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Discovering Business | Saudi Port Expansion
There are nine principal ports in Saudi Arabia, of which five, Dhiba, Yanbu Commercial Port, Yanbu Industrial Port, Jeddah and Jazan on the Red Sea coast, with the other four, Ras Al-Khair, Jubail Industrial Port, Jubail Commercial Port and Dammam, on the Persian Gulf
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UAE, Saudi Arabia, Egypt among top 10 countries with high diabetes rates
Despite the UAE, Saudi Arabia and Egypt being among the top 10 most prevalent countries for diabetes, the vast majority of those surveyed are still using white sugar as part of their daily diet, a Nielsen study commissioned by Splenda low calorie sweetener revealed.
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Saudi Arabia, Tajikistan to join Beijing-backed development bank
Saudi Arabia and Tajikistan will join 24 other nations as founding members of the Asian Infrastructure Investment Bank, China's Ministry of Finance said on Tuesday. The entry, which China said was approved unanimously by the other founding members of the China-backed multilateral lender, brings the total number of founder nations intending to join the $50-billion bank to 26, according to statements published on the ministry's website, www.mof.gov.cn.
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Amnesty slams Saudi Arabia over 2015 executions spike
Saudi Arabia is well on track to far surpass its previous annual execution records, Amnesty International has warned. The human rights group issued a statement after three more men were put to death this week, bringing the total number of executions in the country to 44 so far this year.
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Saudi inflation at lowest level in nine years
Saudi inflation last month dropped to its lowest level in nine years, driven by the strengthening riyal and a global dip in food prices, according to data from the kingdom’s Central Department of Statistics.
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Saudi Aramco nears $10 bln loan deal at tight pricing
Saudi Aramco, the kingdom's state oil giant, is close to completing a $10 billion tightly-priced loan, banking sources said on Thursday, part of which could be used to back the purchase of a stake in German synthetic rubber firm Lanxess.
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Tadawul: Housing hopes boost Saudi; Egypt rises before investment summit
Stronger oil and hopes that the government will speed up its housing programme lifted Saudi Arabia's stock market to a four-month high on Thursday, while Egypt rebounded ahead of a long-awaited conference to attract investment. Most Gulf markets were soft.
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Saudi push to boost Egyptian economy
World leaders have started arriving in Sharm El-Sheikh to attend a major economic conference that opens on Friday to mobilize $12 billion in foreign investment to jump-start Egypt’s battered economy.
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Why Saudi Arabia Needs Pakistan
As the likelihood of a rapprochement between Iran and the West grows, Saudi Arabia is quietly shoring up its relationship with Pakistan.
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Europeans worry Senate letter gives Iran edge in nuclear talks
Congressional interference could give Iran leverage to demand more upfront sanctions relief or resist demands for additional reductions in its nuclear capacity. Iran is also seeking speedy action on a UN Security Council resolution that would give a deal the force of international law and thus make it harder for the Obama administration’s successor to disavow it.
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