Thursday 28 August 2014
 
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Saudi

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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South Asians to top foreign Haj pilgrims

South Asian nationals will top foreign pilgrims expected to perform Haj, with more than 410,000 out of a total of 1.3 million, said a report. It will be followed by Arab countries with more than 250,000 pilgrims, said the Arab New

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Qatar tops in human development index

Saudi Arabia, the UAE and Qatar were ranked in the very high’ category in the United Nations Human Development Index (UNHDI), said a leading expert. Karim Daoud, managing director of Pearson’s Middle East Hub, said the

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Saudi warning on mid-day work ban violations

Saudi labour officials have warned tough action against those who defy the mid-day work ban after 78 companies were found violating the rule during a surprise raid in the Eastern Province, said a report Officials from the ministry

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Saudi builder wins $184m university contracts

Major Saudi Arabian construction firm Abdullah Abdul Mohsin Al Khodari Sons Company said it has won three contracts from the Ministry of Higher Education worth a total SR689 million ($184 million). Al Khodari will build facilities

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Saudi builder wins $184m university contracts

Major Saudi Arabian construction firm Abdullah Abdul Mohsin Al Khodari Sons Company said it has won three contracts from the Ministry of Higher Education worth a total SR689 million ($184 million). Al Khodari will build facilities

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GCC states to pump $9.5bn into new hospital projects

Gulf countries are likely to invest about $9.53 billion on new hospital projects and for upgradation of the medical facilities by the year end, up 25 per cent over 2013, said a report. Saudi Arabia is among the GCC countries forec

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