JEDDAH: Despite Saudi Arabia’s subdued economic performance, public sector investment has been ramped up substantially over the past six months. The value of nonoil contracts awarded by the public
JEDDAH: The Embassy of the United States in the Kingdom has plans to facilitate visits by several Saudi delegations to the US over the next two months so that they may have a close view of how small
DUBAI: Gulf Arab markets were mixed yesterday, with late buying lifting Dubai and Abu Dhabi, but Qatar and Kuwait extended losses as investors closed positions ahead of second-quarter results. Saudi
Sfakianakis to join BSF RIYADH: The chief economist of SABB bank, HSBC's Saudi affiliate, has quit and will join Calyon's Saudi affiliate Banque Saudi Fransi (BSF), two banking sources
PARIS: The International Energy Agency yesterday cut sharply its medium-term forecast for oil demand because of economic recession, but said the threat of a supply crunch had only receded, not gone
CAIRO, Egypt: Abu Dhabi, capital of the United Arab Emirates, will host the headquarters of the International Renewable Energy Agency (IRENA), participants said, despite criticism of its high carbon
