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 Nov 07, 2009  
 
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Saudi Arabia Search Results
Gulf nations may gang up for ‘oil’ compensation
This is not the first time the kingdom has taken this stance, and although never successful at previous climate treaty negotiations its efforts have served to disrupt proceedings and delay results fro....
 
Dubai, Saudi gold sales go down
Jewellery shop owners said the economic crisis is also making people think twice before they spend. Less and less people are buying gold jewellery items these days that the yellow metal consumption is....
 
Iran becomes China’s biggest oil supplier
Iran overtake Saudi Arabia as the biggest supplier of crude oil to China in the month of May.....
 
OPEC ouput rises 3 lakh barrels a day in May
May production increases totaling 320,000 b/d from Angola, Iran, Nigeria, Qatar, Saudi Arabia, the UAE and Iraq were slightly offset by a 20,000 b/d decline in Venezuelan output.
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Guess the worth of Saudi King's golden gift to Obama
The necklace and the medallion gifted to US President Barack Obama by King Abdullah of Saudi Arabia is estimated to contain as much as $25,000 worht of gold if it is in 18 carats. Cash4Gold <....
 
Bullion trade in Middle East hit as gold demand falls
Recession is beginning to hit bullion trade hard across cities in the Middle East where gold is the most actively traded commodity. From Dubai to Saudi Arabia, demand for gold has fallen by 26% for th....
 
Elenex: 20 Indian power firms to attend
Twenty Indian power companies are participating in Saudi ELENEX show starting in Riyadh, Saudi Arabia next week.
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IMF says major Gulf economies set to decline
Three major economies of the Arab Gulf region, Saudi Arabia, UAE and Kuwait are bound for serious economic problems, the IMF said on Sunday.....
 
Bullion trade hit as gold sales fall 60% in Middle East
Bullion market across several cities in the Middle East have never experienced so bad times as January, February and March of 2009. Gold trade used to be the hottest sector in cities li....
 
Global gold jewellery exhibition begins in Jeddah
An international exhibition of gold and jewellery products has opened in the Saudi Arabian city of Jeddah, it has been announced.....
 
WGC to list Dubai Gold ETFs in Saudi Arabia

Wold Gold Council now thinks that it can cross-list the product on other exchanges in the Middle East, particularly in Saudi Arabia. As part of the WGC strategy for exchange traded gold, it has key....

 
Investcorp, partners buy 70% of L’azurde Jewellery
Investcorp and its consortium partners Eastgate Capital Group and The National Investor,has acquired a 70% stake in L'azurde, one of the world's largest gold and jewellery makers and a leading Mi....
 
No buyers for gold in Saudi, jewellers cut prices
In a bid to attract buyers, many gold dealers in Saudi Arabia have launched promotional schemes. They are offering discount sales of between 40 and 60 per cent off on some gold items because sales hav....
 
UAE lowers benchmark rate to one percent
Following Saudi Arabia in reducing key interest rates, the UAE also reduced its benchmark overnight repurchase rate by 50 basis points.....
 
Saudi cuts key interest rates
Saudi Arabia on Monday cut key interest rates by reducing its benchmark repurchase rate to 2 percent from 2.5 percent and its reverse repurchase rate to 0.75 percent from 1.5 percent.....
 
Indian companies may invest in Canadian oil sands
Canada has one of the highest reserves of crude in the world and most of the oil sands, which are in the western Canadian province of Alberta, have a proven reserve of 173 billion barrels - the highes....
 
Saudi to deepen output cut, crude oil recoups
Crude oil prices are recouping in the early trading on Friday on report of more production cut decision of Saudi Arabia, largest oil producer, following Kuwait and Iran.....
 
Saudi Arabia discovers new oil, gas fields
Saudi Arabia has discovered five new oil and gas fields in Eastern Province of the country, said the country's Petroleum and Mineral Resources Minister Ali Al-Naimi.....
 
Oil prices show signs of recovery
World oil prices showed signs of recovery in Asian trade Friday after some OPEC members including the UAE joined Saudi Arabia in deepening supply curbs to comply with the cartel’s biggest-ever c....
 
Saudi Arabia to hasten wheat imports
Saudi Arabia on Monday said it will import up to 800,000 tones of milling wheat in the year to September 2009 as it seeks to build up stocks while scaling back domestic wheat farming.....
 
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