Saturday 23 May 2015
 
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Saudi Arabia

Shangri-La to open first property in Saudi Arabia

Assila Investments, a diversified holding company based in Saudi Arabia, has reached an agreement with Shangri-La International Hotel Management to open its first property at Jeddah in Saudi Arabia. The duo has signed a deal for t

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Saudi Arabia rewrites oil game with refining might

Saudi Arabia's rapid transition into one of the world's largest oil refiners has added an extra dimension to the oil exporter's role as the driver of Opec (Organization of the Petroleum Exporting Countries) policy, say experts.

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Saudi market capitalisation growing at 10pc

Total market capitalisation in Saudi Arabia registered a compound annual growth rate (CAGR) of 10 per cent during 2009-13 to $467.5 billion, while the number of listed companies rose from 135 to 163 in the same period, a top official said.

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Saudi Arabia, partners turn down Chinese requests for extra oil

Saudi Arabia and its main Middle East Opec partners are turning down Chinese requests for extra oil as they hold back fuel for their own refineries just as demand from the world's biggest crude importer hits new records.  

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Saudi PVC market on track to top $890m by 2020

Continuing growth in the construction industry coupled with favourable government policies will drive Saudi Arabia’s PVC (polyvinyl chloride) market to reach $892 million by 2020, a report said. Rigid as well as flexible PVC

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Saudi PVC market on track to top $890m by 2020

Continuing growth in the construction industry coupled with favourable government policies will drive Saudi Arabia’s PVC (polyvinyl chloride) market to reach $892 million by 2020, a report said. Rigid as well as flexible PVC

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Saudia to add over 80 planes in major expansion

National carrier Saudi Arabian Airlines (Saudia) plans to add more than 80 planes to its fleet by 2020, expanding its size by over two-thirds, a top executive was quoted as saying by state news agency SPA. Director-general Saleh b

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Saudi advertises for 8 executioners

Saudi Arabia is advertising for eight new executioners, recruiting extra staff to carry out an increasing number of death sentences, usually done by public beheading. No special qualifications are needed for the jobs whose main ro

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Saudi March crude exports hit 7.89mbpd, highest in years

Saudi Arabia's crude exports rose in March to their highest in almost a decade, official data showed on Monday, a sign of unexpectedly strong global demand as the top oil exporter revved up its output to the loftiest rate on record.

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Saudi Arabia to welcome new Hyatt brands

Hyatt Hotels, a leading hospitality group, has revealed that a Hyatt affiliate has entered into an agreement with Abdulelah Mohammed Ali Maghrabi Commercial Est. for a Hyatt Place hotel and a Hyatt House hotel in Jeddah, Saudi Arabia. T

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