Saudi
British Bank goes online
June 10th, 2001- Saudi
British Bank is to open its SABBNET Internet bank offering transfer of
money between accounts, credit card information, bank statements,
forex rates and personal loan applications, reported ITP.net. Managing
director David Hodgkinson said the bank aimed to provide customers
with a choice which meets their increasingly sophisticated
requirements through a variety of channels.
Courier service to
handle requests for traffic services
RIYADH, 2 June —
The traffic department has authorized a courier service company to
accept applications from Saudis and expatriates for various services.
SNAS Worldwide Express will receive applications for renewal of
driving license and registration card, transfer of car ownership and
exchange of old number plates, and will take them to the concerned
traffic office for processing.
Saudi
lion’s share of Arab trade
May 30th, 2001-Oman, Saudi Arabia and the
UAE shared 47.2 per cent of inter-Arab trade in 1999. An Egyptian
Ministry of Energy and External Trade report said Saudi Arabia's
exports to other Arab states were 53.2 per cent of total inter-Arab
exports, with the UAE at 41.1 per cent and Oman at seven per cent.
Saudi imported 15.4 per cent of total inter-Arab imports, the UAE 11.5
per cent and Oman 10.8 per cent.
Banks,
USD25bn Saudi gas role
May 31st, 2001-Regional and international
banks are queuing up for a role in the USD25bn foreign investment in
the Saudi gas sector. Yesterday Saudi finance and economy minister
Ibrahim Al Assaf told a conference in Riyadh that the gas initiative
was having a tremendously positive impact on the economy. Bankers said
the huge liquidity of Saudi banks would allow them to take an active
role in funding the projects
New draft
Saudi stock market law
May 31st,
2001-A draft law to regulate the Saudi stock market to enforce modern
standards of disclosure and transparency could be issued before the
end of the year, officials of the Saudi Monetary Authority told
Reuters. They said the new law would assist the raising of capital for
some of the major projects now underway in the Kingdom. Economists
reckon Saudis hold up to USD1tn abroad, which could be repatriated for
local investment.
NCB launches
online brokerage
May 30th, 2001-The National
Commercial Bank has launched an online brokerage service for
international securities in partnership with the Pershing division of
Donaldson, Lufkin and Jenrette which was acquired last year by Credit
Suisse. The brokerage, www.alahli.com,
also offers access to online research, news and stock quotes.
Saudi food
merger
May 30th, 2001-Saudi
Arabia's Food Products Company approved an offer in principle from
Ajwa Group of Food Industries to merge to form a regional food
production and marketing company worth USD160m, Reuters reported. Food
Products said its board had agreed to merge in order to boost the
company's competitive edge.
Kingdom cuts import
duties to 5 percent
JEDDAH, 28 May — Saudi Arabia
yesterday slashed customs tariffs on imports from 12 to five percent
in a move widely welcomed by businessmen as a major boost to the
country’s economy that would strengthen the Kingdom’s competitive
edge. (full
story).
A
NEW PETROCHEMICAL COMPLEX IN JUBAIL
7th Jun 2001
CROWN
PRINCE ABDULLAH MEETS GERMAN BUSINESSMEN
7th Jun 2001
Exxon
wins lead role in South Ghawar, Shell gets Shaybah
3rd Jun 2001
French
firm wins power plant deal
3rd Jun 2001
Foreign Ministers of GCC conclude their meeting
3rd Jun 2001
Kingdom
to decide on Canada exhibition
2ed Jun 2001
Prince Saud holds press conference tomorrow-Saudi Gas Deals
2ed Jun 2001
Exxon, Shell Set to Win Saudi Gas Deals
2ed Jun 2001
GIA
to expedite visas for foreign businessmen
31st May 2001
A
draft income tax law is under consideration
30th May 2001
The Golden Sword Award 2001 Won by Kraft Foods
30th May 2001
Royal decree appointing prince Turki bin Sultan bin Abdulaziz as
Assistance Minister of information
30th May 2001
Local Press Comments
30th May 2001
King Fahd orders disbursements to farmers
29th May 2001
Conference on Kingdom's economy opens
29th May 2001
Cases of Rift Valley Fever in Saudi Arabia
29th May 2001
Numbers of members of Senior Ulema Panel announced
29th May 2001
Latest figures on Foot and Mouth disease in Saudi Arabia
29th May 2001
The
leaders of the gas project to be named by June 3
28th May 2001
OPEC Oil prices rise over 90 Cents
28th May 2001
“Saudi
Arabia: Financing the Future” conference
28th May 2001
The
first Islamic countries trade exhibition in Jeddah on June 9
28th May 2001
New
U.S. Embassy Procedures for Nonimmigrant Visa Applications
28th May 2001
College of Tourism and Hotel Management to conduct various activities
this summer
28th May 2001
Japanese
to set up SR80m automobile institute in Jeddah
27th May 2001
customs fees on imported goods Slashed down from %12to % 5
27th May 2001
Saudi
Chevron changes name after merger with Phillips
27th May 2001
Saudi
Advanced Electronics Company signs deal
26th May 2001
Royal Decrees on senior governmental appointments issued
24th May 2001
King Fahd thanks members of Shoura Council
24th May 2001
Large quantities of white sand discovered in Tabuk region
23rd May 2001
The
Kingdom of Saudi Arabia has been named as a member
of the executive council of the World Health Organization (WHO.)
23rd May 2001
seminar
on “business opportunities in Malaysia”
23rd May 2001
Stuttgart seminar to draw investors in big numbers
22ed May 2001
Incentives designed to boost Saudi investment in Malaysia
22ed May 2001
French trade mission arrives in Riyadh
21st May 2001
Saudi-Malaysian seminar opens
21st May 2001
Mining
concessions granted
RIYADH, 22 May — The
Shoura Council yesterday decided to award the Tabuk Cement Company
concession to exploit gypsum from the Raghafa Hills in Dhuba. It also
endorsed a request from Saudi Arabian Mining Company (Maaden) for
concession to exploit gold ore and associated metals in Balgha in
Qassim. This was disclosed by Dr. Hamoud Al-Badr, secretary-general of
the consultative body. The meeting was chaired by Shoura President
Muhammad ibn Jubair.
Air-India
launches direct flight to Calicut
The
launch of the first nonstop flight from Jeddah to Calicut last night.
Mr. Samir S. Maddah, deputy director general of the KAAIA, cut the
ribbon to mark the formal launch of Air-India’s second nonstop
flight from Jeddah to India in a span of five days.
Stone laid for
Jizan technical college
JIZAN, 22 May
— Jizan Governor Prince Muhammad ibn Nasir laid the
foundation stone for a SR78 million technical college here yesterday
designed to provide education to 3,300 students annually. Muhammad ibn
Suleiman Al-Dhalaan, governor of the General Organization for
Technical Education and Vocational Training, said the college’s
capacity could be increased to 6,000 students. He said in the initial
stage the college would offer studies in general topics, mechanics and
electronics. In the second phase, courses in electrical, chemical and
construction engineering, trade and management will be offered.
$1b
tourism project to be set up in Bahrain
20th May 2001
Only
citizens can join labor unions
20th May 2001
Saudi businessman has denounced the French authorities
20th May 2001
Shoura Council to be revamped this week
20th May 2001
Kingdom’s first authorized Application Service Provider
20th May 2001
AEC, Lucent ink SR75m deal to produce electronic parts
20th May 2001
France keen to invest in manufacturing sector
20th May 2001
Officials
expect tourism revenue to double this year
19th May 2001
Shoura
Council approved the agreement between the Kingdom of Saudi Arabia and
Syria.
19th May 2001
Companies
to invest in Saudi gas sector approved
18th May 2001
Supply
of jet fuel at cheaper rate to all airlines operating at KFIA
17th May 2001
Saudi Aramco plans major oil, gas development projects
17th May 2001
The Aqaba economic region conference
17th May 2001
Tunisian industry minister receives Saudi Business men delegation
17th May 2001
Joint giant Petrochemical plant in Alexandria province
17th May 2001
Saudi Arabia welcomed Yemeni workers
17th May 2001
Investments
in new gas projects could boost diversification
16th May 2001
Saudi Arabia to participate in Algerian International Exhibition
16th May 2001
Prince Abdul Majeed opens tourism show
15th May 2001
Prince Abdul-Majeed opens jewellery show
15th May 2001
Army
Dreams of Grunt of the Future
15th May 2001
Arabs
R&D spending stands at 0.2%
15th May 2001
Shoura OKs bill to allow foreign investors in telecom sector
15th May 2001
Businessmen
on 10-day Tunisia visit
15th May 2001
Mandatory
car insurance discussed
15th May 2001
Passenger traffic at Saudi airports increases by 2.57 percent
12th May 2001
Security
authorities in Saudi Arabia
"Lead to bomb attack found"
11th May 2001
GCC Finance Ministers to hold meeting with IMF official
11th May
2001
Combined
profits of Saudi cement companies rose 37.1
percent in the first quarter of 2001
11th May
2001
Dr.
Al-Assaf arrives in Bahrain
11th
May 2001
Al-Hujeilan arrives in Bahrain
11th May
2001
Saudi
Minister of Finance meets IMF representative
10th May
2001
Saudi
and Moroccan information cooperation program
10th May
2001
Saudi
ambassador to UK opens Saudi exhibition
9th May
2001
Saudi
oil minister honored in New York
8th May
2001
An Arab
children website on the internet
8th May
2001
Foot-and-Mouth
disease in Saudi Arabia: status report
8th May
2001
Banning imports of modified cars.
7th May 2001
Automatic
customer service for mobile phone users
5th May 2001
Preparations
for The e-commerce conference
5th May 2001
PRINCE SULTAN COLLEGE TO HOLD SYMPOSIUM
5th May
2001
FINANCIAL CONFERENCE TO BE HELD IN BAHRAIN
5th May
2001
PRINCE ABDUL
MAJEED INAUGURATES E-HEALTH CONFERENCE
MAJEED INAUGURATES E-HEALTH CONFERENCE
5th May 2001
Islamic Development Bank money for Palestine
3rd May 2001
Prince Sultan bin Salman in UAE discusses tourism
3rd May 2001
Cooperative
society for the Kingdom’s date producers and manufacturers
3rd May 2001
PRESS COMMENTS
3rd May 2001
E-commerce conference schedule announced
2ed May 2001
SABIC
inks 3-year supply deal with Korean company
2ed May 2001
Official statement on letter-bomb blast
2ed May 2001
| 
Get Stock Quote: Enter Symbol(s)