Saudi Arabia produces 67% of GCC's petrochemical output
Petrochemicals production in Saudi Arabia hit 86.4 million tons in 2012, up from 80.5 million tons of capacity in the...
Business & Economy
Japan announces $120 million soft loan to Jordan
Japan will provide Jordan with a budget support soft loan worth approximately $120 million (around JD85 million), according to a...
Qatar Airways orders for 9 B777-300s at Paris Air Show
Qatar Airways has ordered for nine Boeing 777-300 ER (Extended Range) passenger aircraft on the opening day of the Paris...
Saudi banks to gain from sukuk growth
The Saudi sukuk market will continue to grow over the next 12-18 months, a credit positive for Saudi banks, following...
Philippine firms eye Iraqi opportunities
Philippine companies are looking at opportunities for trade and investments in Iraq. Sergio Ortiz-Luis Jr. (pictured), President of the Philippine...
e-commerce in Saudi Arabia likely to grow to $13.3 billion by 2015
e-Commerce in Saudi Arabia is expected to increase in the next two years to SR50 billion ($13.3 billion), bearing in...
Saudi Aramco-Dow JV raises funding for $19 billion project
Sadara Chemical Co, a joint venture between Saudi Aramco and Dow Chemical, has signed a fundraising package for the $19.3...
Qatar raises stake in France's Total to 4.8%
Qatari investors have upped their stake in Total SA (TOT) to 4.8%, said news website Wansquare. According to the news...
UDC to sign $412 million loan deal with Qatar National Bank
United Development Company (UDC), master developer of The Pearl-Qatar, announced its intention to sign a loan agreement facility with Qatar...
Saudi Qasim University recruits 995 professors
The Ministry of Labor has granted the region of Qasim 955 visas to recruit professors from nine countries. The Secretary...
The resource of credible, industry-specific updates