Economy

The nonoil private sector of the Kingdom’s economy is projected to grow by 7.6 percent in 2013, continuing the strong growth seen in recent years. Overall GDP growth is expected at 4.4 percent...
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National Water Company to invest SR 50 bn in new projects

Tuesday 21 May 2013
The power and water sectors are experiencing a massive boom in Saudi Arabia, according to Abdulrahman Almutari, head of privatization at the National Water Company (NWC)
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Nael Fayez: SR 2,400 expat fee will weed out unskilled labor

Tuesday 21 May 2013
The robust Saudi economy is passing through a unique phase providing innumerable opportunities for the first time in history.
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KACST, Saudi Aramco to discuss model incubator in Eastern Province

Tuesday 21 May 2013
The King Abdulaziz City for Science and Technology (KACST) and Saudi Aramco will jointly hold a workshop in Dhahran June 6 to discuss development of a specialized incubator for advanced manufacturi
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Call for authority to regulate Saudi real estate market

Tuesday 21 May 2013
The two-day Saudi International Real Estate Conference (SIRC 3), organized by the National Real Estate Commission of Council of Saudi Chambers (CSC) in collaboration wit
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Malaysia seeks new channels for KSA trade

Tuesday 21 May 2013
The Consulate General of Malaysia Commercial section (MATRADE Jeddah) in collaboration with Council of Saudi Chambers (CSC) and Jeddah Chamber of Commerce (JCCI) organiz
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Tadawul index advances slightly

Tuesday 21 May 2013
The Saudi stock market sustained its upward march yesterday, closing the fourth consecutive session with balmy gains (+7.02 points).
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200 foreign firms to share expertise at ‘Saudi Energy’

Tuesday 21 May 2013
More than 200 foreign companies will take part in Saudi Energy 2013, organizers announced.
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Oman’s GDP grew by 5% in 2012

Tuesday 21 May 2013
Oman’s real GDP expanded steadily over the past few years, with an estimated growth rate of 5.0 percent in 2012, which was lower than government’s target of
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Philippines approves three new wind farms

Tuesday 21 May 2013
MANILA: The Philippines has approved three wind farm projects that will generate 208 megawatts, enough to power more than 40,000 middle-class homes, an energy official s
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