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As well as its status as the biggest oil producer in the region, Saudi Arabia also ranks as the largest refiner in the Middle East and is a growing exporter of refined products particularly liquefied …Read full article » Saudi Arabia: Saturday, July 23 - 2005 @ 12:25
In a speech delivered at Rice University in Houston Mr Jumah said that the Kingdom is uniquely positioned to step up and deliver, because of its reserves and resources, to consider raising its production by …Read full article » Saudi Arabia: Saturday, June 04 - 2005 @ 13:00
Saudi natural gas reserves were estimated at some 6.75 trillion cubic metres in 2003 about 5.2% of known world reserves according to OPEC statistics. Present national gas reserves are 220 trillion cubic feet of which …Read full article » Saudi Arabia: Saturday, June 04 - 2005 @ 12:56
The huge development is but one segment of a nationwide railway expansion programme that has been injected with growing pace in recent months. In another major development, the president of the Saudi Railways Organisation, Khalid …Read full article » Saudi Arabia: Thursday, June 02 - 2005 @ 09:59
The Saudi Arabian General Investment Authority hopes that the Kingdom’s mining sector will become a ‘third pillar’ of the economy after oil and petrochemicals.
Tens of thousands of square kilometres of hard rock and mountainous regions …Read full article » : Thursday, June 02 - 2005 @ 09:06
Discussions have been painstaking with complex issues to be resolved A range of issues have had to be examined including bank and insurance regulations, intellectual property rights as well as domestic subsidies.
But a positive conclusion …Read full article » Saudi Arabia: Thursday, May 26 - 2005 @ 10:37
Figures from the Saudi Arabia General Investment Authority show a dramatic increase in the number of licences issued to international and domestic projects in the first quarter of 2005 involving ventures valued at $6.4 billion. …Read full article » Saudi Arabia: Thursday, May 26 - 2005 @ 10:23