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Saudi News | Global Arab Network
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Finance
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Record growth in the Islamic financial services (IFS) segment in 2012 firmly cemented Saudi Arabia as a global leader in the industry. However, while the segment looks set for further growth several industry leaders have called for greater regulatory uniformity across global markets, Global Arab Network reports according to OBG.
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Technology
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Despite fierce competition in a crowded market, Saudi Arabia’s telecoms sector should see continued growth, driven largely by the expanding mobile internet and fixed broadband segments,
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Economics
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 Saudi Basic Industries Corporation (SABIC) plans seriously to expand its investments in China through the implementation of new expansion at the joint venture project,
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Economics
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 Hotels in the Middle East posted double digit increases in average daily rates for the first time this year in October,
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Culture
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 The number of Saudi students studying in American universities and colleges increased by 50 percent last year as the Gulf state pushed ahead with its international scholarship
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Economics
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 Several of Saudi Arabia’s major cities – Jeddah, Riyadh and Mecca – and surrounding areas will benefit from the Kingdom’s plans to roll out public transport and construction projects over
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Energy
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 The global thirst for oil will grow in the next two decades driven by demand from emerging nations and the rise of the US as the top producer,
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Industry
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 Commerce and Industry Minister Dr. Tawfiq Al-Rabiah said that the government would provide all possible incentives to boost investment in the industrial sector,
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Economics
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A century after Lawrence of Arabia cut the Damascus-Medina railway, Gulf governments are embarking on plans to restore long-distance rail transport in the region and extend it across the Arabian Peninsula.
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Industry
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 Steel producers in Saudi Arabia are set for a busy few years, with growth in the industry driven by rising demand due to state-backed investments and increasing activity in the private sector. However,
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Economics
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 The surplus of Arab Gulf states may turn into a deficit in 2017 if they continue with their spending plans,
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Energy
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 Despite the prevailing global economic gloom, the Saudi economy continues on a solid growth path. While this year expansion is not likely to match that of last year,
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Opinion
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 Despite the official American and Iranian denial of the information that appeared in the article published by The New York Times on Oct. 21, which stated
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Page 1 of 81
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