Latest Saudi Arabia News
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No-fly zone in Syria not on Nat...
A Free Syrian Army fighter carrying his weapon smokes as he stands on the rubble of damaged buildings in Kefr Hamra, Aleppo, yesterday. Bussels/Damascus: The United States is not asking Nato to back a no-fly zone in Syria and the issue is not currently on the alliance's agenda, the outgoing US ...
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Saudi Arabia | Three additional confirmed cases of Middle East respiratory syndrome
The Ministry of Health in Saudi Arabia has announced an additional three laboratory-confirmed cases with Middle East respiratory syndrome coronavirus (MERS-CoV). The first patient is a 42-year-old man with an underlying medical condition from the Eastern region, the second patient is a ...
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Gambling meccas dark side
This is the dark underbelly of Macau -- Asia's gambling capital. The only Chinese territory where casinos are permitted, the city has transformed itself in little more than a decade from a sleepy backwater to a neon-lit monument to China's passion for ...
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Saudi Sadara gets loans to fund USD19.3b petrochemical complex
(MENAFN) Sadara Chemical Co, a joint venture between Saudi Aramco and Dow Chemical, stated that it secured loans aimed at funding its construction of a USD19.3 billion petrochemical complex in the kingdom, reported Arabian Business. The company also said that the loans it secured amounted to ...
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External growth critical for 3M
A brief interview with Manohar Raghavan, Area Leader - Middle East & Africa, 3M: Kuwait Times: Can you briefly tell us your expansion plans for the region, with special reference to Kuwait? Manohar Raghavan: Middle East is one of the key growth drivers for the broader Middle East and Africa ...
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MERS claims 4 more lives...
JEDDAH: Four more people have died from MERS infection in Saudi Arabia, bringing the death toll from the SARS-like respiratory virus in the Kingdom to 32, the Ministry of Health said on Monday. Two of the fatalities were reported in Taif and the other two in the Eastern Province, where most cases ...
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Rowhani firm on Irans nuclea...
TEHRAN: Iran's newly-elected president Hassan Rowhani ruled out yesterday any halt to the nuclear activity that has drawn UN sanctions but said he hoped an early deal could be reached to allay the concerns of major powers. The moderate cleric, who won outright victory in Friday's presidential ...
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Dow Saudi Aramco JV Secures Loans For $19B Chem Complex
Share us on: Twitter Facebook LinkedIn By Jeff Sistrunk 0 Comments Law360, Los Angeles (June 17, 2013, 8:02 PM ET) -- Sadara Chemical Co., a joint venture between Dow Chemical Co. and Saudi Arabian Oil Co., announced Monday it had completed the second phase of financing for its $19 billion ...
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Whats P-Noy game plan on Bangsamoro issue
Yet by its moves lately the government seems to be moving into a tight spot. Which gives rise to the question: what's P-Noy's game plan on the Bangsamoro issue? For instance, the government is taking time setting the date for resuming the formal negotiations with the Moro Islamic Liberation Front ...
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Saudi markets bounce back as selling eases
Syria spreading wider to the region eased, while all other Arab markets also rose. The kingdom's benchmark advanced 1.8 percent, its second consecutive day of gains since Saturday's 4.3-percent ...
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Riyadh lands in worlds Top 20 most visited cities
The Qassan Towers dominates in this view of Riyadh. | | A A RIYADH: ABDUL HANNAN TAGO Last Update 18 June 2013 2:04 am Riyadh is ranked 19th in the list of the most visited cities in the world in 2013, with Dubai placed in the seventh position, according to MasterCard global ...
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OSN brings Spider-Man to Riyadhs Salaam Mall
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 ...
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Saudi banks to benefit from strong sukuk market growth
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 ...
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Al Jazeera The Most-Feared News Network
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
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 ...
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DSI mulling dual listing in Saudi
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 ...
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Oman awards Saudi Arabias NPCC $98m power project contract
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 ...
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WRAPUP 2-Putin Obama face off over Syria rebels get Saudi missiles
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 ...
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Saudi Arabia plans to ban WhatsApp and Skype
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 ...
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Putin Obama face off
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 ...
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UPDATE 1-Saudi Arabia says MERS coronavirus kills four more
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 ...
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Persian Gulf states unable to protect themselves
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 ...
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Saudi ambassador visits Holy Quran Memorization schools in central Sudan
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, ...
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Saudi Cabinet Discusses Syrian Crisis
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 ...
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Saudi- Real Estate sector surges 3.73
(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 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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