Sunday, 19 May 2013 - 09 Rajab 1434 H
Economy
Recovering real estate markets have prompted renewed impetus to transparency improvements following a slowdown in progress during the financial crisis in 2008 and 2009, a biennial index released Wednesday by Jones Lang LaSalle and LaSalle Investment Management revealed.
Saudi Aramco has signed an agreement to sell its Vale marine unit to Saudi National Shipping Co (Bahri) for $1.3 billion in cash and shares, the two firms said Wednesday
Saudi Arabia’s bourse fell to a five-month low Wednesday on jitters about political uncertainty in the region and weak oil prices, raising investor concerns that the world’s top oil exporter may reduce the size of a $500 billion government stimulus.
Central banks, if they are to avoid an excessive concentration of risks, need to find a way of nudging other policymakers into action, Dr. Jarmo T. Kotilaine, Chief Economist, The National Commercial Bank, Jeddah, said Wednesday.
Thursday, 28 - June 2012
The Shaw Group Inc. announced Wednesday it has been awarded a new contract to implement a fleetwide services program for Saudi Electricity Company (SEC)’s oil and gas-fired power plants throughout Saudi Arabia.
Thursday, 28 - June 2012
Mobile subscriptions in the Middle East grew at a rate of 69,230 new connections per day in the first quarter of 2012, according to Ericsson’s second Traffic and Market Report – On the Pulse of the Networked Society.
Thursday, 28 - June 2012
AWAL IT Services, the leading IT services provider, has participated as the technical sponsor in recently concluded MEDEXPO Saudi Arabia 2012 in Jeddah under the patronage of Dr. Abdullah Bin Abdulaziz Al-Rabeeah, Saudi Minister of Health.
Thursday, 28 - June 2012
Ewaan Global Residential Company has awarded RCC (Ruwad Civil Construction) a contract for the construction of 185 villas in both Phase 1 & 2 of the Alfareeda residential project in North Jeddah.
Thursday, 28 - June 2012
China’s Cabinet announced measures Wednesday aimed at boosting Hong Kong’s anemic economic growth as the semiautonomous territory prepares for a weekend visit by Chinese President Hu Jintao.
Thursday, 28 - June 2012
The boom in Saudi Arabia will increase the number of branded hotel beds available by 58 percent in the next few years, research company STR Global estimates.
Thursday, 28 - June 2012
Saudi Kayan Petrochemical Company, an affiliate of Saudi Basic Industries Corporation (Sabic), has awarded a design contract to Pasadena, California-based Jacobs Engineering Group Inc.
Thursday, 28 - June 2012
The Gulf Cooperation Council (GCC) countries and India are expected to conclude a free trade agreement for boosting trade within a year, K K M Kutty, former chairman of Confederation of Indian Industry (CII-southern region), has said.
Thursday, 28 - June 2012
China’s top refiner Sinopec Corp will cut crude throughput by close to 236,000 barrels per day in July versus an earlier target, curbing production for the second straight month as inventories bulged and margins hurt, industry and trading sources said.
Thursday, 28 - June 2012
The Red Sea Mall is close to entering the Guinness Book of Records by launching the largest ship made of styrofoam.
Makkah
Madinah
Riyadh
Jeddah
Dammam
Abha
Tabuk
