Energy

KSA: Saudi pushes $109bn solar project to 2040 »

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11:58 am | The agency responsible for Saudi Arabia’s renewable energy program which includes a $109billion solar power project has told a conference in Dubai that the project will be delayed by eight years after a…

Jan 23 2015 / No Comment / Read More »
Gulf News

KSA: King Salman’s organizes executive after a week »

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04:49 pm | After almost a week as the new king of Saudi Arabia, Salman has signed more than 30 decrees amongst…

Jan 31 2015 / No Comment / Read More »

Kuwait cuts budget by 18%, blames oil prices collapse »

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11:36 am | Kuwait has started to feel the pinch of oil prices collapse as evidenced by the cabinet’s decision to cut…

Jan 27 2015 / No Comment / Read More »

Times are difficult, prices must go up, Omani Minister »

oman

01:07 pm | Oman’s Oil Minister Mohammed Al-Rumhy has strongly criticized the Organization of Petroleum Exporting Countries (OPEC) for maintaining their level of production…

Jan 22 2015 / No Comment / Read More »

Saudi Arabia Awards $ 314 Mln Contract to Spanish Company for Transportation Project »

Siemens baut fahrerlose U-Bahn in Riad / Siemens builds driverless metro system in Riyadh

11:41 am | Spanish company Indra will provide Saudi Arabia contactless ticketing systems for a new public transportation project currently under construction…

Jan 20 2015 / No Comment / Read More »

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KSA: King Salman’s organizes executive after a week »

04:49 pm | After almost a week as the new king of Saudi Arabia, Salman has signed more than 30 decrees amongst which is the reshuffling of the cabinet, the merging of the Education Ministry and Higher Education Ministry and also brought an end to the Supreme Council for Petroleum and Minerals Affairs by replacing it with a…

Jan 31 2015 / No Comment / Read More »
ksa1

KSA: King Salman’s organizes executive after a week »

04:49 pm | After almost a week as the new king of Saudi Arabia, Salman has signed more than 30 decrees amongst which is the reshuffling of the cabinet, the merging of the Education Ministry and Higher Education Ministry and also brought an end to the Supreme Council for Petroleum and Minerals Affairs by replacing it with a…

Jan 31 2015 / No Comment / Read More »
ksa1

KSA: Saudi pushes $109bn solar project to 2040 »

11:58 am | The agency responsible for Saudi Arabia’s renewable energy program which includes a $109billion solar power project has told a conference in Dubai that the project will be delayed by eight years after a review of the outlook. Riyadh wants to mastermind the knowhow of solar panels before investing such an amount of money. In 2011,…

Jan 23 2015 / No Comment / Read More »
ksa-solar-projects

Egypt and Libya boycott meeting chaired by AU’s Dlamini-Zuma »

12:51 pm | The invitation of Qatar and Turkey to take part in a ministerial meeting of the International Contact Group for Libya (ICG-L) was disapproved by Egypt and Libya prompting them to boycott the meeting. Monitored repots claimed that the two countries were invited by the chair of the Commission of the African Union (AU), Nkosazana Dlamini-Zuma,…

Jan 30 2015 / No Comment / Read More »
egypt-libya

Iraq facing financial crisis, Saudi Arabia held responsible »

04:00 pm | Iraq is frowning at Saudi Arabia’s persistence to maintain the global oil supply rate as oil prices continue to fall. Vice President Nuri al-Maliki said Riyadh’s foreign policy which uses oil as a weapon has dragged Iraq into financial crisis. Oil rich Saudi Arabia has stressed its resolve to maintain its stance irrespective of the…

Dec 26 2014 / No Comment / Read More »
iraq-facing-problems-finance

Gulf News

ksa1

KSA: King Salman’s organizes executive after a week »

04:49 pm | After almost a week as the new king of Saudi Arabia, Salman has signed more than 30 decrees amongst which is the reshuffling of the cabinet, the merging of the…

Jan 31 2015 / No Comment / Read More »

Kuwait cuts budget by 18%, blames oil prices collapse »

kuweit-1

11:36 am | Kuwait has started to feel the pinch of oil prices collapse as evidenced by the cabinet’s decision to cut the next budget…

Jan 27 2015 / No Comment / Read More »

Times are difficult, prices must go up, Omani Minister »

oman

01:07 pm | Oman’s Oil Minister Mohammed Al-Rumhy has strongly criticized the Organization of Petroleum Exporting Countries (OPEC) for maintaining their level of production despite the continuous…

Jan 22 2015 / No Comment / Read More »
Saudi Arabia Awards $ 314 Mln Contract to Spanish Company for Transportation Project » Bahrain: Salman accused of planning coup d’état » GCC Economies to Grow 4-5 pc for Next Three Years (Report) » Kuwait and Bahrain call for strong GCC cooperation and coordination » Bahrain: Arrest of al Wefaq leader will complicate Kingdom’s security »

Finance

Saudi Arabia Donates $35 Mln to Help Western Africa fight Ebola »

King-of-Saudi-Arabia

04:52 pm | King Abdallah Bin Abdelaziz of Saudi Arabia has donated $35 million to help Western African countries fight the deadly Ebola virus which…

Dec 12 2014 / No Comment / Read More »

KSA: $60bn investment planned in Petrochemicals ahead of Trade Fair »

ptrochimicals-ksa

04:10 pm | A report has hinted that Saudi Arabia is getting ready to invest more than $60 billion in petrochemical projects while the plastic…

Nov 25 2014 / No Comment / Read More »
Kuwait : Central Bank lifts ban on trading derivatives » KSA : Saudi’s biggest banks to follow Islamic banking » IMF hails Lebanon despite regional challenges » Bahrain-Saudi 2nd causeway estimated around $5bn » MENA: Goldman Sachs plans return to Islamic finance »
iraq-facing-problems-finance

Iraq facing financial crisis, Saudi Arabia held responsible »

04:00 pm | Iraq is frowning at Saudi Arabia’s persistence to maintain the global oil supply rate as oil prices continue to fall. Vice President Nuri al-Maliki said Riyadh’s foreign policy which uses…

Dec 26 2014 / No Comment / Read More »

World News