Saudi oil exports hit 1.27 billion barrels in six months
Saudi Arabia exported nearly 1.27 billion barrels of oil in the first six months of the current year that yielded...
Business & Economy
Saudi Arabia biggest Arab importer of Brazilian products
Sales of Brazilian products to the Arab market rose 0.96 percent in the first five months of the year as...
Saudi PPPP 2014 to showcase latest technologies
Investments into Saudi Arabia’s petrochemical sector have reached a staggering SAR 3.6 trillion, making the Kingdom a primary source of...
Bahrain economic growth accelerates
Bahrain’s economic growth accelerated strongly in the first quarter of 2013, helped by a revival of oil output, official data...
Kuwait to invest $5 billion in UK infrastructure
The Kuwait Investment Authority (KIA) plans to invest as much as $5 billion in infrastructure assets, primarily in the UK...
Mideast carriers need 2,000 new aircraft worth $408 billion
Passenger traffic in the Middle East will increase by 6.2 per cent annually over the next 20 years, with airline...
Qatar raises its 2013 economic growth forecast to 5.3% from projected 4.8%
Qatar raised its 2013 economic growth forecast to 5.3 percent from 4.8 percent projected in December on larger-than-expected production of...
GM, Chrysler and Ford planning to set up plants in Saudi Arabia
American car manufacturers GM, Chrysler and Ford are seriously studying proposals to set up their plants in Saudi Arabia. The...
UAE considered the world's happiest Arab country
The World Happiness Report, published by the University of Columbia's Earth Institute, indicates the happiest countries "tend to be high-income...
Arriyadh Development Authority receives 4 bids for Riyadh bus project
Four consortia have so far submitted bids for the operation and maintenance of the Riyadh Bus Network, including the Bus...
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