Saturday 30 August 2014
 
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Saudi

Aramco seeks interest for unconventional gas work

Four companies have expressed interest in bidding for work on unconventional gas in Saudi Arabia as the world's top oil exporter pushes ahead with plans to develop challenging shale deposits, industry sources said. The compani

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Tadawul opening to foreign investors ‘a key milestone’

The Saudi Arabian index is the region’s most diverse capital market due to its size and maturity, and has been gearing up to welcome foreign investors for sometime now, said a report. Although foreign investors have been abl

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Iraq, Syria pose Saudi dilemma: failed states or Iran proxies

With militant Islamists gaining the upper hand in Syria's rebel movement and grabbing big tracts of Western Iraq, Saudi Arabia faces a dilemma. Saudi Arabia has long seen the conflicts in Iraq and Syria as a pivotal battle for

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Two-day weekend proposal stays: Saudi ministry

The Saudi Labor Ministry has clarified that it has no plans to withdraw a proposal for 40-hour work week and two-day weekend system in the private sector, a report said. The ministry said the revised labor law has already been pre

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Two-day weekend proposal stays: Saudi ministry

The Saudi Labor Ministry has clarified that it has no plans to withdraw a proposal for 40-hour work week and two-day weekend system in the private sector, a report said. The ministry said the revised labor law has already been pre

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GCC talks to end Qatar diplomatic row

Bahrain and Saudi Arabia last night stressed the need to steer the region away from tensions. They also underlined the importance of maintaining the region's stability as His Majesty King Hamad received Saudi Foreign Minister Prince Saud Al

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Saudi petchem firm restarts production after glitch

Saudi Arabia's Sahara Petrochemical said on Wednesday its subsidiary had fixed a technical fault at a utilities unit and was now working on restarting production. Sahara, which ended merger talks with Saudi International Petro

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Saudi crude exports fall as domestic demand rises

Saudi crude exports fell in June to their lowest levels in almost three years as oil use in the country's power sector rose and local refineries processed high volumes, official data showed.   The top oil exp

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Saudi awards key rail project contract

Saudi Arabia has awarded a contract to China Railway Construction Corporation for the renewal of the freight railway line between Dammam and Riyadh. The SR122.8 million ($32.5 million) deal was signed by Saudi Railways Organizatio

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Al Khabeer acquires prime US office property

Al Khabeer Capital, a Saudi-based asset management and investment firm, has joined hands with its investment partner USAA Real Estate Company to acquire Lake Pointe Center III and IV, a prime office property in Indianapolis, US. T

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