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Wednesday 27 July 2005 (20 Jumada al-Thani 1426)

Al-Subaie to Set Up Real Estate Company

RIYADH, 27 July 2005 — Khaled Al-Subaie, manager of the branch of Al-Subaie Company in Makkah, announced the establishment of a new real estate company with capital of one billion riyals, Al-Eqtisadiah... Full Story


Combining of Water and Electricity Bills

JEDDAH, 27 July 2005 — Minister of Water and Electricity Abdullah Al-Hussayn has announced the launch of the second phase of the program for combining the water and electricity bills in six regions... Full Story


Loan of $400m for Saudi Investment Bank

RIYADH, 27 July 2005 — The Saudi Investment Bank succeeded in getting a loan of $400 million collected from different local, regional and international banks, Al-Jazirah reported. The City Group International... Full Story




STC’s New Traffic Violation Probe System

JEDDAH, 27 July 2005 — STC has signed a new cooperation agreement with Al-Elm for information security with cooperation with the Interior Ministry to provide traffic violation inquiry system for mobile... Full Story


Riyad Bank Finances SABIC Project

RIYADH, 27 July 2005 — The Saudi Company for Iron and Steel signed a SR937 million agreement with Riyad Bank for seven years to finance part of the company expansion project, Al-Eqtisadiah reported.... Full Story


Howard Discusses Free Trade Pact With UAE

ABU DHABI, 27 July 2005 — Visiting Australian Prime Minister John Howard discussed here yesterday with UAE President Sheikh Khalifa Bin Zayed Al-Nahayan setting up a free trade agreement between the... Full Story


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