Economy

MANAMA, 6 September 2005 — Bahrain’s Prime Minister Sheikh Khalifa ibn Salman Al-Khalifa yesterday officially inaugurated Aluminum Bahrain’s fifth production line.

JEDDAH, 6 September 2005 — US Congress is expected to endorse a bilateral accord with Saudi Arabia within a few days, paving the way for a landmark WTO agreement between the two countries.

RIYADH, 6 September 2005 — A high-level Saudi delegation, including Minister of Petroleum and Mineral Resources Ali Al-Naimi and Minister of State Abdullah Alireza, will leave for Houston to partic

JEDDAH, 6 September 2005 — The Saudi stock market suffered 89.73 points fall yesterday as most of the indices declined except the Electricity index which gained 122.45 points to close at 2,959.25.&l

RIYADH, 5 September 2005 — For the third year in a row in 2005, Saudi Arabia is witnessing robust growth in oil export revenues, liquidity, and economic activity, thanks to rising oil prices, low i

The uptrend in the oil prices, which began at the end of 2001, has become steadily more pronounced over the last year.

JEDDAH, 5 September 2005 — With construction booming and government incentives available for industrial projects, investing in cement companies is a hot sector these days in Saudi Arabia.

ISLAMABAD, 5 September 2005 — Eight roads lead to larger inflows of foreign direct investment (FDI) into Pakistan, to help it ensure a high GDP growth to feed exports and growing domestic consumer

JEDDAH, 5 September 2005 — The Saudi Stock market rebounded yesterday after a plunge of over 400 points on Saturday.

JEDDAH, 5 September 2005 — The names of the candidates for the Jeddah Chamber of Commerce and Industry (JCC) board of directors will be announced tomorrow, reported Al-Madinah newspaper.