...volume to the Kingdom so far this year is up 32 percent from the same period last year. Ewa, who earlier in the day visited the King Abdullah Economic City, which is under construction, said she was confident "this city will reflect modern Saudi Arabia." She...
...an unusual departure for Saudi Arabia, which has long avoided the appearance of trying to set the price of oil. Saudi King Abdullah also used the $75-a-barrel price tag in an interview on Saturday with a Kuwaiti newspaper. Other OPEC ministers quickly seized...
...energy sector shed 5.5 percent while banks dropped 3.0 percent. The market had surged Saturday by 9.51 percent after King Abdullah said the economy of the oil powerhouse remained solid despite the global economic crisis. In the United Arab Emirates, the Dubai...
...Tadawul All Share Index (TASI) of the Arab world's largest stock market climbed 9.51 per cent on Saturday on assurances by King Abdullah that the Saudi economy was "strong" and that there was nothing to worry about. Analysts also attributed Saturday's jump...
... (MENAFN - Arab News) Custodian of the Two Holy Mosques King Abdullah said the Kingdom's economy was in excellent condition and that it had only suffered from the panic that gripped the world following the economic meltdown elsewhere. In an interview with...
...and how best it could further be expanded. Right now, the trade balance stands in favor of Sweden. Ewa is due to visit the new King Abdullah Economic City in Rabigh and meet Minister of Finance Ibrahim Al-Assaf today. Within the EU, Sweden has been pushing...
... (MENAFN - Arab News) Custodian of the Two Holy Mosques King Abdullah and French President Nicolas Sarkozy yesterday called for international efforts to protect shipping in the Gulf of Aden. The two leaders also discussed the global financial crisis and...
King Abdullah of Saudi Arabia says measures should be taken to increase the price of crude oil to the "fair price" of $75 per barrel.
I feel measures should be taken to drop the price of crude to a "fair price" of $7.50.
...than 100 disabled boys and girls between four and 12 years of age had a field day during the sports day organised by the King Abdullah bin Abdul Aziz Centre, formerly the Disabled Children Association (DCA). The children took part in a number of activities...
...not been affected by the drop in oil prices, King Abdullah said, adding that the fair price for a barrel of crude is $75. Â King Abdullah said that Saudi Arabia is on track to spend $200 billion on infrastructure and other growth projects outlined in the kingdoms...