Friday 19 September 2014
 
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Saudi

Saudi promises $500 million for Gaza rebuilding

Saudi Arabia has pledged $500 million to help rebuild Gaza, Palestinian Prime Minister Rami Al-Hamdallah said, with the full cost of post-war reconstruction expected to be around $4 billion over three years. Saudi Arabia's commitm

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Saudi July oil exports steady, power use offsets higher output

Saudi crude exports remained steady in July as oil use in the country's power sector surged to a near record high, offsetting higher output, official data showed.   The world's top oil exporter and Opec h

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Return on buildings in Saudi to rise sharply

The return on buildings as a proportion of GDP in Saudi Arabia is one of the lowest among major economies but should rise sharply in the years to 2022, according to an expert. Speaking at the recently concluded annual MEED Saudi M

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Saudi utility to spend $80bn to raise water production

State-run Saudi Saline Water Conversion Corp (SWCC) plans to invest SR300 billion ($80 billion) by 2025 to boost energy-intensive desalinated water production to 8.5 million cu m a day, the head of the utility has said. SWCC, also

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Saudi utility to spend $80bn to raise water production

State-run Saudi Saline Water Conversion Corp (SWCC) plans to invest SR300 billion ($80 billion) by 2025 to boost energy-intensive desalinated water production to 8.5 million cu m a day, the head of the utility has said. SWCC, also

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Saudi utility to spend $80bn to raise water production

State-run Saudi Saline Water Conversion Corporation (SWCC) plans to invest SR300 billion ($80 billion) by 2025 to boost energy-intensive desalinated water production to 8.5 million cu m a day, the head of the utility has said. SWC

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Saudi council to consider tax on unused urban land

Saudi Arabia's Supreme Economic Council, a top policy body chaired by King Abdullah, will study whether to tax undeveloped urban land as part of efforts to end a serious housing shortage in the world's top oil exporter. Ma

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Saudi council to consider tax on unused urban land

Saudi Arabia's Supreme Economic Council, a top policy body chaired by King Abdullah, will study whether to tax undeveloped urban land as part of efforts to end a serious housing shortage in the world's top oil exporter. Ma

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Petchem firms boost Saudi corporate earnings; 17pc growth seen

The combined net profits of Saudi Arabia's leading companies are expected to rise 17 per cent in 2014 and a further 11 per cent in 2015, largely on the back of petrochemical producers and banks, although a number of companies in other sector

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Petchem firms boost Saudi corporate earnings; 17pc growth seen

The combined net profits of Saudi Arabia's leading companies are expected to rise 17 per cent in 2014 and a further 11 per cent in 2015, largely on the back of petrochemical producers and banks, although a number of companies in other sector

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