EDF and AREVA have signed agreements with Saudi industrial and university partners, reflecting their commitment to future nuclear projects in Saudi Arabia. Meanwhile, French engineering consultancy Assystem has signed a letter of intent to ...
Tags: Nuclear News, EDF, AREVA, Saudi Nuclear Programme
An average 2014 oil price of $81/b for Saudi export crude, or about $85/b for Brent, is likely to be needed for Saudi Arabia to balance state revenues with government spending in the coming year as oil production declines to 9.3 million ...
Tags: Balance Budget, Oil Output
New construction projects are expected to increase demand for cement in coming months. Sales of cement companies dropped by 17 percent in November 2013 to 3.65 million tons compared to 4.37 million tons in the same period in 2012, local ...
Tags: cement, construction
Over 500 lingerie shops in Saudi Arabia have been shut down by the Government during inspection for non-compliance and violating orders of mandating feminization in businesses operating in women’s innerwears and intimatewears. ...
Reichle & De-Massari is participating in and sponsoring the DatacenterDynamics Conference and Expo taking place in Riyadh in December. R&M will use the event as a platform to highlight its ‘R&MinteliPhy’ Automated ...
Tags: Reichle, De-Massari, participation, Riyadh
Dairy co-operative Irish Dairy Board (IDB) is investing €20m in Saudi Arabia to acquire 75% stake in local firm Al Wazeen Trading and establish a new cheese plant at Al Wazeen facility in Riyadh. The expansion strengthens IDB's ...
Tags: Irish Dairy
Women in Saudi Arabia are planning to take to the roads on October 26 in protest of the country’s ban on female drivers. An online petition has attracted more than 15,700 signatures since being launched less than four weeks ago, ...
Tags: Saudi Women, National Driving Ban
Siemens received a large order from the Middle East. Saudi Arabia has put forward to Siemens group requirements once again. On Thursday, Siemens said that they will provide a driverless metro (worth 1.5 billion euros) to the Saudi ...
Tags: Siemens, Metro, Driverless Metro, Transportation
Volatility came to a standstill on Thursday in Riyadh, as the Tadawul All-Share Index closed 0.04% higher at 8,017.77. The gauge s relative strength, MACD and Bollinger bands indicate that investors are currently quite comfortable with ...
Tags: Construction, Decoration
Oil Markets are currently balanced and inventories are at excellent levels, but the geopolitical situation is having an impact on prices, Saudi Oil Minister Ali al-Naimi said Tuesday. "The market is in a very good position, supplies are ...
Tags: Oil Markets, Syria crisis
Today, Ericsson released the first edition of its Networked Society MENA City Index at the Networked Society Forum in Dubai, UAE. The report analyzes the levels of ICT-driven benefits created in 11 of the Middle East and North Africa ...
Tags: Ericsson, Consumer Electronics
Hotpack Packaging, a manufacturer of disposable food packaging materials, is all set to unveil its new 350,000ft2 integrated manufacturing and logistics complex at Dubai Investments Park (DIP) in Jebel Ali, Dubai. The new facility will ...
The UAE and Saudi Arabia have emerged as the biggest markets among GCC states for the deployment of solar power, accounting for most of the projects. The six GCC countries altogether have sanctioned solar power installation projects worth ...
Tags: Solar Projects, GCC states
Using a Tessellate perforated screen system technology this new building that is scheduled to be completed in 2014 will be the first of its kind in the?King Abdullah Financial District in Riyadh. This?dynamic new construction regulates ...
Glass LLC, glass pioneers in the Middle East and wholly-owned by Dubai Investments PJSC [DI], announced on Thursday that its coating lines, comprising subsidiaries Emirates Glass LLC [EGL] and Saudi American Glass, have won projects worth ...
Tags: glass, Construction, Decoration