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Saudi Arabia is expected to begin the exploitation of its shale gas resources. Aramco is engaged in talks for the acquisition of 40 extra rigs to supplement its plans for shale gas operations. The government has not made any official Read more
Reports are emerging that the mastermind and Chief of Saudi Arabia’s spy ring, Prince Bandar bin Sultan bin Abdulaziz Al Saud, who was active in the ousting of President Morsi in Egypt is working on plans to carry out a Read more
Ibrahim al-Rubaish, a Saudi Arabian and a top member of Al-Qaeda, has pointed fingers at King Abdullah accused of helping the secular forces in Egypt and those who are fighting against Allah. He is considered to be the chief of Read more
The promotion of fair competition has taken a new turn in Saudi Arabia after the Council of Ministers gave a positive nod to the new law. In the same vein, the organization tasked with overseeing competitive fairness has been renamed Read more
Gulftainer, the largest port operator in the Middle East in terms of number of terminals, is planning to invest $200 million in Saudi terminals after having successfully acquired the Gulf Stevedoring Contracting Company (GCSCCO). According to a statement by Peter Read more
The Middle East Respiratory Syndrome or MERS is the single biggest public health threat according to WHO Director-General Dr. Margaret Chan. MERS is a mysterious new respiratory virus and is very contagious between people. Considered to be in the same Read more
If the quotes of a prominent Saudi businessman are anything to go by, a number of the gulf state’s investors may be obliged to pull their investments out of Egypt by the year-end, according to the business daily, Al-Eqtisadiah. Current Read more
Ernst & Young’s quarterly report on “Renewable Energy Country Attractiveness Indices” which ranks forty countries based on their renewable energy markets has highly ranked Saudi Arabia, Egypt, and Morocco above all the other countries in the Middle East and North Read more
The Kingdom of Saudi Arabia has partnered with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), to boosts its potentials in the renewable energy sector with plans to further increase the energy it generates from the sector. More Read more
Very recently, Saudi Arabia has decided to be stricter on the regulation on foreign labor. According to their law, a foreign worker can get a visa only if sponsored by his employer, but most of the expatriates change often their Read more