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Saudi’s SABIC Says Won’t Expand Petrochemicals Venture With Shell
October 25, 2014

Saudi Basic Industries Corp will not move ahead with plans to expand an existing petrochemical joint venture with Royal Dutch Shell in Saudi Arabia as the results of feasibility studies were not encouraging, SABIC said on Thursday, according to state news agency SPA.


The"...

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Khodari may double capex to handle big Saudi projects
October 25, 2014

Major Saudi Arabian construction firm Abdullah Abdul Mohsin al-Khodari and Sons says it may double its capital spending in coming years to cope with the work it hopes to do on the country's big infrastructure projects.


Saudi Arabia's SR855 billion ($228"...

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Converting them to halal? Saudi Arabia buys stake in major French poultry firm
October 25, 2014

The Saudi-Arabian food group Almunajem has taken a stake of 25 percent in the French poultry producer Groupe Doux. The transaction completes the financial restructuring of Doux that filed for insolvency over two years ago.

Almunajen is the principal customer of Groupe Doux, which went down"...

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UAE's Air Arabia set to expand Saudi Arabia services
October 25, 2014

Air Arabia, the Middle East’s largest low-cost carrier, has announced plans to launch a non-stop service to Al Jouf in Saudi Arabia.


Al Jouf is the airline's 11th destination to the Gulf kingdom and scheduled flights will operate weekly on Wednesdays"...

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Saudi’s SABIC Says Won’t Expand Petrochemicals Venture With Shell
October 25, 2014

Saudi Basic Industries Corp will not move ahead with plans to expand an existing petrochemical joint venture with Royal Dutch Shell in Saudi Arabia as the results of feasibility studies were not encouraging, SABIC said on Thursday, according to state news agency SPA.


The"...

Continue Reading

Khodari may double capex to handle big Saudi projects
October 25, 2014

Major Saudi Arabian construction firm Abdullah Abdul Mohsin al-Khodari and Sons says it may double its capital spending in coming years to cope with the work it hopes to do on the country's big infrastructure projects.


Saudi Arabia's SR855 billion ($228"...

Continue Reading

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