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General Electric plans to raise investments in Saudi Arabia 
Khaleej Times - 2 hours, 33 minutes ago
JEDDAH General Electric Co. (GE), a major global engineering company, has plans to increase its investments in Saudi Arabia, according to Nabil A Habayeb, GE president and CEO for the Middle East and Africa.Saudi Arabia posts US$70b budget surplus Channel NewsAsia - Dec 18 12:59 PM
RIYADH : Oil powerhouse Saudi Arabia said it will post a record budget surplus of US$70 billion in 2006 on the back of high crude prices and announced a budget plan for 2007 forecasting a much smaller surplus of US$5.3 billion.Average Issue Readership General Public PARC Media Index 1997, Saudi Arabia Arab News - Dec 18 4:17 PM
With technology opening the new doors of communication and the distribution of news and information, ArabNews Online is not bound by physical limitations. ArabNews Online is published by ArabNews from its offices located in Jeddah, Saudi Arabia, and is now available to readers around the globe.High Anxiety Reigns in Saudi Arabia The New York Sun - Dec 17 9:52 PM
High anxiety reigns in Saudi Arabia. The neighborhood is in upheaval, the hated Shiites are ascending, and there is turbulence in the higher circles of the ruling family. The Saudi ambassador to Washington the very senior Prince Turki Al-Faisal, who served for 25 years as chief of intelligence abruptly resigned last week and took off for home. Just before his departure, the prince engineered ...Corporate earnings in Saudi Arabia up 58pc Khaleej Times - Dec 17 7:56 PM
JEDDAH There was a 58 per cent increase in corporate earnings in Saudi Arabia in 2005, keeping up a trend that has seen an average growth of 55 per cent for the last five years, according to a Deutsche Bank report.Hilton selects Qasr Al Sharq, Saudi Arabia for Waldorf=Astoria Collection Gowealthy - Dec 17 10:21 PM
Hilton Hotel Corporation, a leading hospitality chain in the world, has announced that Qasr Al Sharq or Palace of Orient at Jeddah in Saudi Arabia, its first ever palace hotel in the Middle East, will join the Waldorf=Astoria Collection.Saudi Arabia blurs stance on output cut Houston Chronicle - Dec 17 2:08 AM
OPEC's president and oil powerhouse Saudi Arabia stepped back from direct calls to slash output Wednesday, the eve of the group's year-end meeting, in potential good news for consumers worldwide. Saudi posts 70 billion dollar surplus AFP via Yahoo! News - Dec 18 12:26 PM
Oil powerhouse Saudi Arabia said it will post a record budget surplus of 70 billion dollars in 2006 on the back of high crude prices and announced a budget plan for 2007 forecasting a much smaller surplus of 5.3 billion dollars.Saudi Arabia Children Learn Anti-Terrorism Israel National News - Dec 17 11:33 AM
(IsraelNN.com) Saudi Arabia officials have launched a campaign geared to teaching children the dangers of terrorism. The education department in the Makkah region is trying to combat the culture of terrorism that tries to engage young children in terrorist activities.Iran, Saudi Arabia keen to expand bilateral ties Islamic Republic News Agency - Dec 17 3:37 AM
Saudi Arabia - Relations - Iran Iranian Ambassador to Saudi Arabia Mohammad Hosseini in a meeting with Emir of Riyadh region Salman ibn Abdulaziz on Sunday called for expansion of bilateral relations.DCCI receives top business figures from Saudi Arabia AME Info - Dec 17 1:38 AM
In line with its strategy aiming to support the business community in Dubai and responding to its mission to be the recognized indispensable source of competitive advantage, Dubai Chamber of Commerce & Industry (DCCI) will receive tomorrow a high-ranking trade delegation from Saudi Arabia.Saudi Arabia Blocks Promised Access to Prisons AlertNet - Dec 18 8:06 AM
Source: Human Rights Watch (Riyadh, December 18, 2006) The Saudi government is refusing to grant a Human Rights Watch delegation access to the country's detention facilities despite numerous assurances from senior government ... Arms deal probe stopped over Saudi threat to cease terror help AFP via Yahoo! News - Dec 18 1:36 AM
A British investigation into a controversial arms deal with Saudi Arabia was stopped because Riyadh threatened to withdraw all co-operation on security and intelligence, a newspaper has reported.GE Signs Gas Turbine Contracts Valued Over $950M For Three Projects In Saudi Arabia ElectricNet - Dec 18 7:30 AM
GE Energy announced it has signed three contracts with the Saudi Electric Company (SEC) worth in excess of $950 million to supply 23 F-class gas turbines and additional equipment for three power plants that will add 2,900 megawatts of capacity to the Kingdom's electricity gridDCCI receives Saudi delegation Khaleej Times - 2 hours, 32 minutes ago
DUBAI Dubai Chamber of Commerce & Industry (DCCI) received yesterday a high-ranking trade delegation from Saudi Arabia.DCCI discusses ways of improving economic relations with Saudi Arabia AME Info - Dec 18 2:08 AM
The Saudi delegation was welcomed by H.E. Obaid Humaid Al Tayer, DCCI Chairman, and a number of the Board members, director general and businessmen.Saudi $70.66bn surplus AME Info - 1 hour, 51 minutes ago
Saudi Arabia expects to record a 24% increase in its budget surplus to $70.66bn in 2006, with around a third going towards paying off debt, Reuters reported. Debt is expected to fall to $97.6bn, or 28% of GDP, by the end of the year.E-Quran and E-Curriculum unveiled in Saudi Arabia AME Info - Dec 17 9:38 PM
Dar Al Rasm Al-Othmani and Intel yesterday launched the first E-Quran computer and Saudi tailored E-Curriculum.Mussa wins Saudi backing for Lebanon mediation AFP via Yahoo! News - Dec 17 12:06 PM
Arab League Secretary General Amr Mussa left Saudi Arabia after winning Riyadh's support for his efforts to broker a deal between Lebanon's government and opposition, an Arab diplomat said.Libdems demand Saudi arms report Reuters via Yahoo! UK & Ireland News - Dec 18 6:51 AM
The Liberal Democrat party demanded on Monday that the government publish a report about a huge arms contract with Saudi Arabia after Prime Minister Tony Blair scrapped a corruption inquiry into the deal last week.Opposition demands Saudi report News 24 South Africa - Dec 18 8:44 AM
The Liberal Democrats want a report about a huge arms contract with Saudi Arabia, after PM Tony Blair scrapped a corruption inquiry into the deal.British opposition party demands Saudi arms report Khaleej Times - Dec 18 7:19 AM
LONDON - A British opposition party demanded on Monday that the government publish a report about a huge arms contract with Saudi Arabia after Prime Minister Tony Blair scrapped a corruption inquiry into the deal last week.Saudi Arabia executes Pakistani for drug peddling Arab Times - Dec 16 4:24 AM
RIYADH, Dec 16 (Reuters) - A Pakistani man was executed in Saudi Arabia on Saturday for peddling heroine, bringing to 34 the number of executions reported by the conservative kingdom this year.MMC to list JV company in Saudi The Edge Daily - Dec 18 5:23 AM
MMC Corporation Bhd will be listing its joint-venture (JV) company with The Saudi Binladin Group in Saudi Arabia sometime next year to finance the US$30 billion (RM109 billion) Jizan Economic City (JEC) project.DCCI, Saudi talks AME Info - Dec 18 3:54 AM
The Dubai Chamber of Commerce and Industry has held talks with a trade delegation from Saudi Arabia concerning ways to develop bilateral trade relations and volumes.Raymond J. Learsy: Saudi Realpolitik: Political Blackmail, Oil Price Extortion HuffingtonPost - Dec 18 10:46 AM
Some two weeks ago, according to the New York Times , Saudi King Abdullah issued a warning to Vice President Cheney during his one day summoned visit to Saudi Arabia. His nation would provide financial support and aid to Iraqi Sunnis if the United States pulled its troops out of Iraq. This report has been denied both by the Saudis and White House spokesman Tony Snow " that's not Saudi ...WALDORF SET TO GO SAUDI New York Post - Dec 18 2:26 AM
Hilton Hotels, the second-largest U.S. hotel operator, will brand Saudi Arabia's Qasr al-Sharq as its first property in the Waldorf-Astoria Collection outside of the U.S. The inclusion of the Jeddah hotel in its luxury collection is the beginning...Saudi king vows to defeat 'terrorism' AAP via Yahoo!7 News - Dec 17 5:10 PM
Saudi Arabia's King Abdullah has vowed to defeat "terrorism" in the world's largest oil exporting nation and urged Saudis to unite behind this goal.(AFX UK Focus) 2006-12-18 11:12 GMT: UK govt silent on claim of Saudi threat to end intelligence sharing over BAE row Interactive Investor - Dec 18 3:38 AM
LONDON (AFX) - The UK government has stayed silent on claims that Saudi Arabia threatened to stop sharing intelligence about al-Qaeda and to downgrade its embassy in London unless the UK government ditched an inquiry into bribery allegations involving BAE Systems PLC.Saudi Arabia: SCC Wins SR300m Contract in Qatar Zawya - Dec 17 9:01 PM
JEDDAH, 18 December 2006 -- Saudi Cable Company (SCC) has won a contract valued at SR300 million for supply of high voltage cables (220 kV) to the Qatar General Electricity & Water Corporation (KAHRAMAA) as part of the Qatar Power Transmission System Expansion Phase VII, according to Dr. Waheeb A. Linjawi, group president and managing director of SCC.DELEGATION OF SAUDI ARABIA VISITS SHEKI REGION OF AZERBAIJAN AzerTag - Dec 15 11:14 PM
Saudi Arabia s delegation led by Minister of Culture and Information, Iyad ibn Ameen Madani yesterday has visited the Sheki region of Azerbaijan.Intel, Saudi Firms Partner on E-Quran AP via Yahoo! Finance - Dec 18 6:04 PM
Intel Corp., the world's largest computer chip maker, has partnered with two Saudi Arabian software companies to develop an electronic version of Islam's holy book and a training computer for teachers packed with the government-approved curriculum for schoolchildren.UK arms deal probe stopped over Saudi threat to cease terror help TODAYonline - Dec 17 4:59 PM
Eurofighter aircraft. A British investigation into a controversial arms deal with Saudi Arabia was stopped because Riyadh threatened to withdraw all co-operation on security and intelligence, a newspaper reported.Saudi king vows to defeat country's "terrorism" AlertNet - Dec 17 11:06 AM
Source: Reuters RIYADH, Dec 17 (Reuters) - Saudi Arabia's King Abdullah vowed on Sunday to defeat "terrorism" in the world's largest oil exporting nation and urged Saudis to unite behind this goal. The ... THE KINGDOM OF SAUDI ARABIA VOICES SUPPORT TO THE PRINCIPLE OF FAIR GEOGRAPHICAL REPRESENTATION AT THE UNSC. KOFI ANNAN ... Ain-Al-Yaqeen - Dec 15 2:04 PM
The Kingdom of Saudi Arabia has voiced support to the principle of fair geographical representation at the UN's Security Council, either for its permanent or non-permanent membership.U.S. Transfers 16 Detainees to Saudi Arabia from Guantanamo U.S. Department of State - Dec 15 2:19 PM
The Defense Department announced December 14 that 16 individuals who had been held in U.S. military custody at the Guantanamo Bay, Cuba, naval base as part of the global war against terrorism have been sent to Saudi Arabia. These detainees were transferred following a review by an administrative board that found they no longer pose a threat to U.S. or allied interests.MMC gets approval to list Saudi joint-venture firm The Star Online - Dec 18 3:43 PM
KUALA LUMPUR: MMC Corp and the Saudi Binladin Group have received approval to list a soon-to-be-formed joint-venture property development company on the Saudi stock exchange next year, MMC chief executive officer Feizal Ahmad said.Britain Drops BAE, Saudi Arabia Probe AP via Yahoo! Finance - Dec 14 12:25 PM
Britain's Serious Fraud Office has abandoned a fraud investigation into a multibillion dollar arms deal between BAE Systems PLC and Saudi Arabia because of government fears it would damage security and relations between the two countries.Intel partners with Saudi firms to develop electronic Quran KESQ - Dec 18 4:33 PM
SANTA CLARA, Calif. Intel has partnered with two Saudi Arabian software companies to develop an electronic version of Islam's holy book -- the Quran.The Hajj: keeping pilgrims safe CNN.com - Dec 18 4:54 AM
Over two Muslims are converging on the holy city of Mecca in Saudi Arabia for The Hajj, Islam's annual pilgrimage to the birthplace of the Prophet Mohammad.U.K. Fraud Office Halts Probe Into Arms Sales to Saudi Arabia Bloomberg.com - Dec 14 10:32 AM
Dec. 14 (Bloomberg) -- U.K. fraud investigators dropped a three-year investigation into allegations of corruption surrounding sales of weapons to Saudi Arabia.Saudi posts 70 billion dollars surplus TODAYonline - Dec 18 11:59 AM
A general view shows a new oil plant inaugurated in March 2006 in Haradh, about 280 kms (170 miles) southwest of the eastern Saudi oil city of Dhahran.Risk to British lives ended Saudi jet probe Guardian Unlimited - Dec 16 7:16 PM
Saudi Arabia threatened to stop sharing vital intelligence unless UK suspended investigation into arms deal.Risk to British lives ended Saudi jet probe Guardian Unlimited - Dec 16 7:08 PM
Saudi Arabia threatened to stop sharing vital intelligence - particularly intercepted communications between al-Qaeda members active there - unless Britain suspended its investigation into a controversial arms deal, The Observer can reveal.Saudi eyes economic cities AME Info - Dec 16 9:08 PM
Saudi Arabia intends to develop two more economic cities in the north and east of the country in order to achieve a more even spread of development, reported Arab News. Amr Al Dabbagh, the Head of the Saudi Arabian General Investment Authority, said the four cities launched in Rabigh, Hail, Medin and Jizan will generate investment of around $80bn.Saudi bribes probe 'didn't lack evidence' Scotland on Sunday - Dec 16 5:03 PM
THE head of the agency responsible for investigating corruption allegations surrounding a £40bn arms deal with Saudi Arabia has denied claims he had insufficient evidence to press criminal charges.The Bedouin-inspired sport is popular in Saudi Arabia , Qatar and Kuwait Aljazeera - Dec 17 9:52 AM
Unicef has confirmed that the United Arab Emirates has ended the use of children as camel jockeys. In a statement carried by WAM, the official UAE news agency on Sunday, the government said it would spend $9 million to support children who were no longer working as child jockeys.Police: we were bugged in effort to halt BAe Saudi arms inquiry Independent - Dec 16 4:29 PM
Detectives investigating alleged corruption in BAe's dealings with Saudi Arabia believe that the probe was being bugged, The Independent on Sunday has been told.Blair pressed to publish secret report on BAE inquiry Guardian Unlimited - 2 hours, 36 minutes ago
Tony Blair was today under pressure to make public a National Audit Office report into BAE Systems' deals with Saudi Arabia and to make a statement to MPs explaining why a probe into the firm was dropped.BAE agreed a $19.8 billion deal with Saudi Arabia for 72 Eurofighter jets this year Aljazeera - Dec 14 1:07 PM
Britain's Serious Fraud Office (SFO) has dropped its two-year investigation into allegations of corruption over a multi-billion-dollar arms deal with Saudi Arabia.Biggest-ever budget for Saudis The Scotsman - Dec 18 4:53 PM
SAUDI Arabia has announced a £54 billion national budget for 2007, the largest in its history.Challenge looms over end to SFO probe Financial Times - Dec 18 6:30 PM
A landmark legal challenge to the government over its decision to scrap a Serious Fraud Office investigation into Saudi Arabia's dealings with BAE Systems was in prospect last night.MMC-Bin Ladin joint venture to seek Saudi stock exchange listing The Star Online - Dec 18 2:58 AM
KUALA LUMPUR: MMC Corp and the Saudi Bin Ladin Group have proposed to list their joint venture company on the Saudi stock exchange next year, MMC chief executive officer Feizal Ali said.The Middle East's Leading English Language Daily Arab News - Dec 18 4:15 PM
Saudi Arabia is in a second era of massive expansion. Plans are even more spectacular in scale than the first time round. The effect on Saudi business and industry is already apparent.Largest-Ever National Budget Arab News - Dec 18 4:18 PM
JEDDAH, 19 December 2006 Saudi Arabia yesterday announced the 2007 national budget, the largest in its history with expenditures projected at SR380 billion ($101 billion) and revenues at SR400 billion ($106 billion), reflecting the growing strength of its economy.Healthy Economic Growth for 2006 Arab News - Dec 18 4:20 PM
JEDDAH, 19 December 2006 Saudi Arabia is the largest and most important economy in the Middle East. In 2006 gross domestic product reached SR1.3 trillion ($347.9 billion) compared to our 2006 forecast for Iran ($202.1 billion) and the UAE ($157.4 billion).Iran worried by Saudi's pro-Sunni 'Iraq plans' AFP via Yahoo! News - Dec 15 12:06 PM
Shiite Iran expressed concern about suggestions that Saudi Arabia might intervene on the side of Iraq's Sunnis if the United States swiftly pulls out of Iraq.RELATED NEWS Zawya - 58 minutes ago
JEDDAH, 19 December 2006 -- Saudi Arabia yesterday announced the 2007 national budget, the largest in its history with expenditures projected at SR380 billion ($101 billion) and revenues at SR400 billion ($106 billion), reflecting the growing strength of its economy.UPI Energy Watch UPI - Dec 18 2:29 PM
Saudi Arabia's state power firm Saudi Electric Company has awarded General Electric a $1 billion gas turbine contract, the largest order in five years, underlining GE's growing focus on emerging economies, the Financial Times reported.Largest-Ever National Budget Arab News - Dec 18 4:19 PM
JEDDAH, 19 December 2006 Saudi Arabia yesterday announced the 2007 national budget, the largest in its history with expenditures projected at SR380 billion ($101 billion) and revenues at SR400 billion...Saudi arms deal probe dropped ITV.com - Dec 16 12:58 PM
An investigation into a multi-billion pound arms deal with Saudi Arabia involving BAE Systems has been dropped by the Serious Fraud Office. (Pic: BAE Systems)Report: Saudi Arabia warns it could financially back Sunnis if U.S. pulls troops from Iraq Gloucester Daily Times - Dec 14 9:13 AM
NEW YORK (AP) - Saudi Arabia has warned Washington it might provide financial aid to Iraqi Sunnis in any fighting against Shiites if the U.S. pulls its troops out of Iraq, The New York Times reported yesterday.Eritrea: Donations Towards Martyrs' Trust Fund And Drought Victims AllAfrica.com - Dec 18 3:29 PM
Eritreans residing in Riyadh, Saudi Arabia, donated 868,000 Riyals towards augmenting the Martyrs' Trust Fund and in support of nationals affected by drought.Iran Ambassador confers with Saudi Interior Minister Islamic Republic News Agency - Dec 16 10:52 AM
Iran - Saudi Arabia - Ambassador Iranian Ambassador to Riyadh, Mohammad Hosseini, conferred with Saudi Interior Minister, Prince Nayef bin Abd al-Aziz, on Saturday calling for expansion of bilateral ties.Squash: Beng Hee goes down to world champion Palmer The Star Online - Dec 18 4:16 PM
PETALING JAYA: National men s No. 2 squash player Ong Beng Hee's campaign in the season ending Saudi International in Al-Khobar, Saudi Arabia ended in the second round yesterday.RELATED NEWS Zawya - 28 minutes ago
RIYADH, 19 December 2006 -- Mobily has introduced the lowest minute rate and a monthly fee for the postpaid subscriber in the Saudi Arabia.Our Writers - Jeddah based Arab News - Dec 18 4:17 PM
Khaled Al-Maeena is Editor-in-Chief of Arab News. Senior columnist, Asharq Al-Awsat, Al Madina, Urdu News, Gulf News . Khaled Al-Maeena is a well-known businessman, journalist, editor, PR consultant and media personality in Saudi Arabia.Blair under fire after Saudi arms deal probe halted AFP via Yahoo! News - Dec 15 9:16 AM
British Prime Minister Tony Blair has defended himself against criticism of a decision to stop a probe into a British weapons deal with Saudi Arabia, saying he was promoting national strategic interests.Eight more Pakistani pilgrims die Dawn - 1 hour, 58 minutes ago
ISLAMABAD, Dec 18: Eight more Pakistani pilgrims died during the last two days in Saudi Arabia raising the number of dead to 33.The press in Saudi Arabia BBC News - Dec 13 10:35 AM
BBC Monitoring profiles the Middle East press scene - Saudi ArabiaGetting to the top in Saudi Arabia BBC News - Dec 15 9:53 AM
Radio 4 reporter Andrew Bomford tells the story behind getting an interview with a leading Saudi Arabian politicianShining a light on Asia's servitude Bangkok Post - Dec 18 11:04 AM
Balearjo, Indonesia _ Fitriyah was 14 when her mother left their Java village to work as a maid in Saudi Arabia. There were two letters from Sulastri after she arrived in Riyadh, and then a silence for seven years: no calls, no letters, and no money. When Fitriyah saw her mother again, she was dead.Hotlinks Tiscali - Dec 18 4:21 PM
Arab League Secretary-General Amr Moussa is due in Beirut on Tuesday to meet the rival Lebanese politicians. He held talks on Sunday with leaders in Saudi Arabia, which supports Prime Minister Fouad Siniora s government.16 Gitmo detainees held in Saudi Arabia AP via Yahoo! News - Dec 14 1:07 PM
Sixteen Saudis released from the U.S. military prison in Guantanamo Bay, Cuba, returned home Thursday and were being held by Saudi authorities to determine if they have any terrorist ties.SAUDI ARABIAN DELEGATION VISITS AZERTAC AzerTag - Dec 16 8:59 AM
The delegation of Saudi Arabia led by Minister of Culture and Information, Iyad ibn Ameen Madani, visited today the Azerbaijan State Telegraph Agency (AzerTAc).Blair: Vital to end Saudi bribes probe CNN.com - Dec 15 6:40 AM
LONDON, England (Reuters) -- British Prime Minister Tony Blair said on Friday a decision to stop a corruption inquiry into a multi-billion-pound defense deal with Saudi Arabia was vital to British interests and he took full responsibility.Saudi Arabia Warns It Will Support Sunnis in Iraq NPR - Dec 13 1:28 PM
Saudi Arabia has warned that it would offer support to Sunnis in Iraq if U.S. forces withdraw. Madeleine Brand speaks with Lawrence Wright, author of The Looming Tower: Al-Qaeda and the Road to 9/11 about the implications of Saudi Arabian involvement in Iraq.Saudis approve IPO plan for $30 bln city venture Reuters via Yahoo! Asia News - Dec 18 2:54 AM
KUALA LUMPUR, Dec 18 (Reuters) - Malaysian industrial group MMC Corp has won Saudi government approval to list its Middle Eastern joint-venture firm in Saudi Arabia, targeting 2007 for the initial share sale, the company's chief said on Monday.Saudis claim Iran arming Iraqi Shiites UPI - Dec 18 4:58 AM
BAGHDAD, Dec. 18 (UPI) -- Saudi Arabia's intelligence agency claims Iran is arming Shiite Muslim militants and funding Shiite schools and hospitals in neighboring Iraq.Policy Watch: Saudi Arabia and Iraq UPI - Dec 15 6:29 AM
WASHINGTON, Dec. 15 (UPI) -- In a Nov. 29 Washington Post op-ed piece, the well-connected Saudi analyst, Nawaf Obaid, warned that the Kingdom would provide aid to Iraqi Sunnis if American forces withdrew from Iraq. The Saudi Press Agency quickly issued a statement from an unnamed "official source" saying that Obaid's op-ed "does not represent any official Saudi authority."The coming Sunni-Shi'ite showdown Asia Times - Dec 18 3:05 AM
WASHINGTON - After indications that Saudi Arabia would be forced to step into Iraq in the event of a US withdrawal to counter Iran-backed Shi'ite militias, Saudi officials have been silent.Press Releases Global Witness - Dec 18 8:26 AM
Global Witness condemns yesterday s apparent decision by the UK Government to interfere with the Serious Fraud Office s investigation into BAE System s 1980 s Al Yamamah deal with Saudi Arabia.BAE shares rocket after investigators pull plug on Saudi probe AFP via Yahoo! News - Dec 15 3:11 AM
The share price of BAE Systems soared by almost 8.0 percent as investors seized on news that fraud investigators had ditched a long-running probe into an arms deal with Saudi Arabia.King Abdullah: Dedicated to the service of the people Financial Express - Dec 18 8:13 AM
For nearly six decades, the new King of Saudi Arabia Abdullah Bin Abdul Aziz has been closely involved in the profound changes that have taken place in Saudi Arabia, working with five Kings as they successfully brought about far-reaching socio-economic development while preserving and strengthening the foundations of Saudi society-commitment to Islam and Arab heritage.BAE shares rocket after Britain pulls plug on Saudi probe AFP via Yahoo! News - Dec 15 2:40 AM
The share price of BAE Systems soared by almost 8.0 percent as investors seized on news that British fraud investigators ditched a long-running probe into an arms deal with Saudi Arabia.Saudi Arabia: SR7bn Jeddah Sewage Project Will Take Up to Seven Years Zawya - Dec 17 9:01 PM
JEDDAH, 18 December 2006 -- Jeddah Mayor Adel Faqeeh announced yesterday that the city's sewage network project, worth some SR7 billion, would take from five to seven years to complete.Blair defends dropping probe into Saudi arms deal International Herald Tribune - Dec 15 5:44 AM
Prime Minister Tony Blair defended the government's decision to halt an inquiry into a deal with "key ally" Saudi Arabia.Saudi Arabia Warns It Will Support Sunnis in Iraq NPR - Dec 13 1:18 PM
Day to Day , December 13, 2006 · Saudi Arabia has warned that it would offer support to Sunnis in Iraq if U.S. forces withdraw. Madeleine Brand speaks with Lawrence Wright, author of The Looming Tower: Al-Qaeda and the Road to 9/11 about the implications of Saudi Arabian involvement in Iraq.Saudi Basic eyes India plant Gulf Times - Dec 17 9:51 PM
DUBAI: Saudi Basic Industries Corp (Sabic) is in talks to build a chemical plant in India as part of plans to boost capacity by almost 50% between 2009 and 2015, the company s CEO said yesterday.PM urged to publish secret report Guardian Unlimited - Dec 18 4:10 AM
Tony Blair under pressure to make public a National Audit Office report into BAE Systems' deals with Saudi Arabia and to make statement on why a probe into the firm was dropped.BAE Shares Rise After U.K. Drops Saudi Contract Probe (Update6) Bloomberg.com - Dec 15 9:47 AM
Dec. 15 (Bloomberg) -- Shares of BAE Systems Plc, Europe's largest weapons maker, rose the most in 3 1/2 years after the U.K.'s Serious Fraud Office dropped a probe into defense contracts with Saudi Arabia.A future for Hezballah? Monday Morning - Dec 18 7:21 AM
Saudi Arabia s King Abdallah bin Abdelaziz also sent a message to the commander-in-chief of the Lebanese Army, General Michel Suleiman, a message which was understood as a salute to the role the Army has played so far in remaining equidistant from both sides, and the importance of maintaining that role to the end.Report: Saudi Arabia warns it could financially back Sunnis if U.S. pulls troops from Iraq Helena Independent Record - Dec 13 10:57 PM
NEW YORK (AP) - Saudi Arabia has warned Washington it might provide financial aid to Iraqi Sunnis in any fighting against Shiites if the U.S. pulls its troops out of Iraq, The New York Times reported Wednesday.Very British solution to Saudi problem BBC News - Dec 15 5:24 AM
The British decision to terminate an inquiry into corruption surrounding a deal with Saudi Arabia has caused little surprise, says Paul ReynoldsGuardian Zoujaj International Float Glass Co. LLC raises US$100 million syndicated loan facility Mena Report - Dec 18 3:09 AM
Guardian Zoujaj International Float Glass Co. LLC (Guardian RAK) signed a joint venture between Guardian Industries Corp., The National Company for Glass Investments (Zoujaj) of Saudi Arabia and Zamil Group also of Saudi Arabia, has signed a seven-year US$ 100 million loan facility agreement.FOCUS: High Oil Prices Seen To Boost Saudi Fiscal Surplus Nasdaq - Dec 17 6:07 AM
RIYADH (Zawya Dow Jones)--Saudi's 2006 fiscal surplus, which is due to be unveiled Sunday or Monday, is likely to be much higher than what the government had forecast as the kingdom benefits from high oil prices, analysts say.British Drop Inquiry Into Saudi Arms Deal New York Times - Dec 14 6:49 PM
Britain dropped a corruption inquiry into a defense deal with Saudi Arabia after officials said it could undermine national security.Iran worried by Saudi's pro-Sunni 'Iraq plans' IranMania.com - Dec 15 9:01 PM
LONDON, December 16 (IranMania) - Shiite Iran expressed concern about suggestions that Saudi Arabia might intervene on the side of Iraq's Sunnis if the United States swiftly pulls out of Iraq, AFP reported.Blair defends Saudi probe decision Reuters.co.uk - Dec 15 5:44 PM
BRUSSELS/LONDON (Reuters) - Prime Minister Tony Blair defended on Friday a decision to halt a corruption inquiry into a multi-billion-pound defence deal with Saudi Arabia, but analysts questioned his argument that vital national security interests were at stake.Liberal Democrat leader Menzies Campbell Liberal Democrat Party - Dec 18 5:21 AM
will on Monday seek to force the Government to publish the National Audit Office s (NAO) report on the Al Yamamah contract drawn up for the sale of weaponry to Saudi Arabia in 1992. It remains the only NAO report never to have been released in the public domain.
