Tuesday 31 March 2015
 
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Saudi

GCC banks register double-digit growth in 2014

The banking industry in the Middle East maintained double-digit revenue growth in 2014 with a 10 per cent increase, stemming largely from major customer segments such as retail and corporate banking as well as international business and treasury

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Saudi King open to a meeting of all Yemeni parties

Saudi Arabia is open to a meeting of all Yemeni political parties who are willing to preserve Yemen's security and stability, state news agency SPA quoted King Salman as saying in a cabinet statement on Monday. Such a meeting

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No decision yet on sending troops to Yemen: Saudi

Saudi Arabia is focussing on using air strikes to combat Iranian-allied Houthi fighters in Yemen, and has not contemplated sending in ground troops, the country's ambassador to the US told NBC on Sunday morning. "We haven

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Saudi construction boom driving wood demand

The frantic construction work in Saudi Arabia is driving the demand for wood products and has also boosted other related industrial sectors, mainly timber, said a report ahead of an industry event. The Dubai Wood Show, the region&

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Saudi-led air strikes target fresh Houthi military advance

Saudi-led air forces struck a convoy of Yemeni Houthi fighters advancing on Aden from the east on Saturday, residents said, and the Saudi navy evacuated diplomats from the southern port city. The Iranian-allied Shi'ite Muslim

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Diplomats, UN staff flee Yemen amid heavy fighting

Saudi Arabia's navy evacuated dozens of diplomats from Yemen and the United Nations pulled out international staff on Saturday after a third night of Saudi-led air strikes trying to stem advances by Iranian-allied Houthi fighters.

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Mobily launches special postpaid promotion

Etihad Etisalat (Mobily) has launched a major promotion on its Wajed postpaid packages which allows customers an exceptional discount of up to 60 per cent for three consecutive months.   This offer includes a special discount

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Kuwait reassures citizens on strategic food stocks

Kuwait has said that its strategic food stocks were at their highest level, in a message designed to reassure citizens after it joined a Saudi-led military operation in Yemen. "We are continually coordinating with the private

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Saudi Rail signs $4bn deal for Dammam-Riyadh route

Saudi Railways Organisations (SRO) has signed a deal for SR16.02 billion ($4.3 billion) with a branch of China Railway Construction Corporation (CRCC) in Saudi Arabia for the second phase of a main freight route between Dammam and Riyadh which s

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Saudi resumes flights at southern airports in Yemen

Saudi Arabia said on Friday it had gradually resumed flights at its southern airports one day after suspending all traffic as it launched air strikes against Houthi fighters in Yemen. International and domestic flights to and from

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