Robust performance of Saudi banking sector in 2012
The banking sector in the Kingdom of Saudi Arabia remains in good shape, reflected by robust financial profiles across the ...
Country: Kingdom of Saudi Arabia
$453.3 billion hospital deal inked in Saudi Arabia
Health Minister Dr. Abdullah Al-Rabeeah signed a SR 1.77 billion ($453.3 billion) contract to establish new headquarters for King Faisal ...
Saudi Aramco to drill 7 gas exploration wells in Tabuk
State oil giant Saudi Arabian Oil Co., or Aramco, plans to drill seven gas exploration wells in deep and shallow ...
KSA passes a record 2013 budget with $219 billion expenditure
Saudi Arabia boosted its 2013 public expenditure target to SR820 billion ($218.7 billion) as the Saudi King Abdullah approved the ...
The renaissance of Saudi aviation
With the entry of new airlines, a tough competition is expected in Saudi Arabian domestic and international flight operations. Qatar ...
World's largest butanol plant to go on-stream in Saudi Arabia in 2015
A three-way shareholders agreement to establish the Saudi Butanol Company, which will produce butanol to support the continued growth of ...
Saudi Arabia awards $346 million power contracts
Saudi Electricity Company (SEC) plans to set up three transformer stations across the country at a cost of SR1.3 billion ...
Saudi government’s incentives spurring growth in industrial investment
Commerce and Industry Minister Tawfiq Al-Rabiah emphasized the government’s efforts to strengthen the country’s industrial sector by offering incentives to ...
Saudi Arabia’s real GDP growth up to 5.9%
The Central Department of Statistics in KSA announced that the Kingdom’s real GDP growth strengthened to 5.9% year-on-year in the ...
Omani Product Expo 2012 launched in Riyadh
H.E. Dr. Tawfiq bin Fawzan Al-Rabiah, Saudi Minister of Commerce & Industry, has opened the Omani Product Expo 2012 on ...
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