Posts from category Saudi Arabia News
China Okays Iran Sanctions – Yet Holds Trade with Impunity
on August 11, 2010 by admin in Bilateral Trade, China Business News, Economy, Global Export News, Iranian Business, Iranian News, Saudi Arabia News, US Business News, Comments Off
The recent sanctions against Iran hammered out by the US and like-minded countries targeting energy and banking sectors have become more blatantly farcical when China resumed oil trade with Iran even after the embargo came into effect. Desperate moves by… Continue reading
Afghan Serendipity Exposes US Interests in Business of War
on June 15, 2010 by admin in Business, China Business News, Economy, Global Economy, India, India News, Opinion, Politics, Research, Review, Russia News, Saudi Arabia News, Trade News, US Business News, World Business, World Business News, Comments Off
It was always a mystery why most military powers constantly attempted to occupy often portrayed derelict Afghanistan, but with the latest discovery of the country being seated over more than $1tn precious mineral deposits lays it to rest instantly. According… Continue reading
Cosmetics Next in Line to Boost Global Halal Trade
on June 7, 2010 by admin in Bahrain News, Business, Dubai News, Export News, GCC News, Saudi Arabia News, Trade News, UAE News, US Business News, Comments Off
The recently concluded Beautyworld Middle East 2010, the largest international trade fair for beauty products in the Middle East, is proving that there is huge demand for halal cosmetics as well besides halal food. Increased participation from the US companies… Continue reading
GCC Puts Oil and Gas Exports at $18.3tn
on May 25, 2010 by admin in Africa News, Business, Export News, GCC News, Kuwait News, News, Saudi Arabia News, Trade News, World Business, Comments Off
The head of Dubai International Financial Centre (DIFC) while addressing the second day of the MENASA (Middle East, North Africa and South Asia) Forum in Dubai said with the presumption of average oil price at $50, the current value of… Continue reading
Developing Nations Follow Rich – Pile up Arms with New Lucre
on March 17, 2010 by admin in Africa News, ASEAN News, Asia Pacific Trade, Defence Supplies, Defense Supplies, Export News, Global Export News, Import News, Russia News, Saudi Arabia News, Comments Off
According to a new study, the emerging economies of Latin America as well as South Asia are amassing arms to improve their defence status with their new earnings delivered by globalization. In the past century if it was the advanced… Continue reading
GCC Rail Projects Provide Huge Opportunities for Rail and Related Global Businesses
on May 14, 2009 by admin in GCC News, Kuwait News, Qatar News, Saudi Arabia News, Trade News, World Business, World Business News, Comments Off
Apart from about 4000km long rail tracks criss-crossing the GCC states, there are several other railway projects in progress and coming up across Gulf region. France, China, the US, UK and India already have a significant presence in the construction… Continue reading
GCC to Ward off the Fears of Fiscal Deficit, if Current Oil Prices Stay Afloat
on April 13, 2009 by admin in Bahrain News, Dubai News, GCC News, Kuwait News, Marine business, Oman News, Qatar News, Saudi Arabia News, Trade News, UAE News, World Business, Comments Off
According to the Middle East oil experts, the current crude prices in the realm of $50/barrel will help GCC to avoid a potential budget deficit as announced by the latest bulletin of the Emirates Industrial Bank (EIB). The bulletin has… Continue reading
Oil Price Predictions Come True – $60/barrel only in Sep.
on April 5, 2009 by admin in Bahrain News, Business, Crude Prices, Dubai News, GCC News, IEA News, Oil Prices, Oman News, OPEC, Qatar News, Saudi Arabia News, Trade News, UAE News, World Business, World Business News, Comments Off
The crude oil prices gradually lost ground after International Energy Agency (IEA) declared fuel demand would decline significantly in the coming months than earlier thought. The grim economic data receiving from major oil consuming countries had forced them to bring… Continue reading