3324 Stories, most recent news story added Sun Jul 19, 3:24 pm ET
July 19 (Bloomberg) -- Saudi Basic Industries Corp., the world’s largest petrochemical maker, declined after saying it won’t pay dividends for the first half of the year, pushing Saudi Arabia’s Tadawul All Share Index to its biggest drop in two weeks.
H 2 Gen Innovations, Inc. announced recently that it has successfully completed commissioning of a 1.5 million scf/day (1500 Nm3/hr) hydrogen gas purification plant for Saudi Polyolefins Company (SPC) at its Tasnee Polyolefins Complex in Al Jubail Industrial City, Saudi Arabia. Tasnee operates the world's largest propane dehydrogenation and polypropylene complex in Al Jubail
July 19 (Bloomberg) -- Saudi Basic Industries Corp., the world’s largest petrochemical maker, declined for the first time in seven days after second-quarter profit fell 76 percent.
Mobily, Saudi Arabia's second mobile phone network operator, said on Sunday that net profit jumped 49 percent to 1.155 billion riyals (308.7 million dollars) in the first half from a year earlier.
Lebanon's most influential Shiite cleric issued a religious edict Sunday saying Muslims who have serious concerns about contracting swine flu while performing the annual hajj pilgrimage in Saudi Arabia may stay away this year.
July 19 (Bloomberg) -- The Bloomberg GCC 200 Index lost 1.5 percent to 51.20. Saudi Arabia’s Tadawul All Share Index declined 1.7 percent, while Oman’s Muscat Securities Market 30 Index rose 2.6 percent. Markets in Abu Dhabi and Dubai are closed for a religious holiday.
July 17 (Bloomberg) -- Ahmed Hamad Algosaibi & Brothers Co., a family-owned Saudi company known as Ahab, filed a lawsuit accusing Maan Al-Sanea, the billionaire owner of the Saad Group, of ``massive fraud,'' the Financial Times reported.
CAIRO (AFP)--Egypt on Sunday reported its first death linked to swine flu, after a 25-year-old woman coming back from a pilgrimage to the Muslim holy places in Saudi Arabia died in the hospital, the health ministry said.
Saudi Arabia's only film festival was halted before it even opened on Saturday, festival sources said, as powerful Islamic conservatives battle a popular push for more entertainment in the country.
The industrial and medical gas market in the Kingdom of Saudi Arabia, the largest economy in the Middle East, presents an attractive growth potential for Air Liquide, with double-digit growth in 2008, driven by the expansion of the petrochemical industry and the development of infrastructure projects. Air Liquide has just completed the acquisition of Al Khafrah Industrial Gases, a company ...
Saudi Arabia has been rocked by a lawsuit charging one of the country's wealthiest businessmen, Maan al-Sanea, with stealing 10 billion dollars from his wife's family over four years.
Saudi Arabia's only film festival has been canceled, dealing a blow to reformist hopes of an easing of clerical control over culture that had been raised by the low-key return of cinemas in December.
ALEXANDRIA, Va.----H2Gen Innovations, Inc. announced today that it has successfully completed commissioning of a 1.5 million scf/day hydrogen gas purification plant for Saudi Polyolefins Company at its Tasnee Polyolefins Complex in Al Jubail Industrial City, Saudi Arabia.
July 18 (Bloomberg) -- Savola Al Azizia United Co. , Saudi Arabia’s second-largest food producer, said second-quarter profit declined 18 percent.
The ban comes after a range of protests erupted against the issuing of cinema licenses and the public screening of movies is now illegal.
The US House of Representatives on Friday passed a resolution commemorating the deadly 1994 bombing of a Jewish charities building in Argentina and criticizing Saudi Arabia in connection to the attack.
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