Prince Abdulaziz bin Saud bin Naif bin Abdulaziz, Minister of Interior, opened here today the Supply and Support Center affiliated to the Border Guard.
Prince Abdulaziz toured the facilities of the Center and was briefed on the tasks of the Center's (...)
quarter results were affected by several factors. The most important was the continuous slowdown in global economic growth, especially in Europe, China and North America, which negatively impacted the prices of petrochemical products. Also, this (...)
The French economy was flat in the last three months of 2011, the Bank of France said Tuesday, confirming an earlier estimate amid concerns the eurozone debt crisis could spark a recession.
The French central bank said there was no growth between (...)
Almarai dairy company, a founding shareholder in Zain Saudi, will likely take a $36 million impairment on its stake in the telecoms carrier at the end of 2011 if the shares remain stuck near current levels, the company's chief financial officer said (...)
century after the creation of “.com,” the agency that assigns Internet addresses is loosening its rules and allowing suffixes named after brands, hobbies, political causes and just about anything else.
Under guidelines approved Monday, Apple could (...)
JEDDAH: Attieh Steel, ATS, Fuchs Hamrani and Usman Gems Blue from Group A as Al-Mazroi, My Care White, Usman Gems Tigers and Johnson Control have entered the pre-semis of the Prince Faisal Morning Tournament.
The tournament, sponsored by Saudi (...)
China recorded a trade deficit of $1.02 billion in the first three months of this year, its first quarterly deficit for six years, the government said on Sunday. January to March export value rose by 26.5 per cent year on year to $399.64 billion, (...)
JEDDAH: Mobily, the Saudi Arabian telecom operator run by Etihad Etisalat, has received a $320 million Islamic loan. Samba Financial Group, National Commercial Bank, Riyad Bank, Saudi British Bank and Banque Saudi Fransi are the five banks arranging (...)
net calls, reflected in the reduction of the net loss by more than 34% to SR544M compared to SR820M for the same period in 2009. The reduction in cost was also reflected in the increase of gross profit by 43% compared to the 29% increase in the (...)
MOSCOW: Kazakh qualifier Zarina Diyas beat top-seeded Jelena Jankovic 6-1, 6-2 Thursday in the second round of the Kremlin Cup.
The 268th-ranked Diyas, who celebrated her 17th birthday Monday, led 5-0 in the first set when Jankovic, 2008 champion (...)
JEDDAH: Saudi Arabian shares fell for a fourth day after banks in the kingdom reported lower third- quarter profit on provisions for bad loans.
The Tadawul All Share Index lost 1.2 percent at 6,226.78, the lowest since Sept. 1, in Riyadh. Saudi (...)
century run on daytime TV may be accompanied by a TV film dramatizing her life.
Veteran producer Larry A. Thompson said Monday the planned two- or four-hour Winfrey film will be based on Kitty Kelley's tell-all biography. Thompson says he has (...)
Saudi shares gained the most in a month on the first day of the week after second-quarter earnings came in above analysts' expectations.
Benchmark Tadawul All-Share Index (TASI) rose 2.38 percent to close at 6,200.26 points, the highest level since (...)
Saudi share prices fell the most in more than a week as concern on economic growth pushed global stocks lower and as short-term investors dominate activity, with large portfolio holders barred from trading during earnings season.
Saudi stock (...)
Favorite Rafael Nadal must negotiate a tricky path in his bid for a fifth French Open title following Friday's draw for the claycourt Grand Slam starting Sunday.
World No. 2 Nadal, however, did not seem too worried by his fate as he was spotted (...)
century after Imelda Marcos and her dictator husband fled the Philippines in disgrace - leaving a debt-ridden country but a lavish collection of shoes - the 80-year-old former first lady and two of their children are poised to revive the family's (...)
Saudi banks booked more provisions for bad loans during the third quarter but a veil of secrecy over the level of their exposure to troubled private firms is keeping investors guessing over their adequacy.
Stock exchange data showed that five Saudi (...)
World stock markets and oil prices fell sharply Monday as worries about US consumer spending reined in hopes for a quick global economic recovery – causing investors to look past the news that Japan has climbed out of recession.
In Europe, the FTSE (...)
Taiwan's traditional manufacturing industries look set for a boost following the unveiling of a Ministry of Economic Affairs value-added and business transformation program.
Chou Neng-chuan, deputy director-general of the MOEA's Industrial (...)
The US trade deficit rose in March for the first time since last July as the global recession cut sharply into sales of American exports. The politically sensitive deficit with China increased.
The Commerce Department said Tuesday the deficit (...)
Saudi lender Samba Financial Group posted a $3.73 billion fall in the value of its investments in the first quarter, although its net profit rose a better than expected 6 percent.
Investments fell to SR53 billion at the end of the first quarter of (...)
largest natural gas reserves.
At our current, average crude-oil production rate, proven reserves alone are conservatively estimated to continue for approximately 80 years. I emphasize the moderate nature of these estimates, especially in light of (...)
of-date card
By Thamer Qumqum
ARAR/JEDDAH – A Saudi resident of Arar has had SR277,500 stolen from his bank account in repeated thefts carried out in Jeddah. Bandar Bin Munawir, the victim of the theft, said that he still had his ATM card in (...)
Apple this week announced financial results for its fiscal 2008 fourth quarter ended Sept. 27. The company posted revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share. These results compare to revenue of (...)
one of the the highest for any bank since the
financial crisis began more than a year ago.
Aerospace giant Boeing reported third-quarter earnings had dropped
38 per cent as the company was hit by the costs of a protracted
machinists' (...)