Economy
Experts warn Kingdom subsidies too expensive, threaten oil exports
n Electricity consumption is growing at a rate of 12% this year
Tuesday, 05 - October 2010
JEDDAH: Saudi Arabia expects to see growth in power demand halve after 2015 as the kingdom boosts its capacity, the chief executive of Saudi Electricity
Tuesday, 05 - October 2010
BAGHDAD: Iraq raised its proven oil reserves figure by a quarter on Monday in a bid to match the clout of leading producer Saudi Arabia and strengthen
Tuesday, 05 - October 2010
n Total demand to grow to more than 60,000 megawatt (MW) by 2020 from around 50,000 MW current capacity
Tuesday, 05 - October 2010
LATAKIA, Syria: Turkey has earmarked 180 million euros ($247 million) in loans for Syria to use for infrastructure projects, the Syrian finance minister
Tuesday, 05 - October 2010
Solution GE 7FA Gas TurbineJEDDAH: GE has signed agreements worth
Tuesday, 05 - October 2010
FRANKFURT: A Swiss government panel Monday proposed rules that would require the nation’s two big banks, UBS and Credit Suisse, to hold more capital in
Tuesday, 05 - October 2010
Ecology-friendly The new Reichle & De-Massari AG building at Binzstrasse 32, Wetzikon, Switzerland.
Tuesday, 05 - October 2010
JEDDAH: Saudi M3 money supply growth rises to 2.9% on year the same month a year ago, and SR1.035 trillion in July, according to data posted on SAMA’s
