The Zamil 602 was manufactured at Zamil offshore services company at KAP in Dammam.
US banking giant Goldman Sachs reported a drop in net earnings while Morgan Stanley saw an increase in profits.
NEW YORK: General Electric posted lower first-quarter net income than a year ago because last year’s results included the sale of NBC Universal.
NEW YORK: It walks and runs, even up and down stairs. It can open a bottle and serve a drink, and politely tries to shake hands with a stranger. Meet the latest ASIMO, Honda's humanoid robot.
BERLIN: A Berlin-based researcher says he has managed to fool the fingerprint-based security system on Samsung's new Galaxy S5 smartphone using wood glue and a picture of the original print.
DUBAI: Dubai’s Emirates airline will have to ground flights to 41 destinations from Dubai International airport during work to upgrade and refurbish the two runways, at a cost to its revenues of abo
Saudi CPI inflation fell for the fourth consecutive month in March, reaching 2.6 percent year-on-year (y-o-y) in March compared with 2.8 percent in February, according to a report released on Wednesda
Riyadh Travel Fair (RTF), a significant annual event where the leading travel and tourism companies from around the world gathers with exhibitors representing tourist promotion authorities at vario
The small and medium enterprises (SMEs) issue in the Kingdom has been debated heavily in the last few years.
Profits of all Saudi banks grew by 6 percent to SR10.6 billion in the first quarter of 2014 compared to SR10 billion in the same period last year, local media said.
JEDDAH: Saudi Arabia’s Sahara Petrochemical, currently in talks with Sipchem over a possible merger, posted a 20.3 percent drop in first-quarter net profit, citing lower sales for the decline.
© Copyright of Arab News 2013