MANILA, 22 March 2005 — Petroleum and Mineral Resources Minister Ali Al-Naimi said yesterday the Kingdom can produce an additional 1.5 million barrels a day of oil to help pull down rising world crude
LONDON, 22 March 2005 — World oil prices fell yesterday on rumors that OPEC could again raise its oil production ceiling soon, but remained supported by the threat of a strike in the Nigerian energy
JEDDAH, 22 March 2005 — Petrochemicals giant Saudi Basic Industries Corp. (SABIC), the Middle East’s largest industry and publicly held company, has announced a one-for-three bonus share issue and
JEDDAH, 22 March 2005 — Al-Oula Development, a leading real estate company in Saudi Arabia, has completed preparations for a major real estate auction, described the largest in the world, involving
RIYADH, 22 March 2005 — With the balance of trade tilted heavily in favor of Poland, Saudi Arabia has decided to activate the Saudi-Polish Business Council and take other export promotion measures
RIYADH, 22 March 2005 — French Minister of Transport Gilles de Robien, who wrapped up a two-day visit to the capital, said French expertise could be harnessed in several projects in the Kingdom, especially
Ravi Kant, executive director, Tata Motors, has been appointed chairman, Hispano Carrocera SA, following the formal agreement on Tata Motors’ acquisition of a 21 percent equity stake in the Spanish
