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Perspectives On The Saudi Arabian
Energy Industry
The following is the text of the
keynote address delivered by Prince Faisal ibn Turki ibn 'Abd
al-'Aziz, Advisor at Saudi Arabia’s Ministry of Petroleum and
Mineral Resources, at The Development of Middle East Energy
conference sponsored by the Royal Institute of International
Affairs, Chatham House, London, 12 February.
Arafat Day on March 4
The
standing at Arafat, the climax of the annual pilgrimage, will be on
Sunday, March 4, the Supreme Judiciary Council announced yesterday.
The
standing at Arafat, some 15 km east of Makkah, is held on the 9th of
Dul Hijjah, the second day of Haj, which starts March 3.
The
Council said the new Hijri month of Dul Hijjah started on Saturday
Feb. 24 and Eid Al-Adha would be celebrated on Monday, March 5.
(SPA)
GCC, EU ministers to hold free trade talks in
Bahrain
Foreign ministers of the Gulf
Cooperation Council countries and the European Union will meet in
Bahrain on April 23-24 in a renewed bid to promote trade and
investment relations. The two sides will also examine the
possibility of endorsing a free trade agreement.
KSA Rank 1st in
foreign investment among Arab states
Saudi Arabia attracted the highest
level of foreign investment in the Arab world last year at $4.8
billion, or 54.7 percent of the total investment in the region,
according to the latest issue of Saudi Economic Bulletin, released
here by the Saudi British Bank.
Arab News goes
online today
Arab News goes online today in its
continuing service to its readers worldwide by keeping them informed
about the latest developments in Saudi Arabia. Khaled Al-Maeena,
editor in chief of Arab News, hoped that www.arabnews.com
would become an independent e-newspaper soon.
March 1st,
2001
Internet site on Haj to be launched
Makkah Governor Prince Abdul Majeed will attend the formal launching
of “Bawwabat Al-Haj” or the Haj Portal on the Internet, at the
Principality Building in Mina on Saturday after Maghreb prayers. Dr.
Fahd ibn Abdul Aziz Al-Tuwaijri, director general of the Hafr Co.,
which is responsible for developing the website, said the site www.tohajj.com
would be a present from the company to the guests of Allah.
March
1st,
2001
1.3
MILLION
PILGRIMS ARRIVE IN THE KINGDOM
A record 1.5 million people from
abroad are expected to perform Haj this year, according to Haj
Minister Iyad Madani. The Passports Department said more than 1.3
million people have already arrived from abroad for the annual
pilgrimage starting Saturday.
March 1st,
2001
Jordan Israel
trade soars
Trade volume between Israel and
Jordan grew by over 80 per cent last year, despite the political
violence during the Q4 period according to a statement from the
Israeli embassy in Amman. Israeli exports to Jordan stood at
USD38.5m in 2000, an 83 per cent jump, and Jordanian exports to
Israel leaped 80 per cent to USD37m.
February 22ed,
2001
Bahrain mulls
USD2bn Syrian deals
Director of the Syrian investment
office, Mohammad Sarakbi told Reuters that Syria was discussing
investments worth USD2bn with Bahraini businessmen, including a
USD1.3bn aluminum smelter and private bank. Lebanese investors are
also interested in the banking sector, he said.
February 20th,
2001
King Abdul Aziz National Guard Medical City to be inaugurated
Crown Prince Abdullah bin Abdul Aziz,
the Deputy Premier and Commander of the National Guard, is to
patronize here on Wednesday the inauguration of the King Abdul Aziz
National Guard Medical City.
February 20th,
2001
STC inks USD667m
loan
Saudi Telecommunications has
completed the USD667m four-year loan announced last December with a
syndicate of regional banks. Mandated banks are Arab National Bank,
Riyad Bank, Saudi British Bank and Arab Bank. Also in the syndicate
are Citibank, Al Jazira Bank, Saudi Investment Bank, Saudi Hollandi
Bank and the Arab Investment Company. The loan is for Telecoms and
Internet infrastructure.
February 19th,
2001
USD2.2bn
Sumitomo, Saudi funding
Sumitomo is setting up a
Saudi-Japanese consortium to finance a USD2.2bn power and desalinization
plant in the Kingdom, reported the Arab News. Officials said 15
Japanese firms were involved and a number of Saudi banks. Sumitomo
won the concession to build the plant in Jubail Industrial City last
month, and is now finalizing the funding package.
February 18th,
2001
Water
Desalination projects in Saudi Arabia
The Saline Water Conversion
Corporation has announced that, in 1419/1420 AH, there were 27
desalination stations in the Kingdom of Saudi Arabia, producing 775
million cubic meters of desalinated water, providing more that 70
per cent of the required drinking water.
Projects at the
Holy Places of Arafat and Mina
In line with the directives of the
Custodian of the Two Holy Mosques King Fahd bin Abdul Aziz, the
Ministry of Public Works and Housing implemented this year a number
of new projects at the Holy Places of Arafat and Mina, at a total
cost of more than SR 700 million.
Electricity generation in Saudi
Arabia
The real electricity generating
capability is expected to reach 70,000 megawatts by the year 1440
AH, according to reports published recently by the Ministry of
Industry and Electricity.
Girls’ education in Saudi Arabia
According to statistics published by the
General Presidency of Girls' Education, in 1420 AH, there were more
than 2 million female students and 200,000 female teachers and
administrators at more than 13,000 educational institutions.
SGI MENA
SGI will give businesses in Saudi Arabia a firsthand look at its
new, next-generation Intel® processor-based workstations and
servers, at the upcoming 'Saudi Computer 2001.'
February 18th,
2001
Acer
Computer (M.E.) Ltd.
Acer Computer (M.E.) Ltd., together with its value added authorized
partners, AlAlamiah Electronics, Hoshanco, and Electronic Concept
will be demonstrating its superior line of next generation computer
notebooks and desktops at Saudi Computer 2001 show.
February 18th,
2001
Saudi
construction booms
Saudi Arabian construction contract awards boomed by 48.5 per cent
to USD2.8bn in the first three quarters of the year 2000, according
to figures published by the National Commercial Bank. The Bank
forecasts total construction spending of USD64.3bn over the next
three years. It highlighted increased oil revenues and structural
reforms to the economy as reasons to be optimistic.
February 1st, 2001
GM sales up 50
per cent
General Motors reported that its Middle East sales surged by 50 per
cent last year to 42,000 vehicles. The group said its USD100m
investment in new premises and customer care program had boosted
sales beyond the level of upturn seen in the general market.
February 1st, 2001
Just in......
Six
technical colleges to be established in Saudi Arabia
28th Feb 2001
SAUDI
BUSINESSMEN CONFERS WITH YEMENI COUNTERPARTS
27th
Feb 2001
KINGDOM, AUSTRIAN MAINTAIN STRONG TRADE TIES
27th
Feb 2001
1,273,825 PILGRIMS ARRIVE IN THE KINGDOM
27th
Feb 2001
Saudi Arabia gears up for Muslim pilgrimage.
26th Feb
2001
Saudi Minister of Health allayed pilgrims' fears of Rift Valley
Fever, Ebola and Meningitis
26th
Feb 2001
Saudi Arabia says Khobar bombing probe not over
26th Feb
2001
25th
Feb 2001
Orbit signed licensing contracts to foster the development of
interactive TV in the Middle East.
24th Feb 2001
U.S. SECRETARY OF STATE PRESS BRIEFING ON MIDDLE EAST VISIT
24th Feb 2001
EPSON
won a major order from the Saudi Ministry of Education.
24th Feb 2001
Increase
in the number of pilgrims
23rd Feb 2001
Saudi
Arabia's development in all sectors
23rd Feb 2001
LG Electronics records 15 per cent sales growth
21st Feb 2001
Syrian-Saudi
Commission condemned the recent U.S.-British air strikes against
Baghdad
21st Feb 2001
Recalling 1,150 tons of Under cooked chicken products.
21st Feb 2001
Number
of pilgrims arriving in Saudi Arabia
20th Feb 2001
3,381
factories with invested capital reached SR239 billion
20th Feb 2001
SR
2 billion Investment in Jiad Citadel in Makkah
20th Feb 2001
SAA
transported 1,285,000 passengers to and from Madinah
20th Feb 2001
Record number of pilgrims from the
Sultanate of Oman
19th Feb 2001
Pilgrimage residence visas spark huge demand
in
Abu
Dhabi
19th Feb 2001
Negotiators
held talks with oil giants.
18th Feb 2001
A
Briton fighting extradition from Dubai to Saudi Arabia
18th Feb 2001
The
Saudis expressed interest in investing in Pakistan
17th Feb 2001
17th Feb 2001
Hankook to study Jebel Ali distribution
center
16th Feb 2001
BMW's Middle
East sales rose 8.1 per cent
15th Feb 2001
Saudi
finance institutions give SR 266 billion in three decades
14th Feb 2001
14th Feb 2001
Agriculture
flourishes in Saudi Arabia
14th Feb 2001
BMW's Middle
East sales rose 8.1 per cent
15th Feb 2001
Saudi
finance institutions give SR 266 billion in three decades
14th Feb 2001
14th Feb 2001
Agriculture
flourishes in Saudi Arabia
14th Feb 2001
Saudi
public relations firm takes over Quantum
13th Feb 2001
Saudi
Arabia has no intention of exporting gas in the foreseeable future
13th Feb 2001
Saudi
Arabia's progress in higher education
13th Feb 2001
TELECOMMUNICATIONS
NETWORK REGISTERS UNMATCHED GROWTH
12th Feb 2001
MEETING
OF THE SUPREME ECONOMIC COUNCIL
11th Feb 2001
NUMBER
OF COMPANIES REACHED 9, 813 WITH AN INVESTED CAPITAL OF SR.169.3
BILLION.
11th Feb 2001
650,000 HEADS OF SHEEP FOR THIS YEAR'S PILGRIMAGE SEASON
11th Feb 2001
MINISTER OF COMMERCE RECEIVES JORDANIAN OFFICIALS
11th Feb 2001
CONTRACT FOR SAUDI EMBASSY PREMISES IN PRAGUE SIGNED
11th Feb 2001
Economic Investment Forum
8th Feb 2001
Dairy
firm in UAE says market battle eases sharply
8th Feb 2001
Saudi government completed a 2.4 billion Saudi riyal project
8th Feb 2001
The U. S. has opened a dialogue with Arab and
Israeli leaders
8th Feb 2001
U.S. Presidential travel to the Mideast
8th Feb 2001
SABIC
posted SR3.63 billion profit in the year 2000
7th Feb 2001
Reaction
in the Arab world to the election of Ariel Sharon
7th Feb 2001
Energy
Policy Foundation annual conference
7th Feb 2001
SEC to
be responsible for the
privatization program.
5th Feb 2001
Saudi
private sector registers 2.4% growth
4th Feb 2001
Water
project to be executed in the Baha region
4th Feb 2001
GULFWIRE
TALKS WITH SAUDI ARABIAN CROWN PRINCE ABDULLAH
4th Feb 2001
The
three Westerners confessed to the bombings.
4th Feb 2001
$3
Billion Israeli-Egyptian Gas Deal
1st Feb 2001
Samba
nets USD534m
31st Jan 2001
Prince
Alwaleed has upped his stake in New York's Plaza Hotel
31st Jan 2001
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