Sunday 2 October 2016
 
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Saudi Arabia

Saudi Arabia working on $300bn infrastructure projects

Defying the global and regional trends of recession, Saudi Arabia is currently executing projects worth $300 billion, spanning the power and water, transport and hydrocarbons and construction sectors, said a report. Under the ambitious

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Saudi Arabia commercial vehicles market to grow at 9pc by 2021

The Saudi Arabian market for commercial vehicles is projected to grow at a compound annual growth rate (CAGR) of over 9 per cent during 2016 – 2021, according to report by TechSci Research, a research based global management consulting fir

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Saudi cbank asks banks to reschedule consumer loans

Saudi Arabia's central bank has asked local banks to reschedule consumer loans after the government cut bonuses and other financial perks for public sector workers, local media reported on Thursday. The cabinet announced this

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PetroRabigh construction delay to raise project cost

Saudi Arabian petrochemical company PetroRabigh said on Thursday it would again delay completion of an expansion project, raising the cost of the project to SR34 billion ($9.1 billion). Completion will be postponed by at least six

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PetroRabigh construction delay to raise project cost

Saudi Arabian petrochemical company PetroRabigh said on Thursday it would again delay completion of an expansion project, raising the cost of the project to SR34 billion ($9.1 billion). Completion will be postponed by at least six

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PetroRabigh construction delay to raise project cost

Saudi Arabian petrochemical company PetroRabigh said on Thursday it would again delay completion of an expansion project, raising the cost of the project to SR34 billion ($9.1 billion). Completion will be postponed by at least six

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Saudis soften oil stance; Opec deal likely in Nov

Opec might still agree an oil output-limiting deal later this year after failing to do so in Algeria this week as the group's de-facto leader Saudi Arabia softens its stance towards Iran. Saudi Energy Minister Khalid al-Falih

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Saudi sends strong message with cut in wage, benefit bill

Saudi monarch King Salman bin Abdulaziz Al Saud's decision to slash ministerial pay by a fifth reflects the kingdom's resolve to nudge its citizens into tolerating a fall in living standards at a time of low oil prices, said experts.

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Saudi sends strong message with cut in wage, benefit bill

Saudi monarch King Salman bin Abdulaziz Al Saud's decision to slash ministerial pay by a fifth reflects the kingdom's resolve to nudge its citizens into tolerating a fall in living standards at a time of low oil prices, said experts.

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Saudi Arabia cuts public sector bonuses

Saudi Arabia's government has decided to curb to some financial perks for public sector employees, according to a live broadcast of the cabinet's weekly meeting. "The cabinet has decided to stop and cancel some bonuse

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