Saudi king lays groundwork for $21.7 billion SABIC projects
The huge developmental projects launched and laid foundation stones by Custodian of the Two Holy Mosques King Abdullah included SR81.44...
Business
Auto industry in Saudi Arabia can create 77,000 jobs
Saudi investments in the automobile industry are likely to create more than 77,000 jobs, said Mohammed Al-Madhi, vice chairman and...
Saudi auto imports to break 1 million units barrier in 2015
In 2011, Saudi Arabia recorded strong growth as the expansion of the oil sector was complimented by increased stimulus measures....
Saudi Arabia: Drive time
Plans to roll out full car production in Saudi Arabia, part of a broader program to expand the kingdom’s industrial...
Pharmaceutical expenditures in Lebanon projected at $1.36 billion in 2013
According to the latest Business Monitor International (BMI) pharmaceuticals forecast report, Lebanese pharmaceutical expenditures are expected to increase from $1.30...
Volvo Group Trucks foresees 30% growth in Middle East
Volvo Trucks, in collaboration with Iraqi partners ZamZam General, unveiled two new truck centers in Iraq with a third on...
Lebanese industrial exports up 13% to $1.2 billion
Figures released by the Ministry of Industry show that Lebanese industrial exports totaled $1.2 billion in the first four months...
Global petrochemicals market is expected to reach $791.05 billion
According to a new market report published by Transparency Market Research "Petrochemicals Market by Product (Ethylene, Propylene, Butadiene, Benzene, Xylene,...
Lebanon and Armenia sign cooperation agreement
The Beirut & Mount Lebanon Chamber of Commerce, Industry & Agriculture signed a Memorandum of Understanding with its Armenian counterpart...
Luxury car sales in GCC see surge in growth
There is not even a hint of a slowdown in the region’s premium car sales, with the BMW Group confirming...
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