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Thursday 5 November 2009 (18 Dhul Qa`dah 1430)

Motabaqah opens world-class lab to test petrochem products

RIYADH: The Saudi Specialized Laboratory Co. (Motabaqah) announced on Wednesday the opening of its new, state-of-the-art Petrochemical Testing Laboratory located in the First Industrial City district... Full Story


Gulf markets rise on global strength

DUBAI: Most Gulf Arab bourses rose on Wednesday, buoyed by strength on global markets and bargain-hunting after recent sharp sell-offs, with Kuwait recording its biggest one-day gain since September. “The... Full Story


Saudi oil forecast to earn $4tr in 10 years

MANAMA: At the current forecasts of $85 per barrel in 2011 and increasing the oil price by $5 per year over the next 10 years and conservatively assuming a constant production of 10 million barrels... Full Story




4th generation Toyota Prado out

JEDDAH: The all-new fourth generation Toyota Prado made its debut at a ceremony here on Tuesday night. “This 2010 mid-size four-wheel-drive vehicle maintains outstanding drivability and reliability... Full Story


Top Taiwan suppliers due in Riyadh

RIYADH: The Taiwan External Trade Development Council (TAITRA), comprising 11 top caliber Taiwanese PV suppliers, will arrive here on Friday on a four-day visit. It includes the world’s leading... Full Story


Oil prices jump above $80 despite flat demand

NEW YORK: Crude prices bounced above $80 per barrel once again on Wednesday, a level that even OPEC leaders have said is too high given the fragile state of the global economy. And again it is the... Full Story


Economy briefs: Almutlak plans 2010 IPO

JEDDAH: Almutlak Trade and Industries, a Saudi-based automotive specialist, plans to sell 30 percent of its shares to the public early next year as part of plans to expand its business, the IPO’s... Full Story


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