Saudi economy grew 7.1% in 2011 on high oil prices – IMF
Saudi Arabia's economy grew 7.1 percent last year, while its non-oil sector accelerated 8 percent, the highest since 1981, the ...
Country: Kingdom of Saudi Arabia
Sabic to buy land from Dar Al Arkan for US$ 198 million
Saudi Basic Industries Corp (Sabic) is buying part of a residential project from Dar Al Arkan for US$ 198 million, ...
SR306 million water and sewage projects inked in Saudi Arabia
Minister of Water and Electricity Abdullah Al-Hussayen has signed a series of contracts on several water and sewage projects in ...
Saudi Almarai in $4.2 billion, 5-year investment plan
Saudi Arabian dairy and food producer Almarai Co's board has approved a 15.7-billion riyal ($4.2 billion), five-year investment plan that ...
Saudi Arabia to invest SR500 billion in water, power projects
The power and water sectors are experiencing a massive boom in Saudi Arabia, said Deputy Minister for Water Affairs Mohammed ...
Green projects to save 690,000 barrels of oil in Saudi Arabia
The renewable energy projects in Saudi Arabia will save some 690,000 barrels of oil per day (bpd) if completed, according ...
Accor hospitality operator focuses on Saudi Arabia as a key expansion market
Accor Middle East, one of the leading hospitality operators in the region, is strengthening its presence in the Kingdom of ...
Saudi Telecom implements 4G services in 38 cities across Kingdom
Saudi Telecom Co. (STC) has upgraded the coverage of 1,500 locations with the latest 4G LTE services that serves 38 ...
Ma'aden signs $1.5b aluminum refinery contract
Saudi Arabian Mining Company has awarded a $1.5 billion contract to South Korea's Hyundai Engineering & Construction Co. to build ...
Saudi per capita income may hit SR116,900
Experts have predicted that Saudi per capita income in the gross domestic product (GDP) will climb to SR 116,900 but, ...
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