Saudi 'Bombs' Rebels Inside Yemen Again

Sun, 08 Nov 2009 13:50:37 GMT

Shiite rebels said Saudi Arabia bombed their positions inside Yemen again Sunday, six days after a cross-border fighting pulled Riyadh into its neighbour's campaign against the insurgents.

Saudis get training in real estate

Sun, 08 Nov 2009 10:33:43 GMT

The ongoing real estate boom in the Kingdom has opened up avenues for young Saudis to qualify and specialize as agents and brokers.

Half Of MENA Employers Likely To Hire In Next 3 Months

Sun, 08 Nov 2009 09:35:18 GMT

More than half of the region's employers, 52%, are planning to recruit over the next few months, as the region picks up following the global economic downturn- 26% definitely hiring and 26% probably hiring, according to the new Jobs Index study conducted by Bayt.com, in conjunction with YouGov Siraj.

SICO: GCC Economics - The Numbers (08-Nov-09)

Sun, 08 Nov 2009 08:52:00 GMT

Attached is our monthly report "GCC Economics - The Numbers" providing a summary of the key GCC economic statistics reported by respective central banks. The report provides comparable data for all GCC countries so that the reader can compare and contrast the trends. The report also highlights some of the key trends and tries to identify relevant parameters on a regular basis. The report covers the following:

Broad Money Supply
GCC Banks' Asset, Equity, Deposits, Gross and Total Loans Extended
Banks' Net Foreign Asset and Central Banks FX Reserves
Situation in Yemen under total control: Saudi Arabia

Sun, 08 Nov 2009 06:49:01 GMT
Saudi Arabia is fully capable of defending its land, securing its borders and repelling intruders, said a high-ranking Saudi official during a visit to the border zone where Yemeni rebels attacked Saudi Border Guards.

No bar on Haj over swine flu fears

Sun, 08 Nov 2009 06:47:18 GMT
Saudi Arabia will not bar anyone considered a high risk for swine flu from performing the Haj this year, said Minister of Health Abdullah Al-Rabeeah.

Expats criticize medical insurance program in KSA

Sun, 08 Nov 2009 06:45:23 GMT
Thousands of foreign workers in villages and hamlets in Saudi Arabia are complaining they cannot benefit from health insurance due to a lack of local hospitals and health facilities.

Haj media campaign launched in Saudi Arabia

Sun, 08 Nov 2009 06:43:25 GMT
Chairman of the Central Haj Committee, Makkah Gov. Prince Khaled Al-Faisal, launched a national media campaign on Saturday urging pilgrims to be responsible during the Haj and perform their rites properly.

Hackers attack Al-Watan's website

Sun, 08 Nov 2009 06:41:10 GMT
Al-Watan newspaper was hacked on Saturday by a group calling itself Moorish Team-Dz. The hackers said they supported Sheikh Saad bin Nasser Al-Shithri who was recently removed from his job following statements he made on Al-Majd TV channel against coeducation at King Abullah University for Science and Technology (KAUST).

Mighty boost to Saudi construction capability

Sun, 08 Nov 2009 06:39:26 GMT
A new and powerful addition to Saudi Arabia's coastal construction capability took to the water in Rotterdam last month. It will reach here in March 2010.

Saudi Arabia To Construct Mega Plant

Sun, 08 Nov 2009 06:29:36 GMT
Saudi Arabia is setting up a mega water desalination and power generation plant, for which it has already completed the bidding process, said the kingdom's minister for water and electricity at the IDA World Congress 2009.

UAE Finalises H1N1 Plan for Haj

Sun, 08 Nov 2009 06:17:54 GMT
The UAE health ministry has finalised a comprehensive plan for pilgrims to deal with emergencies that may occur during Haj due to H1N1.

Mobily launches iPhone 3GS in Saudi Arabia

Sun, 08 Nov 2009 06:12:51 GMT
Mobily launched on Saturday iPhone 3GS in the Kingdom of Saudi Arabia, with a range of 3G tariff plans tailored for iPhone customers.

Ahsa credit bank has no money, 8,500 on waiting list

Sun, 08 Nov 2009 06:01:23 GMT
The director of Al-Ahsa Province's Credit and Saving Bank Abdulaziz Bin Hamad Al-Kharra'a said the bank is now suffering from a lack of liquidity which has led to 8,500 citizens who completed and submitted the required documents being put on a waiting list for a loan.

Halliburton wins drilling contract in Saudi Arabia

Sun, 08 Nov 2009 05:29:54 GMT
Halliburton has been awarded the integrated turnkey drilling contract in South Ghawar. Located 200km from the city of Dhahran, the Ghawar field is the world's largest oil field and the contract would involve work in Uthmaniyah, Haradh, Hawiyah and Shedgum.

Petrochem industries see revenues rise 15.2% in Q3

Sun, 08 Nov 2009 05:27:47 GMT
Profitability of petrochemical industries in the Gulf rose by 51.8 per cent in the third quarter as revenues grew 15.2 per cent, according to a study by the Global Investment House (GIH).

10-year project to tackle diabetes under way in Gulf

Sun, 08 Nov 2009 04:58:08 GMT
Over one million UAE residents suffer from diabetes despite better health services and better awareness, a senior doctor told a diabetes congress here yesterday, saying the Gulf States are tackling the situation with urgency.

Saudi and Yemen battle Shiite rebels

Sun, 08 Nov 2009 04:52:28 GMT
Saudi forces pounded Yemeni rebels on Saturday for a fifth straight day as Yemeni President Ali Abdallah Saleh ruled out a truce in his war on the Shiite insurgents.

UAE Leads GCC Debt Market In 2009

Sun, 08 Nov 2009 04:47:21 GMT
The debt market in Gulf oil producers rebounded by a staggering 64 per cent in the first nine months of 2009 and the UAE emerged as the leader in the issuance of conventional bonds, according to a Saudi investment fund.

Islamic Development Bank To Raise Financing By 30%

Sun, 08 Nov 2009 04:46:14 GMT
The Islamic Development Bank (IDB) has decided to double the growth of its operation plan from 15 percent to 30 percent for the period 2009-11.

Saudis Invest SR1.58 Trillion In US

Sun, 08 Nov 2009 04:45:16 GMT
Saudi private sector investments in the US last year reached SR1.58 trillion, according to the chairman of the Jeddah Chamber of Commerce and Industry (JCCI).

Al Sanea Holds $6.2 Billion Assets In Cayman Islands

Sun, 08 Nov 2009 04:31:55 GMT
Accountants investigating the affairs of Maan al Sanea, the Kuwait-born entrepreneur involved in the Middle East's biggest corporate scandal, have unearthed more than US$6.2 billion (Dh22.77bn) of assets in his Cayman Islands holding company.

Saudi forces battle Yemeni rebels for fifth straight day

Sat, 07 Nov 2009 13:31:32 GMT
Saudi forces battled Yemeni rebels for a fifth straight day on Saturday as medics said seven Saudis and an unknown number of rebels had been killed.

Saudi Begins Flu Vaccination Ahead Of Hajj

Sat, 07 Nov 2009 10:28:32 GMT
Saudi Arabia began vaccinating its population against swine flu on Saturday, with priority going to government employees working on the annual hajj pilgrimage that takes place later this month.

Saudi forces battle Yemeni rebels on mountainous border

Sat, 07 Nov 2009 09:45:56 GMT
Saudi forces battled Yemeni rebels on the oil kingpin's border with its impoverished neighbour, both sides said on Saturday, with the rebels claiming to have captured Saudi ground troops inside Yemeni territory.

CEO of Saudi Telecom Group to Chair Samena Council

Sat, 07 Nov 2009 09:36:23 GMT
Samena Telecommunications Council, the multi-continent telecommunications consortium has announced Eng. Saud Bin Majed Al Daweesh, CEO of Saudi Telecom Group as its new Chairman, unanimously elected by SAMENA's Board of Directors.

Saudi, US Raytheon Ink Radar Civil Surveillance Deal

Sat, 07 Nov 2009 09:23:19 GMT
The Saudi Minister and Minister of Defense and Aviation and Inspector General has signed a SR 222 million worth a contract for civil navigational radar system with the U.S. international company of Raytheon.

Arafat to have lab for H1N1 screening

Sat, 07 Nov 2009 09:13:25 GMT
The Health Ministry is to set up a high-tech laboratory to check pilgrims for H1N1 virus at Arafat, said Minister of Health Dr. Abdullah Al-Rabeah

GCC key destination for foreign investors

Sat, 07 Nov 2009 09:12:27 GMT
With a combined GDP of $750 billion and with over $2 trillion projects in the pipeline, the Gulf region has emerged as a very important economic player, a top official the Gulf Cooperation Concil (GCC) has said.

UAE Lags Saudi in Business Confidence

Sat, 07 Nov 2009 09:12:03 GMT
Senior executives in the UAE are much less confident about their economic prospects than their counterparts in Saudi Arabia, and they are almost twice as dissatisfied with their government's response to the financial crisis, a fresh survey of business confidence in the Gulf has found.

Deutsche Bank Hails Saudi Prospects

Sat, 07 Nov 2009 09:04:41 GMT
Saudi Arabia has a very promising economy because of its strong oil price, continued public sector investment in infrastructure and diversification, according to a Deutsche ?Bank report.

Sage in Partnership Deal with ITE Distribution

Sat, 07 Nov 2009 08:59:44 GMT
Sage Software, the leading global supplier of ERP, CRM, and HRM solutions to small, medium and large organisations, announced that it has inked a partnership deal with ITE Distribution, a Dubai-based IT distribution company.

Mobily pampers customers with more privileges

Sat, 07 Nov 2009 08:59:25 GMT
As part of Mobily's commitment to provide the best services and offers to the market, Mobily introduced a new promotion to Filipino customers under its Mabuhay package.

Most GCC firms outsource IT process

Sat, 07 Nov 2009 08:58:36 GMT
GCC companies are becoming increasingly reliant on outsourcing with over a half (52 percent) of respondents claiming to outsource some aspect of their IT or business processes, a new research launched on Tuesday by Egypt's Information Technology Industry Development Agency (ITIDA) and YouGov at GITEX, showed.

Saudi Arabia's oldest bank improves services

Sat, 07 Nov 2009 08:50:16 GMT
S1, a leading global provider of financial services and payments software solutions, announced on Wednesday its selection by Saudi Hollandi Bank (SHB) to provide a new integrated payments platform to support the bank's ATM network and card management operations across Saudi Arabia.

OIC backs Kingdom's action

Sat, 07 Nov 2009 08:49:50 GMT
The 57-member Organization of the Islamic Conference (OIC) has pledged its support for Saudi Arabia's military action against Yemeni rebels who crossed into Saudi territory and killed a number of its nationals.

Birth defects in Arab region high: Experts

Sat, 07 Nov 2009 08:28:54 GMT
The Arab region has one of the highest birth defects in the world, with many genetic disorders being first detected here, according to experts.

SABIC opens Singapore office

Sat, 07 Nov 2009 08:08:36 GMT
Prince Saud bin Abdullah bin Thinayan Al Saud, President of the Royal Comission for Jubail and Yanbu has opened the new office in Singapore of the Saudi Arabian Basic Industries Corporation (SABIC).

UAE vows support for Saudi Arabia in defense of its territories

Sat, 07 Nov 2009 08:03:59 GMT
The United Arab Emirates has vowed full support for the Kingdom of Saudi Arabia in defense of the Saudi territories and protection of its borders against any hostilities.

Halliburton Awarded Integrated Turnkey Drilling Contract For South Ghawar

Fri, 06 Nov 2009 13:18:15 GMT
Halliburton (NYSE: HAL) has been awarded the integrated turnkey drilling contract in South Ghawar.

Arabian American Development Announces Third Quarter 2009 Financial Results

Fri, 06 Nov 2009 10:34:18 GMT
Arabian American Development Co. announced financial results for the third quarter and nine months ended September 30, 2009.

KBR Awarded Contract by Saudi Kayan Petrochemical Company

Fri, 06 Nov 2009 10:24:37 GMT
KBR announced today that it has been awarded a contract by Saudi Kayan Petrochemical Company (SAUDI KAYAN) to develop and implement an Operator Training Simulator (OTS) for its grassroots phenol plant located in Saudi Arabia.

Jordan: Pilgrims will leave for Mecca without swine flu vaccination

Fri, 06 Nov 2009 08:44:10 GMT
A top official on Thursday urged the first groups of pilgrims heading to Mecca in the coming two weeks to follow precautionary measures, as the H1N1 (swine) flu vaccine will not be available before they leave Jordan.

Haj panel official rejects Muqawils' allegations

Fri, 06 Nov 2009 08:39:58 GMT
A senior official of the Haj Committee has denied allegations raised by some Haj contractors (Muqawils) that the committee was partially responsible for a drop in the number of Haj pilgrims this year.

Remittances to Pakistan from KSA soaring

Fri, 06 Nov 2009 08:34:55 GMT
Overseas workers' remittances to Pakistan in September this year jumped to $806.12 million, a 22 percent increase over the same month in 2008.

KSA: Algeria pilgrims arrive

Fri, 06 Nov 2009 08:15:14 GMT
About 36,000 Algerian pilgrims will be performing Haj this year. Part of an 800-member official Algerian mission came to the Kingdom on Monday to facilitate their arrival, with the rest following soon.

Etihad Etisalat offers discounts to all new subscribers

Fri, 06 Nov 2009 08:10:42 GMT
Etihad Etisalat (Mobily) has offered 50 percent discount on national and international voice calls to all its new subscribers.

New hospital for pilgrims inaugurated in Jeddah

Fri, 06 Nov 2009 08:07:54 GMT
Minister of Health Dr. Abdullah Al-Rabeah inaugurated a 100-bed hospital for patients in pilgrims' city in Jeddah's Al-Muhammadya district, Thursday.

Zawya.com - Saudi Arabia News

Saudi 'Bombs' Rebels Inside Yemen Again

Saudis get training in real estate

Half Of MENA Employers Likely To Hire In Next 3 Months

SICO: GCC Economics - The Numbers (08-Nov-09)

Situation in Yemen under total control: Saudi Arabia

No bar on Haj over swine flu fears

Expats criticize medical insurance program in KSA

Haj media campaign launched in Saudi Arabia

Hackers attack Al-Watan's website

Mighty boost to Saudi construction capability

Saudi Arabia To Construct Mega Plant

UAE Finalises H1N1 Plan for Haj

Mobily launches iPhone 3GS in Saudi Arabia

Ahsa credit bank has no money, 8,500 on waiting list

Halliburton wins drilling contract in Saudi Arabia

Petrochem industries see revenues rise 15.2% in Q3

10-year project to tackle diabetes under way in Gulf

Saudi and Yemen battle Shiite rebels

UAE Leads GCC Debt Market In 2009

Islamic Development Bank To Raise Financing By 30%

Saudis Invest SR1.58 Trillion In US

Al Sanea Holds $6.2 Billion Assets In Cayman Islands

Saudi forces battle Yemeni rebels for fifth straight day

Saudi Begins Flu Vaccination Ahead Of Hajj

Saudi forces battle Yemeni rebels on mountainous border

CEO of Saudi Telecom Group to Chair Samena Council

Saudi, US Raytheon Ink Radar Civil Surveillance Deal

Arafat to have lab for H1N1 screening

GCC key destination for foreign investors

UAE Lags Saudi in Business Confidence

Deutsche Bank Hails Saudi Prospects

Sage in Partnership Deal with ITE Distribution

Mobily pampers customers with more privileges

Most GCC firms outsource IT process

Saudi Arabia's oldest bank improves services

OIC backs Kingdom's action

Birth defects in Arab region high: Experts

SABIC opens Singapore office

UAE vows support for Saudi Arabia in defense of its territories

Halliburton Awarded Integrated Turnkey Drilling Contract For South Ghawar

Arabian American Development Announces Third Quarter 2009 Financial Results

KBR Awarded Contract by Saudi Kayan Petrochemical Company

Jordan: Pilgrims will leave for Mecca without swine flu vaccination

Haj panel official rejects Muqawils' allegations

Remittances to Pakistan from KSA soaring

KSA: Algeria pilgrims arrive

Etihad Etisalat offers discounts to all new subscribers

New hospital for pilgrims inaugurated in Jeddah