Fluor wins Saudi aluminum plant contract
Engineering and construction company Fluor Corporation has won contracts worth more than $1 billion for an aluminum plant in Saudi...
Business & Economy
Expatriates in Saudi Arabia remitted over US$ 27 billion in 2011
Foreign workers in Saudi Arabia remitted record high funds of more than US$ 27 billion in 2011. Indeed, the Kingdom...
Consumer optimism in KSA brightens as retail sector booms
With strong consumer confidence and a sound economic outlook for the immediate future, Saudi Arabia’s retail sector appears set for...
Consumer confidence within the Middle East remains high
According to MasterCard’s latest Worldwide Index of Consumer Confidence, regional consumers remain upbeat about the Middle East’s future and its...
Bahrain’s Alba hires BNP Paribas for $2.5 billion expansion
Aluminum Bahrain BSC , which owns the world's fourth-largest aluminum smelter, announced that it has hired BNP Paribas to advise...
Iraq begins the construction of Faw Port
Iraq announced the beginning of the first step to establish Faw Port overlooking the Gulf States. Iraq placed the foundation...
Qatar eyes major global sporting role
Qatar aims to host international events and become the sporting hub for the MENA region, the country’s Olympic Committee chief...
UAE airports report double-digit traffic growth
Dubai International and Abu Dhabi International airports saw passenger traffic increase in the first half of the year as airlines...
Saudi public transport companies team up to create US$ 533 million joint firm
A number of Saudi public transport companies have begun forming alliances to create a joint mass passenger transport company with...
Saudi oil revenue rises by 48%
Saudi Arabia’s revenue from exports of crude oil and other petroleum products jumped 48 percent in 2011 as shipment volumes...
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