Saudi Arabia produces 67% of GCC's petrochem output Petrochemicals production in Saudi Arabia hit 86.4 million tons in 2012, up from 80.5 million tons of capacity in the previous year, the Gulf Petrochemicals & Chemicals Association (GPCA) Annual Report 2012 said. Petrochemicals production in Saudi Arabia hit 86.4 million tons in 2012, up from 80.5 million tons of capacity in the previous year,...

3 Saudi projects qualified for Intel contest in Abu Dhabi The 2nd National Technology Entrepreneurship Challenge (NTEC) concluded here Saturday night by selecting three entrepreneurial projects as winners of this year’s edition. The 2nd National Technology Entrepreneurship Challenge (NTEC) concluded here Saturday night by selecting three entrepreneurial projects as winners of this year’s...

.. air-defence systems. Der Spiegel noted the shoulder-launched surface-to-air missiles can target low-flying aircraft including helicopters and had given mujahideen fighters in Afghanistan a decisive edge against Soviet troops in the 1980s. Saudi Arabia is a key supporter of the Syrian rebels and has long advocated providing them with better weaponry. Washington vowed last...

Petrochemicals production in Saudi Arabia hit 86.4 m tons in 2012 At 86.4 million tons, Saudi Arabia accounted for more than 60 percent of the region’s total petrochemicals capacity in 2012. At 86.4 million tons, Saudi Arabia accounted for more than 60 percent of the region’s total petrochemicals capacity in 2012. Petrochemicals production in Saudi Arabia hit 86.4 million tons in 2012, up...

Qatari exports to UK decline by 23 percent The value of Qatari exports to the UK has declined by 23 percent from QR27.45bn (£4.8bn) in 2011 to QR21.16bn (£3.7bn) in 2012, statistics provided by the British Embassy in Qatar said. The value of Qatari exports to the UK has declined by 23 percent from QR27.45bn (£4.8bn) in 2011 to QR21.16bn (£3.7bn) in 2012, statistics provided by the British...

Iran plans to issue $ 32b in bonds to fund development projects The Central Bank of Iran has been authorized to issue 392 trillion rials (about $ 32 billion based on official rate dollar of 12,260 rials) in bonds to finance development plans in the current Iranian calendar year, which began on March 21, the Fars News Agency reported. The Central Bank of Iran has been authorized to issue 392...

Colleges of Excellence to provide world-class job skills to Saudis Saudi Arabia's goal is to set up an elite tier of world-class technical training colleges, providing opportunities for students that allow them to turn their passions into careers, according to Saleh A. Alamar, CEO of the newly established Colleges of Excellence (CoE). Saudi Arabia’s goal is to set up an elite tier of...

.. and flood drainage systems work. A municipality statement said yesterday that over 8,500 workers with equipment would be used, particularly in the Central Zone during the month. Additional workers and equipment will be deployed to cope with emergencies during the last 10 days of Ramadan. The mayor will head the supervisory committee for Ramadan, with the support of deputy mayor,...

Bahrain attendee of honor at 16th Arab-German Economic Forum Bahrain will be the country of honor at the 16th session of the Arab-German Economic Forum that kicked off on Friday in Berlin, under the auspices of Philipp Rosler, Germany's Federal Minister of Economics and Technology, the German Chambers of Commerce and Industry announced. Bahrain will be the country of honor at the 16th session of...

Kuwait eyes e-media in crime prevention The Kuwaiti delegation to the 10th Arab Security Media Conference has underscored the important role of electronic media, particularly social networks, in raising security awareness and countering crimes. The Kuwaiti delegation to the 10th Arab Security Media Conference has underscored the important role of electronic media, particularly social networks, in...

.. as air defense missile systems to protect Syria from a foreign invasion. British Prime Minister David Cameron will be meeting Putin in London on Sunday for talks on Syria, ahead of the two-day G-8 summit in Northern Ireland, and has pledged to have frank and open discussions with the Russian leader. “We will also take advantage that the open and honest format of discussion at the G8 has...

.. as air defense missile systems to protect Syria from a foreign invasion. British Prime Minister David Cameron will be meeting Putin in London on Sunday for talks on Syria, ahead of the two-day G-8 summit in Northern Ireland, and has pledged to have frank and open discussions with the Russian...

Economic, social pressures behind Expat crackdown The narrow, cracked streets of the district of Jleeb Al-Shuyoukh, down the road from Kuwait’s main airport, would normally be bustling with Indian and Bangladeshi workers by late morning, just before the summer sun becomes unbearable. The narrow, cracked streets of the district of Jleeb Al-Shuyoukh, down the road from Kuwait’s main airport,...

Dedicated staff behind Arabian Oud's success In line with its continuing commitment to strengthen corporate excellence and promote a culture of innovation and creativity, Arabian Oud, the largest specialized perfume retailer in the world and the Middle East region’s foremost luxury fragrance house, recently held a ceremony honoring distinguished employees from its various departments and...

.. instead of relying on systems that now are widely known to be under surveillance. A group of US senators have demanded to know how the administration interprets the laws that underpin intelligence surveillance programmes. A draft bill would force the US government to disclose the opinions of a secretive surveillance court that determines the scope of the eavesdropping on Americans' phone...

SQHCCS to promote peace and friendship among peoples The Sultan Qaboos Higher Centre for Culture and Science (SQHCCS) Board yesterday held its first meeting for 2013 under the chairmanship of Sayyid Khalid bin Hilal al Busaidy, Minister of the Diwan of Royal Court, Chairman of the SQHCCS Board. He opened the meeting by congratulating the members on their first meeting after issuing the Royal...

South Korea urged to take part in $ 2.54 trillion GCC projects The Federation of GCC Chambers have called upon South Korea to make use of the huge investment prospects worth $ 2.54 trillion in the GCC countries, especially in the vital sectors of oil & gas, petrochemicals, water and electricity, real estate, and tourism. The Federation of GCC Chambers have called upon South Korea to make use of...

.. cameras, infra-red systems and GPS technology to link their patrols. On Prince Mohammed’s watch, similar technology has been deployed to protect Abqaiq, the world’s largest oil processing facility, and to monitor car traffic flows on the kingdom’s 173,000 kilometers (108,000 miles) of roads. ‘Better Job’ The Jazan border patrols caught 17,460 infiltrators in the last month of...