Saudi Arabia News

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Tue, 9 Feb 2010 09:07:00 GMT

Yemen al Qaeda wants Red Sea blocked

The Yemen-based wing of al Qaeda called for a regional Muslim holy war and a blockade of the Red Sea, between Arabia and Africa, to cut off US shipments to Israel, a further sign of the group's ambitions to mount new strikes outside its base. The message
Tue, 9 Feb 2010 09:07:00 GMT

Jadwa Investment awarded best Saudi Equity Fund award

At the recent MENA Fund Manager Performance Awards ceremony held in Dubai, Jadwa Investment won the "Best Saudi Equity Fund" award for Jadwa Saudi Equity Fund performance in 2009.Commenting on this, Ahmed Al-Khateeb, Managing Director and CEO of Jadwa
Tue, 9 Feb 2010 08:59:00 GMT

Al Mazaya sells Saudi property

Kuwait-based developer Al Mazaya Holding it has earned SR23.1m in profit from the sale of a property in Saudi Arabia, Reuters has reported. The profit from the SR104.6m sale will be added to the firm's first-quarter results, the developer said.
Tue, 9 Feb 2010 08:56:00 GMT

Saudi to regulate internet news sites

Saudi Arabia is planning to introduce a licensing requirement and other regulations for its indigenous internet news sites, the National has reported. The draft regulations, still under study, would require internet-based news sites to request a
Tue, 9 Feb 2010 08:55:00 GMT

Egyptian-Saudi power linkage project to start in June

Egyptian electricity minister Hassan Younis has announced that a power-linkage project with Saudi Arabia will start in June. The project, aimed at transferring 4,500 megawatts at two stages, will be completed by 2013, he said. The project will be part of
Tue, 9 Feb 2010 08:54:00 GMT

'Outrage' over BAE deal

BAE Chairman Dick Olver: "We need to be a transparent, modern, clean company" Campaigners have attacked a deal struck by UK defence contractor BAE Systems to end inquiries into its affairs. The firm is to admit two criminal charges and pay fines of
Tue, 9 Feb 2010 08:54:00 GMT

Travel & Tourism key factors for KSA’s sustained economic growth amidst downturn

The Kingdom of Saudi Arabias (KSA) travel and tourism sector has helped maintain solid national economic growth amidst the protracted global financial crisis. The Saudi tourism market generates around SAR 52 billion in annual revenues, with export
Tue, 9 Feb 2010 08:51:00 GMT

Saudi Aramco to invest US$120 bln over...

Your Opinion Matters DO ANY CONVERTOR ACCEPT TO BURN HIS FINGURES WITH THE UNJUSTIFIED INCREASES HAPPENING IN RAW MATERIALS??????????? I just to make a note that covertors will stand against all price increases as they are not justified and end customers
Tue, 9 Feb 2010 08:48:00 GMT

Yemen's al Qaeda calls for jihad, fighting in north

By Mohamed Ghobari and Raissa Kasolowsky SANAA/DUBAI - The Yemen-based wing of al Qaeda called on Muslims in the Arabian Peninsula to wage holy war against Christians and Jews in the region, a further sign of the group's ambitions to mount new strikes
Tue, 9 Feb 2010 08:41:00 GMT

Saudi Arabia: Rights Group Hires Lawyer in Child-Marriage Case

The state human rights body has hired a lawyer to review the case of a girl whose mother sought her divorce from an 80-year-old man. The girl, believed to be 12 years old, from Buraidah, was married to her father's cousin late last year for a bride price
Tue, 9 Feb 2010 08:25:00 GMT

Call for 3 new dams to check Jeddah floods

Three dams should be built in Jeddah's Wadi Qaus and linked to rainwater drainage canals to help prevent flooding in the city's eastern districts, according to a workshop set up by Makkah's governor.
Tue, 9 Feb 2010 08:10:00 GMT

Saudi Tourism authority set to streamline hospitality sector

Saudi Arabia's tourism sector got a major boost with the announcement of a plan to issue new regulations to streamline the operation of hotels and furnished apartments.
Tue, 9 Feb 2010 08:08:00 GMT

Girl, 12, fighting to divorce 80-year-old husband in Saudi Arabia

The state-run Human Rights Commission has hired a lawyer to represent the girl when she takes her case to court in Buraidah, a conservative town near the capital Riyadh. Saudi Arabia, a patriarchal society that applies an austere version of Sunni Islam,
Tue, 9 Feb 2010 07:51:00 GMT

IT technology attracting young Saudis, claim experts

Young Saudis are now well versed in new information technology and the Internet, computer experts said during a forum on Understanding Desktop Virtualization held at the Asharqia Chambers and organized by Conti-Tech a local IT solutions company.
Tue, 9 Feb 2010 07:46:00 GMT

Upscale district coming up in Riyadh

Prince Salman Bin Abdulaziz, Emir of Riyadh, studies a scale model of the Al-Dhaheira district of the capital as envisaged in plans to be carried out by Tameer Company. Khaled Bin Abdullah Al-Dughaithir of Tameer explained how the central Riyadh district
Tue, 9 Feb 2010 07:44:00 GMT

Al-Mazaya sells Saudi property

Kuwaiti real estate developer Al-Mazaya Holding said on Monday it would add SR23.1 million of ($6.16 million) profit from the sale of a property in Saudi Arabia to its first quarter profits. 
Tue, 9 Feb 2010 07:34:00 GMT

Qatari Banks Look To Open Branches In Saudi Arabia

A number of Qatari banks have applied for licences to set up branches in neighbouring Saudi Arabia, which is the largest and most populous GCC country.
Tue, 9 Feb 2010 07:30:00 GMT

World Briefing | Middle East: Saudi Arabia: Rights Group Hires Lawyer in Child-Marriage Case

Saudi Arabia: Rights Group Hires Lawyer in Child-Marriage Case The state human rights body has hired a lawyer to review the case of a girl whose mother sought her divorce from an 80-year-old man. The girl, believed to be 12 years old, from Buraidah, was
Tue, 9 Feb 2010 07:28:00 GMT

World Briefing | Middle East: Saudi Arabia: Rights Group Hires Lawyer in Child-Marriage Case

Saudi Arabia: Rights Group Hires Lawyer in Child-Marriage Case The state human rights body has hired a lawyer to review the case of a girl whose mother sought her divorce from an 80-year-old man. The girl, believed to be 12 years old, from Buraidah, was
Tue, 9 Feb 2010 07:28:00 GMT

Saudi rights commission seeks divorce for child bride

Extract not available.
Tue, 9 Feb 2010 07:20:00 GMT

Saudi Interior Ministry accused of torture

press tv A Saudi civil rights group has called on King Abdullah to launch an investigation into alleged abuses the Interior Ministry committed under the guise of 'fighting terrorism.' In an open letter to the King, the Saudi Civil and Political Rights
Tue, 9 Feb 2010 07:15:00 GMT

Qatari Amir to Visit Saudi Arabia Tomorrow

date: 08 02, 2010 Riyadh, - Qatari Amir Shaikh Hamad bin Khalifa Al Thani will visit Saudi Arabia tomorrow. During the visit, Shaikh Hamad will meet the Custodian of the Two Holy Mosques King Abdulla bin Abdul Aziz Al Saud. According to the Saudi News
Tue, 9 Feb 2010 07:09:00 GMT

GCC, EU Experts to Meet in Riyadh

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Tue, 9 Feb 2010 07:08:00 GMT

Saudi Development Fund to finance new projects in Pakistan

The Kingdom of Saudi Arabias development fund has initiated a study on financing new viable developmental projects in Pakistan. The Saudi Development Fund has also dispatched its delegations to Pakistan for the follow up progress on projects, says a
Tue, 9 Feb 2010 06:57:00 GMT

Foster Wheeler Signs JV Agreement with SOFCON

Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has signed a Joint Venture Agreement to form a jointly owned Saudi Arabian entity with A. Al-Saihati, A. Fattani and O. Al-Othman Consulting Engineering
Tue, 9 Feb 2010 06:54:00 GMT

Industrial Nanotech, Inc. Announces Large Order from Saudi Arabia Distributor for Company's Patented Nansulate(R) Energy Saving Coatings

This follows their previously placed initial order in October of 2009 to introduce the coatings to the market and generate energy saving projects. The order placed this week is for more than 1,450 gallons of Nansulate(R) thermal insulation and asset
Tue, 9 Feb 2010 06:48:00 GMT

Saudi Al Rajhi Bank to open 90 new branches in next 3 years

(MENAFN - Khaleej Times) Al Rajhi Bank will be opening 90 new branches within the next three years, increasing the number of its branches to 546. 'This expansion strategy will help the largest Islamic bank in the world to maintain its preeminence in
Tue, 9 Feb 2010 06:20:00 GMT

UAE prepaid transactions seen at $18b by 2015

(MENAFN - Khaleej Times) Prepaid transactions in the UAE are expected to reach a total of $18.4 billion by 2015, surpassing the $17.1 billion projected for the region's largest economy Saudi Arabia, said Gerard Tilley, chief executive officer of VRL, a
Tue, 9 Feb 2010 06:19:00 GMT

New Report Now Available: Saudi Arabia Autos Report Q1 2010

Saudi Arabia will be one of the few places in the world where automotive sales will increase in 2009, with BMI forecasting growth of 3.5%. Reports in the Saudi media indicated a slump in sales in the first few weeks of 2009, but signs of recovery were
Tue, 9 Feb 2010 06:12:00 GMT

Yemen al Qaeda urges jihad to mount new strikes

The Yemen-based wing of al Qaeda called for a regional jihad and a blockade of the Red Sea to cut off US shipments to Israel, a further sign of the group’s ambitions to mount new strikes. Yemen is in the throes of a major crackdown on the global
Tue, 9 Feb 2010 05:31:00 GMT