andrew Osborn and Amena Bakr ENISKILLEN, Northern ...

  • Saudi Arabia plans to ban WhatsApp and Skype

    Congoo - Monday 17th June, 2013

    Recently blocked Viber over non-compliance. Saudi Arabia is set to ban Internet-based communication tools, WhatsApp and Skype, within weeks (by July 9, 2013), if the US firms fail to conform to the rules set by the country's Communications and Information Technology Commission (CITC). During ...

  • Putin Obama face off

    Congoo - Monday 17th June, 2013

    HEATED DISCUSSION: U.S. President Barack Obama (R) shakes hands with Russia's President Vladimir Putin at last year's G20 summit. US President Barack Obama will seek the help of Russia's Vladimir Putin, Syria's most powerful ally, to bring Bashar al-Assad to the negotiating table and end a ...

  • UPDATE 1-Saudi Arabia says MERS coronavirus kills four more

    Reuters - Monday 17th June, 2013

    Mon Jun 17, 2013 4:41pm EDT (Updates WHO's worldwide death toll, adds details) DUBAI, June 17 (Reuters) - Four more people have died and three more have fallen ill in Saudi Arabia from the new SARS-like coronavirus MERS-CoV, the Saudi Health Ministry said on Monday. The ministry said the four deaths were among previously registered cases. The new infections were in Eastern Province, in the ...

  • Persian Gulf states unable to protect themselves

    Middle East Times - Monday 17th June, 2013

    Despite massive spending on Western weapons, the Arab monarchies of the Persian Gulf are "unable to secure themselves from any external threat" -- meaning Iran - and are running up huge public and foreign debt, a gulf think tank ...

  • Saudi ambassador visits Holy Quran Memorization schools in central Sudan

    Congoo - Monday 17th June, 2013

    SPA -- Saudi Arabian ambassador to Sudan Faisal bin Hamed Mualla today paid a get-acquainted visit to the village of Fadasi, central Sudan, the site of a giant holy Quran memorization, orphans care and needy relief center, an affiliate of Al-Majzoub Organization for the Service of the Holy Quran, ...

  • Saudi Cabinet Discusses Syrian Crisis

    Bahrain News Agency - Monday 17th June, 2013

    Jeddah-June-17(BNA)Custodian of the Two Holy Mosques King Abdulla bin Abdulaziz Al-Saud today chaired the Cabinet meeting. The session discussed the pitfalls of regional developments and international contacts and discussions regarding the massive human rights violations in Syria. The escalation of violence and bloodshed and the atrocities perpetrated by the Damascus regime against the ...

  • Saudi- Real Estate sector surges 3.73

    MENAFN - Monday 17th June, 2013

    (MENAFN - Arab News) The Saudi stock market turned green yesterday, recovering half percent from the biggest dip of previous day. Saudi Arabia's benchmark stock index (TASI) dug in at 7,330.48 and ended its yesterday's trading up over 36 points. It went 67.6 points above and 26 points below the break-even line during the day. On an YTD basis, TASI registered a positive return of 7.78 ...

  • Saudi Spanish Youths dialogue forum starts in Madrid

    Congoo - Monday 17th June, 2013

    SPA -- Making its debut with a visit last night to Le Bardo palace, the site from which the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud has launched his historic initiative for dialogue among followers of religions and cultures, the Saudi Spanish Youths dialogue forum has ...

  • President of Saudi Meteorology and Protection of Environment Leaves Geneva

    Congoo - Monday 17th June, 2013

    SPA -- Prince Turki bin Nasser bin Abdulaziz, General President of Meteorology and Protection of Environment left here today after having taken part in the celebration held in Geneva to mark Saudi Arabia's fulfillment of obligations and duties prescribed by the U.N. program to rehabilitate areas ...

  • Saudi Prince Saudi Arabia Wants Downfall of Assad

    IMRA - Monday 17th June, 2013

    Interview with Prince Turki bin Faisal: 'Saudi Arabia Wants Downfall of Assad' Susanne Koelbl - Spiegel online June 17, ...

  • Britain eyes arms sales to Saudi Arabia

    Congoo - Monday 17th June, 2013

    The UK government has been seeking to boost its weapons sales to oil-rich Arab states of the Persian Gulf region with Defence Secretary Philip Hammond talking military ties in Saudi Arabia, local media reported. Philip Hammond discussed strengthening military and security ties with Saudi Arabia ...

  • Investcorp buys 38 pct stake in Saudi energy services firm

    Reuters - Monday 17th June, 2013

    Mon Jun 17, 2013 12:06pm EDT * Deal is PE firm's 7th under its $1 bln Gulf fund * Fund 80 pct invested so far; to fully deploy by year-end * Eyes three more deals with average size $50-$70 mln By Mirna Sleiman DUBAI, June 17 (Reuters) - Bahrain-based Investcorp has bought a 38 percent stake in a Saudi oil and gas services company and expects to complete up to three more deals via its $1 ...

  • Gulf Source Says Saudi Supplying Missiles to Syria Rebels

    VOA - Monday 17th June, 2013

    DUBAI, UAE -- Saudi Arabia, a staunch opponent of President Bashar al-Assad since early in Syria's conflict, began supplying anti-aircraft missiles to rebels "on a small scale" about two months ago, a Gulf source said on Monday. The shoulder-fired weapons were obtained mostly from suppliers in France and Belgium, the source told Reuters. France had paid for the transport of the ...

  • Jet Aviation Introduces Intl Newspaper Direct Service

    Congoo - Monday 17th June, 2013

    Jet Aviation Saudi Arabia has launched an International Newspaper Direct service at its facilities in Jeddah and Riyadh to provide same-day printed versions of international newspapers. Jet Aviation customers at the Jeddah and Riyadh facilities in the Kingdom of Saudi Arabia can now request a ...

  • MOL Comfort Suffers Damage During Trip to Jeddah

    Congoo - Monday 17th June, 2013

    Posted on Jun 17th, 2013 with tags Comfort, Damage, during, Jeddah, MOL, News by topic, Suffers, Trip. Mitsui O.S.K. Lines, Ltd. informed that the MOL-operated containership MOL Comfort suffered a crack amidships and ingressed water in the hold while under way from Singapore to Jeddah on the ...

  • Oil price spike boosts Tadawul market

    AME Info - Monday 17th June, 2013

    The Tadawul All-Share Index gained 1.81% to reach 7,463.37 points on Monday amid a bullish market breadth of 153 advancing shares and only one losing stock. Oil prices rose at the Dubai Mercantile Exchange to a 2-month high on new Mideast tensions around the Syrian conflict. The price of DME Oman oil futures climbed 1.1 percent to reach 103.38 U. S. dollars per barrel. The shares of market ...

  • MERS death toll grows as Saudi Arabia reports more cases

    CBS News - Monday 17th June, 2013

    RIYADH, Saudi Arabia MERS, an infectious disease called a coronavirus that has sickened more than 60 people since last Sept., has claimed four more lives. Saudi Arabia announced Monday that four more people have died from the new respiratory virus which is related to SARS, bringing the total number of deaths to 32 in the kingdom at the center of the growing crisis. Overall, nearly 40 people have ...

  • Saudi- 45-hour work mooted for 2-day weekend

    MENAFN - Monday 17th June, 2013

    (MENAFN - AFP) Four people have died from the MERS virus in Saudi Arabia, bringing the death toll from the SARS-like virus in the kingdom to 32, the health ministry said on its website Monday. Two ...

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