SABIC to open 4 new technology and innovation facilities
Saudi Basic Industries Corporation ( SABIC ) will launch four new state-of-the-art technology and innovation facilities in 2013, two in...
Business & Economy
E-traffic services launched in Saudi Arabia
The Traffic Department launched a number of e-services that would enable the public to access most traffic related services through...
58 new aircraft boost Saudia services
Saudi Arabian Airlines has transported more than 24 million passengers in 2012, said Khaled Al-Molhem, its director general. "We have...
Two Qatari firms make into the Global 500 for 2012
Driven by banks, the total value of the world's largest 500 listed companies, measured by market capitalization, increased by 13%...
Qatar spent $6 billion on education
Qatar's thrust on quality education was reflected in the country's huge allocation of $6.04bn for the sector in 2012, a...
Budget paves way for fast-tracking Omani rail program
Public transport in Oman has been earmarked for a major funding boost under the 2013 budget, and a planned national...
Qatar eyes $50 billion yearly savings to boost reserves
Qatar expects to save about $50bn each year until 2017 to take its international reserves -- including sovereign wealth assets...
Saudi King proposes to add $10 billion into funds for Arab investment
Minister of Foreign Affairs Prince Saud Al-Faisal said that the initiative of Custodian of the Two Holy Mosques King Abdullah...
GCC to boost aluminum output by 40%
With global demand for aluminum estimated to increase and reach 70 million metric tons per year by 2020, GCC countries...
Beirut-based luxury car firm launches world’s first ‘hypercar’
The Beirut-based car company W Motors has completed the first prototype of its $3.4 million “ultra-luxury hypercar” and is gearing...
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