Wednesday 28 January 2015
 
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Saudi Arabia

Saudia wins top position for delivering flights on time

Saudi Arabian Airlines (Saudia), the national carrier of the country, was awarded the top position for on-time performance in the ‘Middle East & Africa Major Airlines’ category by FlightStats - a leading publisher of real-time gl

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Fairmont Makkah, Prince Sultan College offer hospitality training

Makkah Clock Royal Tower, a Fairmont Hotel, has signed an agreement with Prince Sultan College for Tourism and Management in Jeddah, Saudi Arabia, to provide top-notch hospitality training, internship and employment opportunities for Saudi Arabi

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Zain Saudi gets regulator nod for capital cut

Zain Saudi has received regulatory approval to cut its capital for a second time, a move common in Saudi Arabia to offset accumulated losses, the telecom operator said on Tuesday. The company, 37 per cent owned by Kuwait's Zai

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Jeddah tourist numbers up 70pc

Saudi Arabia’s Jeddah city has witnessed a 70 per cent increase in the number of tourists with the festivals and activities drawing huge crowds to the historical city. With the ease online bookings, hotels and hotel accommodations

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Aramco to renegotiate contracts; put off projects

Saudi Aramco will renegotiate some contracts and postpone some projects due to falling oil prices, the head of Saudi Arabia's state oil company said on Tuesday. "We will have to adjust to the realities of today, we will p

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Oil prices fall on market relief over Saudi policy

Oil prices declined on Monday, with US crude falling close to a nearly six-year low, as Saudi Arabia's new King Salman moved to assuage fears of an unstable transition and any policy change in the world's largest oil exporter.

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Aramco plans natural gas plant in northern Saudi

State-run Saudi Arabian Oil Company (Saudi Aramco) plans to start natural gas production facility at a field in northern Saudi Arabia next year, a report said. This comes as Saudi Arabia is stepping up its investments in gas, the

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New Saudi king seen holding line on Opec policy to keep oil output high

Saudi Arabia's new king is expected to continue a policy of keeping oil output steady to drive out rival producers, though the royal succession has focused market attention on the future of the kingdom's

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Germany 'stops arms exports to Saudi Arabia'

Germany has decided to stop exporting arms to Saudi Arabia, the German newspaper Bild am Sonntag said on Sunday, citing government sources as saying the kingdom was "too unstable" for it to be receiving deliveries of weapons.

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Saudi King Salman seeks to reassure on succession, policy

Saudia Arabia's new King Salman pledged continuity in energy and foreign policies on Friday and moved quickly to appoint younger men as his heirs, settling the succession for years to come by naming a deputy crown prince from his dynasty'

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