The outlook for Saudi Arabia’s economy is “broadly favorable” as the kingdom benefits from increased oil revenue and government spending, the International Monetary Fund said. Gross domestic product will increase 6 percent this year, compared with 7.1 percent in 2011, the Washington-based …
Saudi nationals are keen to bridge the gap between their educational preparation and their actual job requirements, according to the preliminary findings of the ground-breaking Qudurat research, announced Tuesday by Aon Hewitt, the global human resources business of Aon plc. Qudurat is the …
 A new book on the long confrontation between the US and Iran blames the George W. Bush administration for squandering opportunities to improve relations with Tehran and invading Iraq in 2003 without recognizing that Iran would wind up being the power broker in that country. These criticisms …
Saudi Arabia has topped the list of the world’s most optimistic countries regarding last year’s job prospects, according to Gallup surveys conducted in 146 countries in 2011. According to the survey, 69 percent of Saudi respondents said it was a good time for them to find jobs, whereas 19 …
Total foreign and domestic investments in Arab states rose in 2011 by 1.2 per cent to $496 billion from $490 billion in the previous year, a report said. Algeria, Qatar, Saudi Arabia and the UAE accounted for 63 per cent of the investments, or $312.5 billion, said the report which covered 21 …
Saudi Arabia’s government has no reason to change its 2012 economic growth forecast of 5.9 percent, and its exchange rate policy is suitable and reflects the riyal currency’s real value, Finance Minister Ibrahim Alassaf said on Tuesday….
Within the Arab world, the debate over Syria is increasingly becoming polarised along ideological and sectarian lines, as the country’s strategic importance to the region’s great powers seems to be obscuring the commonalities between the basic demands of the Syrian protesters and their …
Attar, a California native and Pepperdine University runner who trains in San Diego, is one of two female athletes from Saudi Arabia competing in London, a first for that country. Just after noon on Wednesday, she competed with seven other runners in the final heat of the 800 meters. She wore …
 Conceived by the Qatar Museums Authority, the exhibition came together over seven months during which Award-winning French photographer Brigitte Lacombe and her sister, independent documentary filmmaker Marian Lacombe, set up an outdoor studio in the Athletes’ Village at the Arab Games in Doha. …
 While Gallup surveys show that most GCC residents are satisfied with the availability of quality healthcare in their area, outbound medical care remains an expensive problem for Gulf governments, with the UAE alone spending $2 billion per year to send its residents abroad for treatments. …
Iran moved on Tuesday to reframe the Syrian conflict as part of a wider battle with the United States and other hostile world powers, dispatching the personal representative of its paramount leader, Ayatollah Ali Khamenei, to Damascus for a televised display of solidarity with Syria’s president …
Many in the Syrian opposition would counter that they had no choice but to accept foreign support if they were to defend themselves against the regime’s brutality. But as the independent opposition leader Haytham Manna argues, the militarisation of the uprising weakened its popular and …
A Saudi convoy carrying humanitarian aid for Syrian refugees arrived in Jordan on Tuesday, Secretary General of the Jordan Hashemite Charity Organization (JHCO) Ayman Al Mifleh told the state news agency Petra. The agency reported that the aid was stored in JHCO warehouses in Mafraq, about …
Egypt was reported to have launched its first airstrikes in decades in the restive Sinai Peninsula on Wednesday, deploying attack helicopters to strike at gunmen after the shootings of 16 Egyptian soldiers on Sunday. The episode early Wednesday followed renewed violence in the northern Sinai …
A recent study conducted by ALWANE, a recently established regional coalition of experienced and emerging leaders from 17 countries across the Middle East and North Africa, revealed that 16 percent of Saudi women anticipate working in furniture and optical stores. Focusing on Saudi women …
The US State Department has added a wanted Saudi citizen who serves as a senior al Qaeda leader, trainer, and facilitator in Afghanistan to the list of Specially Designated Global terrorists. Azzam Abdullah Zureik Al Maulid Al Subhi, a Saudi who is better known as Mansur al Harbi, was added …
Jabal Omar Development Company plans to open ten hotels in Saudi Arabia’s holy city of Makkah, its executive general director told Bloomberg. The firm, established to invest US$3.2bn in Makkah, is developing 2.2m sqm of land near the Grand Mosque, said Sameer Al Quraishi. “Saudi Arabia is …
Saudi Arabia has decided to let Industrial and Commercial Bank of China, the largest Chinese commercial bank, open a branch in the country, a sign of growing economic ties between the world’s top oil exporter and second-biggest oil consumer, local media said….
/Provided as a service from the Saudi-US Trade Group, Washington, DC/</pre>
|
|
|
