Saudi Kayan and Daelim sign $290 million construction deal for butanol plant
South Korea's Daelim Industrial Co has signed a 1.1 billion Saudi riyal ($290 million) contract to build a butanol plant...
Business & Economy
Saudi MODON to allocate lands for 600 factories
Saleh Al-Rasheed, director general of Saudi Industrial Property Authority (MODON ), says lands have been allocated to establish 300 factories...
Saudi Arabia tops region in Market sophistication
Saudi Arabia together with the UAE, Qatar and Kuwait lead the Middle East in overall innovation performance, according to the...
GM and Honda to develop hydrogen fuel-cell vehicles by 2020
General Motors and Honda will jointly develop hydrogen fuel-cell vehicle systems over the next seven years, the latest alliance in...
Saudi Arabian Airlines needs 35 more planes to meet growing demand
Saudi Arabian Airlines needs at least 35 new aircraft to beef up its domestic fleet and meet growing demand, said...
Doha Metro lays tracks for new opportunities
Doha Metro, implemented by Qatar Rail, will provide numerous investment opportunities for the country's private sector in construction, operations and...
The Middle East accounts for 4% of global individual wealth
The financial wealth of high net worth individuals (HNWI) around the world reached a record high of $46.2 trillion in...
Saudi Arabia biggest Arab importer of Brazilian products
Sales of Brazilian products to the Arab market rose 0.96 percent in the first five months of the year as...
Saudi oil exports hit 1.27 billion barrels in six months
Saudi Arabia exported nearly 1.27 billion barrels of oil in the first six months of the current year that yielded...
Saudi PPPP 2014 to showcase latest technologies
Investments into Saudi Arabia’s petrochemical sector have reached a staggering SAR 3.6 trillion, making the Kingdom a primary source of...
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