Hyundai Heavy Industries lowest bidder for Saudi plant
South Korean group Hyundai Heavy Industries submitted the lowest bid to build a new oil-fired power plant in Jeddah for ...
Country: Kingdom of Saudi Arabia
Saudi private sector fuels real GDP growth
The healthy performance of the Saudi economy continued into the second quarter of 2012 albeit at slower pace than previous ...
KSA largest steel consumer in the GCC
Saudi Arabia has become one of the largest steel consumers in the GCC region owing to rising steel demand for ...
2,980 ongoing projects worth SR 264 billion in Riyadh region
A monitoring supreme body at the High Commission on Riyadh Development (HCRD) said that the region is witnessing 2,980 projects ...
Saudi Ports sees 2012 revenue up at SAR3.8 billion
The Saudi Ports Authority, or SPA, expects its revenue to grow to 3.8 billion Saudi riyals ($1.01 billion) this year ...
2nd industrial city in Makkah by 2016
A second industrial city will be built in Makkah and will be operational by 2016, Al-Sharq Arabic daily reported. Saad ...
Saudi Arabia to spend $109 billion in the solar energy sector
Fuelled by an ambitious vision, Saudi Arabia may be single handedly changing the face of the solar energy sector. If ...
Saudi public sector set for high growth on robust oil
Saudi Arabia’s economy would grow around 5.3 percent in 2012, its second highest growth rate in seven years, Jadwa Investment ...
Saudi new car sales to cross 1 million in 2018
New-car sales in Saudi Arabia are projected to cross one million units in 2018 in view of rapid trade and ...
Saudi corporate earnings to grow 9% in 2012
GCC corporate earnings would post a muted earnings growth of 8 percent this year 2012 based on the overall net ...
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