Thursday 27 November 2014
 
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Saudi

Saudi Arabia sees major growth in shipping; $30bn projects under way

Saudi Arabia is experiencing exponential growth in its ports and shipping sectors with projects planned and currently in progress totalling more than $30 billion. Experts presented a series of papers to more than 200 delegates at the in

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Saudi, UAE signal no push for Opec oil cut

Opec leader Saudi Arabia and fellow member, the UAE signalled on Wednesday they were unlikely to push for a major change in oil output at the group's meeting this week to prop up prices that have collapsed by a third since June.

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Sipchem affiliate restarts methanol production

An affiliate of Saudi International Petrochemical Company (Sipchem) has restarted a methanol plant after scheduled maintenance, Sipchem said in a bourse filing. The plant, which produces 967,000 tonnes of methanol per annum, was s

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Saudi, Russia pre-Opec talks yield no oil output cut

Impromptu talks between Saudi Arabia, fellow Opec member Venezuela and oil powers Russia and Mexico yielded no agreement on how to address a growing oil glut, ending without any plan to cut output despite a collapse in prices. &nb

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Gold Holding named distributor of PAMP bars in Saudi

Gold Holding, an integrated gold investment company in the UAE, has been appointed as the exclusive distributor of PAMP minted gold bars of 100 grams or less in Saudi Arabia. PAMP is a leading bullion brand, headquarter in Switzer

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Saudi market ‘vital for Asry’s growth strategy’

The Saudi Arabian market is fundamental to Bahrain-based Arab Shipbuilding and Repair Yard Company’s (Asry) growth strategy, the ship and rig repair yard's top officials have said. This comes after the yard announced its

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Saudi Arabia's Naimi says 'as happy as can be'; no clues on Opec

Saudi Arabia's Oil Minister Ali Al Naimi said he is "as happy as can be" as he arrived in Vienna for an Opec meeting this week, brushing off questions about tumbling oil prices and surplus supplies.  

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Bahrain causeway study to be ready next year

A feasibility study on the proposed King Hamad Causeway, the second terrestrial link between Saudi Arabia and Bahrain, would be completed in early 2015, said a report.   The study would include projections for the cost and dat

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Saudi tackles Mers virus, still hunting source

Saudi Arabia has not yet traced the source of a mysterious camel virus, leaving many questions about a disease that has killed 346 people in the kingdom. The lack of scientific evidence about how camels contract the virus, which c

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Saudi tackles Mers virus, still hunting source

Saudi Arabia has not yet traced the source of a mysterious camel virus, leaving many questions about a disease that has killed 346 people in the kingdom. The lack of scientific evidence about how camels contract the virus, which c

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