Minister of Finance Ibrahim Al-Assaf presents an honorary plaque for its prominent role in supporting the Kafala program to Salah Al-Rashed, ANB chairman.
The share of IT and telecommunications sector to the gross domestic product (GDP) increased to 2.75 percent while its share to nonoil GDP grew to 7.0 percent in 2012, says a report released by Saudi A
Saudization is a strategic objective of Ericsson, says a top official. “We also focus on quality rather than figures,” said Ali Eid, president of Ericsson in Saudi Arabia.
LONDON/SINGAPORE: Asian spot liquefied natural gas (LNG) fell last week as demand from Brazil's Petrobras slackened and top Japanese buyers switched to cheaper fuels and relied more on supplies under
BASRA: Oil exports from Iraq rose to a record 2.8 million barrels per day (bpd) on average in February, Deputy Prime Minister for energy Hussain Al-Shahristani told reporters on Saturday.
CUPERTINO, California: Apple Inc.
WASHINGTON: A US court has cleared Cisco Systems over liability for human rights abuses in China, in a case closely watched by the global technology sector and activists.
During 2009-2011, capital flows were intensively targeting emerging markets, with the advanced economies reducing their interest rates to unprecedentedly low levels and with the quantitative easing
NEW YORK: After two months of trading, the stock market is back where it started.
MILAN/PARIS: Idle plants, surly unions and a weak, aging model line-up — the challenges facing Fiat Chrysler's Italian revival sound a lot like the British car industry's low point in 1982.
Age matters for economic performance.
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