Saudi GDP seen at healthy 6% in 2012
The global economic picture is expected to remain murky in H2, 2012, as major economies continue to tread water without ...
Country: Kingdom of Saudi Arabia
Saudi Arabia poised to become an active investor in international real estate markets
Sovereign wealth funds (SWFs) in the Middle East are set to continue investing in real estate around the world despite ...
SR444 million water and electricity projects signed
The Minister of Water and Electricity, Eng. Abdullah bin Abdulrahman Al-Hossein, has signed 21 contracts to implement several water and ...
Saudi SEC approves tourism development companies with government participation
The Supreme Economic Council (SEC) has approved the establishment of new tourism development companies with government participation. The SEC's latest ...
20% of Saudi power produced without using fuel
Head of the Saudi Electricity Company Ali bin Saleh Al-Barrak said 20 percent of the country's electricity is currently produced ...
Increase in Saudi cement demand stirs sector growth in Gulf
Cement demand in Saudi Arabia grew strongly by 12.6 percent YoY in 1H12 to 28.0 million tons reflecting the increasing ...
SR1 billion spent on sacrificial meat project
The Saudi government has spent over SR 1 billion on modern automated slaughterhouses of the Sacrificial Meat Utilization Project, said ...
Saudi equity market cap rises to SR 1.42 trillion
The Saudi stock market showed solid performance in August, half of which was marked by the fasting month of Ramadan ...
Quadrupling Saudi broadband speed to boost GDP over $3 billion
Quadrupling the speed of broadband in Saudi Arabia has the potential to contribute an additional 0.6 percent to the nation’s ...
Five working days agreed for the private sector in Saudi Arabia
The National Committee of Workers and businessmen have agreed on providing two-day weekly off for employees in the private sector, ...
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