RIYADH: The Saudi Electricity Co. plans to spend SR75 billion ($20 billion) to add more than 10,000 megawatts (MW) of generation capacity through six independent power producer (IPP) projects, a top
JEDDAH: The launch of some new 2010 car models marked Saudi Arabia’s 31st International Event for Motor Vehicles and sports utility vehicles-SUVs (SIMS’09), which entered its second day on Monday.
MANAMA: Family businesses in Bahrain, Saudi Arabia and the rest of the Arab world will benefit from the upcoming Arab-German Family Business Summit. The summit, which takes place at the Ritz-Carlton
DUBAI: Foreign investors are still keen to invest in the Middle East, despite a debt implosion at two Saudi firms that may cost lenders as much as $22 billion, executives at a Reuters summit said on
