Posts Tagged "saudi"

Three-fifths of investors excited about Saudi Arabia opening up

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the…

Millennium & Copthorne signs four Madina hotels

Millennium & Copthorne Hotels, Middle East and Africa has signed four new hotels in Madinah.  The properties include two Millennium hotels as…

SpaceX gets more contracts from Saudi Arabia, Spain

By MIKE [email protected] SpaceX, which operates a rocket-testing facility in McGregor, has secured additional work in the form of contracts to launch…

Saudi Arabia and Korea further SMART cooperation

Saudi Arabia and South Korea yesterday signed contracts to support their cooperation in developing SMART reactors. he documents were signed in Riyadh…

Mohamed El-Erian: Get used to cheap oil

  Saudi oil producing policy is a smart long term strategy. Saudi Arabia has tremendiouse reserves and low oil cost that can sustain…

IMF Executive Board Concludes 2015 Article IV Consultation with Saudi Arabia

On July 29, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation1 with Saudi Arabia. Saudi…

Summer Slowdown for Riyadh Hotels in June 2015

The performance of hotels in Riyadh was negatively affected by a 6.1 percentage point reduction in occupancy to 59.1% as a direct…

Saudi crude consumption to reach 3 million b/d in Q3: analyst

Saudi Arabia’s refinery intake increased by 235,000 b/d or 12% year on year in the second quarter, and total consumption is expected…