| Saudi- SABIC to capitalize on shale gas boom
 Saudi Basic Industries Corp. is planning to build a new cracker in the US to capitalize on its shale gas boom. Mohamed Al-Mady, ... Germans invest $ 8 bn in KSA
 German investments in Saudi Arabia have reached $ 8 billion, said Abdullatif Al-Othman, governor of Saudi Arabian General Investment Authority ... Cyprus civil servants, pensions could go unpaid
 Civil servants and pensions in cash-strapped Cyprus could go unpaid this month because of a shortfall of at least 75 million euros in ... Six million jobs lost in EU since 2008: ILO
 European Union economies have shed almost six million jobs since the global economic crisis struck in 2008, the International Labour Organisation ... Saudi- Massive development of holy sites to ease Haj
 Studies are under way to set up 60,000 fireproof tents in Arafat at a cost of SR 2 billion, and expand Mina to house seven million pilgrims as ... Saudi investments in energy and water to hit SR 502 bn
 Energy consumption in the Kingdom is witnessing an unprecedented growth, prompting a wave of investments expected to reach SR 502.5 billion for ... Leaving eurozone 'will take Cyprus back centuries'
 Finance Minister Haris Georgiades said Monday that leaving the eurozone would take Cyprus back "centuries" and insisted the island has no "Plan B" ... Japan Logs First Current Account Surplus in Four Months in February
Japan logged its first current account surplus in four months in February, with profits from the securities investments income account ... S.Korea urges North to lift Kaesong access ban
 South Korea on Monday issued another appeal for North Korea to lift an access ban on the Kaesong joint industrial park, which has already forced a ... Bullion hub: Dubai's gold trade exceeds $ 70 billion
 The value of gold traded through Dubai reached $ 70 billion in 2012 from just $ 6 billion in 2003 and Dubai has risen as a major global gold ... KSA travel trade gains from digital technology
 The Amadeus Exhibition for Technology kicked off at the Jeddah Hilton, displaying state-of-the-art products and technological solutions for ... US newspaper industry limits revenue drop to 2%
 US newspapers saw revenues fall two percent in 2012, an industry association said Monday, suggesting an easing of the woes of the beleaguered ... GE buying Lufkin Industries for $3.3 bn
 US industrial giant General Electric said Monday it will acquire Lufkin Industries Inc. for about $3.3 billion.Lufkin shareholders will receive ... China to Sustain Relatively High Economic Growth: President Xi
Chinese President Xi Jinping on Monday expressed his confidence that the country will sustain relatively high economic growth. ... Saudi- Al-Yamani: Livestock industry can contribute more to GDP
 The private livestock industry needs increase its involvement in the Kingdom's economy, says Hassan Al-Yamani, CEO and board member of Anaam ... Huawei looks to earn faith of United States
 Chinese tech giant Huawei said on Monday that it hoped to "solve the challenges and problems" it has in the United States after Washington labelled ... Taiwan- HTC Q1 profit dives to USD2.85m
Taiwan's HTC Corp announced that its first-quarter unaudited net profit plunged to USD2.85 million from USD362.7 million in the same period a year before, ... No proof China's H7N9 spreading between humans: WHO
 The World Health Organisation said Monday there is no evidence China's bird flu is spreading between humans, but jitters over the outbreak that has ... Saudi- Indian workers to get legal assistance
 Indian workers facing problems legalizing their status in Saudi Arabia will be given the services of local attorneys to help them avert ... Saudi- Hackers increasingly using portable devices
 Computer hackers are using portable devices to gain access to public and government computers, according to Hani Mukhtar, a Saudi IT expert in ... Jeddah targets abandoned cars
 The Jeddah Municipality and traffic police are waging a campaign to clear the city's streets of abandoned cars and shut down unlicensed ... Saudi- Free roaming urged The Communications and Information Technology Commission may allow telecom companies to provide free roaming services to mobile users in the ... | 
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