Saudi Arabia Focus

Foreign investment heads sharply upwards in Saudi Arabia
- The accelerating pace of economic reform in Saudi Arabia is attracting the attention of a growing number of potential foreign investors. Capital investment in the Kingdom's downstream hydrocarbon sectors alone is expected to reach more than $94 billion in the five years to 2009.
- Saudi Arabia: Tuesday, October 25 - 2005 at 09:00 |


Saudi Arabia's $35 billion construction boom
- Saudi Arabia comprises the largest construction market in the whole of the Middle East with multi-billion dollar projects under way and many more in the planning stage by both the public and private sectors.
- Saudi Arabia: Sunday, October 02 - 2005 at 10:50 |


Saudi petrochemicals, massive expansion
- The $8 billion expansion of Saudi Arabia's Red Sea refinery at Rabigh is a marker. This will raise Aramco's oil refining capacity and also lead to Aramco's first petrochemical production. Similar integration between existing refineries and add on petrochemical plants are also mooted for refineries at Yanbu and Ras Tanura.
- Saudi Arabia: Sunday, September 25 - 2005 at 09:17 |


WTO set to boost foreign direct investment into Saudi Arabia
- Saudi Arabia is increasing efforts to improve its competitive edge as it prepares to join the World Trade Organisation and open up its markets to international competition.
- Saudi Arabia: Thursday, September 22 - 2005 at 10:04 |


Industrial diversification lifts off in Saudi Arabia
- Saudi Arabia's industrial strategy aimed at increasing economic diversification is being stepped up with the development of industrial ventures actively being encouraged throughout the Kingdom.
- Saudi Arabia: Thursday, August 11 - 2005 at 10:16 |


Kingdom's banks look to golden era
- The healthy profits of last year have continued into 2005 for Saudi Arabia's commercial banks. A windfall from high oil prices is generating sufficient liquidity in the Kingdom and helping local banks to maintain a growing momentum.
- Saudi Arabia: Thursday, August 04 - 2005 at 09:57 |


Mobile phones transform the Kingdom's telecom market
- Saudi mobile telecommunications operator Ettihad Etisalat's Mobily service, which began operations in the Kingdom last spring, aims to have signed up one million subscribers by the end of 2005 after successfully bidding $3.2 billion to gain the Kingdom's second mobile phone licence late last year.
- Saudi Arabia: Monday, July 25 - 2005 at 16:11 |


Saudi Arabia plans huge refinery investments
- Saudi Arabia has a long maintained a downstream oil industry strategy developing from extraction of crude to refining and distribution with the result that the company now has one of the largest refining and distribution systems in the world.
- Saudi Arabia: Saturday, July 23 - 2005 at 12:25 |





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