Saudi Arabia
The latest business news, company announcements and analysis from Saudi Arabia. Keep abreast of the most up-to-date developments in the oil industry in the Kingdom, the progress in infrastructure and real estate projects, such as the King Abdullah Economic City, and investments in the Arab world's largest economy, and see how these will affect you and your business.
Saudi Arabia news
Porsche Panamera goes on sale in Saudi
The new Porsche Panamera has arrived in Jeddah, Saudi Arabia. The Panamera has the looks of a coupé with four-seater space, fitting alongside the 911, Cayenne, Boxster and Cayman ranges as Porsche's fourth nameplate. It is available for delivery in three versions—the S, the 4S and the top-of-the-range Turbo.- » Saudi scores in business confidence over UAE
- » Saudi warns pilgrims from bogus companies
- » Motabaqah opens petrochem laboratory
- » Almutlak plans 2010 IPO
- » Saudia to buy 58 Airbus planes
- » Saudi index rises again
- » New TV channel to launch in Saudi
- » Parents' consent required for H1N1 shots in Saudi
- » German firm buys medical lab in Saudi
Saudi Arabia press releases
CEO of Saudi Telecom Group to chair SAMENA council
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.- » KBR Awarded Contract by Saudi Kayan Petrochemical Company for Operator Training Simulator
- » Halliburton awarded integrated turnkey drilling contract for South Ghawar
- » Motabaqah opens petrochemical laboratory in Dammam
- » Mobile services another platform for cybercriminals, says Kaspersky Lab
- » Wales forges trade ties with Qatar and Saudi Arabia
- » SAOGE 2009 comes to a close as a resounding success
- » Al Jabr Automotive launches brand new Sorento in Saudi market
- » Sabic, Sinopec celebrate 3.2 million-ton petrochemical complex at Tianjin, China
- » Porsche Panamera arrives in Saudi Arabia
Analysis
Saudi real estate sector to exceed $400bn in 2010
The real estate sector in Saudi Arabia continues to retain its appeal, despite the global recession and property market downturn. Saudi Arabia, the GCC's largest economy, continues to focus on diversifying its economic activities. It is expected that the total investment in the kingdom's real estate sector will exceed the $400bn barrier by 2010.- » Saudi Arabia: Public debt reduced to SR237bn
- » Saudi Arabia tops regional foreign investment
- » Saudi gold consumption tops SR16.5bn
- » Saudi housing market facing mid-income unit shortfall
- » Apple can't save Saudi billionaire
- » Saudi 2008 tourism revenues hit SR 78.5bn
- » Saudi real estate regulations to follow Dubai model
- » Growth plans for Saudi tourism talked about by HRH Prince Sultan Bin Salman Bin Abdulaziz Al-Saud
- » Mobily: Mobile broadband to outstrip fixed line
Basic country information
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