Thursday 25 December 2014
 
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Saudi Arabia

Saudis give free-marketers dose of their medicine

Attention all oil producers: Saudi Arabia wants to tell you something. If a truly free market sets the price, it will be far too low for comfort. Ali Al Naimi, the kingdom's oil minister, wants others to shar

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Qatar and Egypt officials discuss reconciliation

Egyptian and Qatari intelligence officials met in Cairo to discuss a possible reconciliation as part of Saudi efforts to broker an end to the 18-month standoff over Doha's support of the Muslim Brotherhood, security sources said.

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Saudi Arabia plans to issue tourism visa

The tourism sector in Saudi Arabia has high expectations for a big boost in the market next year, after the Saudi Commission for Tourism and Antiquities (SCTA) approved provisions to issue tourism visas and regulate the system, in order to reviv

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Saudi ready to raise oil output if new clients emerge

Saudi Arabia is prepared to increase its oil output and claim a bigger market share to meet the demands of any new customers, Monday's edition of the Saudi-owned Al-Hayat newspaper quoted the kingdom's oil minister as saying.

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Saudi ‘leads region for solar power potential’

While Saudi Arabia holds the largest potential for solar power in the region, the two emirates of the UAE – Dubai and Abu Dhabi – have also announced significant investments in solar farms with large scale projects, a top official sa

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Rosewood Hotels rebrands Jeddah property

Rosewood Hotels and Resorts, an international luxury resort company, has announced that its property in Jeddah, Saudi Arabia, has been renamed as Rosewood Jeddah as part of the company’s brand re-launch.  Formerly known as Ro

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Saudi tops GCC in polymer production

Saudi Arabia has emerged as the biggest producer of polymers in the GCC with a 74 per cent share of the region's total capacity amounting to 17.6 million tonnes, said a report. There was an addition of 2.2 million tons in GCC

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Elaf group marketing tour to target Asian countries

Saudi-based Elaf Group of Companies has witnessed an increase in tourists going on pilgrimage post its recently concluded marketing tour, which was directed to increasing more awareness of the group’s tour package offerings. The m

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PepsiCo opens new snacks plant in Saudi Arabia

PepsiCo, one of the world’s largest food and beverage companies, has opened it all-new snacks plant in Dammam, Saudi Arabia, the group's 15th facility in the Middle East region.   Demonstrating the group's commi

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Railways constitute one-third of GCC transport projects

Rail projects account for 32 per cent of the total GCC transportation developments valued at $298 billion, according to recent reports. Transportation makes up to 20 per cent of the total construction spend in Saudi Arabia where n

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