Tuesday, May 21st 2013

Tags (17) : Saudi Arabia

Morocco sees phosphate prices steady through 2012

Yacout Info | 11/03/2011 | News
Morocco, the world’s biggest holder of phosphate reserves, expects a gap between global supply and demand to remain tight, supporting prices of the rock and its derivatives through 2012. Phosphates and by-products such as DAP and MAP fertilisers are Morocco’s biggest export earners. “Prices of...
DAP, Maaden Project, MAP, OCP, Phosphates, Saudi Arabia

IMF Sees Varied Outlook for Mideast, with Oil-Importing Countries Facing Continued Economic Pressures

Yacout Info | 10/26/2011 | Economy
The economic outlook for countries across the Middle East and North Africa region varies markedly, with the oil-exporters seeing a mild pickup in growth in 2011 on the back of higher oil prices, and the oil-importers experiencing a dramatic slowdown, the IMF says in its latest assessment of the...
Algeria, Bahrain, IMF, Iran, Iraq, Kuwait, Mauritania, Mena, Middle East, Morocco, oil prices, Oman, Qatar, Saudi Arabia

Saudi King Abdullah ‘has successful back surgery’

Yacout Info | 10/19/2011 | News
Saudi Arabian ruler King Abdullah has had successful back surgery in Riyadh, the official Saudi Press Agency (SPA) has said. A royal palace statement said the operation on the 86-year-old monarch was to treat a loose vertebra in his back. The king arrived at the hospital on Sunday night. In...
back surgery, King Abdallah, Saudi Arabia

Morocco welcomes large international condemnation of Israel’s colonization policy

Yacout Info | 10/18/2011 | News
Morocco welcomes the large international condemnation of the decision by the Israeli government to construct new housing units in Al-Quds East in a blatant violation of the international legality, Foreign Minister, Taib Fassi Fihri said on Monday in Rabat. Following the decision by the Israeli...
Al-Quds, Fassi Fihri, Iran, Isreal, Saudi Arabia, William Hague

Morocco, the GCC’s Maghreb protector?

Yacout Info | 10/14/2011 | News
When the proposal to invite Morocco and Jordan into the Gulf Cooperation Council first made headlines last May, it was interpreted as an offer of solidarity between monarchs at a time when Bahrain’s Sunni royal family was facing angry protests In fact, the effort to expand the regional...
GCC, Jeddah, Jordan, Morocco, Nasser Jouda, Oman, Qatar, Saudi Arabia, Taib Fassi Fhiri

Hikma Pharma moves into Morocco with $111 million deal

Yacout Info | 10/03/2011 | Company Information
Jordanian group Hikma Pharmaceuticals took a further step to building up its presence in North Africa on Monday with a deal to buy 63.9 percent of Morocco's Promopharm for $111.2 million.   The acquisitive multinational group said it would also launch a mandatory tender offer to buy out the...
Algeria, Amman, Hikma, Jordan, Pharmaceuticals, Prmopharm, Said Darwazah, Saudi Arabia

6.5% growth boosting Saudi Arabia’s economy

Yacout Info | 09/17/2011 | News
Saudi Arabia’s economy looks ready for a period of sustained growth, with oil revenues remaining high, non-hydrocarbons exports on the rise and the effects of a massive investment programme by the state starting to kick in, Global Arab Network reports according to Oxford Business Group....
IMF, Jarmo T Kotilaine, King Abdullah, OPEC, Saudi Arabia, Saudi economy

Saudi Arabia and Morocco lead solar demand in MENA

Yacout Info | 09/08/2011 | News
Saudi Arabia and Morocco are two of the strongest markets in the Middle East when it comes to solar demand, a new report by Lux Research has shown. The global solar market is expected to grow from 15.8GW in 2010 to 37.5GW by 2016 for $65.4bn, a compound annual grow rate of 15.5%, the report said....
global solarmarket, Lux Research, Matthew Feinstein, MENA, Moroccco, Saudi Arabia

Kuwait, Saudi Arabia boost oil output to ease prices

Yacout info | 09/06/2011 | News
OPEC members Saudi Arabia and Kuwait boosted their oil production in August to prevent prices from rising sharply and negatively impacting on the world economy, Kuwait’s oil minister said. “Had not a number of OPEC members, including Kuwait and Saudi Arabia, increased their oil production,...
Kuwait, Mohammad al-Baseeri, Oil production, OPEC, Saudi Arabia

Saudi Arabia: Retail spending to rise to $ 100 billion

Yacout Info | 03/16/2011 | Economy
The retail sector in Saudi Arabia appears set for solid medium-term growth, with sales and turnover expected to rise steadily in the coming years as the public begins benefitting from a greater range of product lines and more shopping centres, Global Arab Network reports according to OBG. The...
ICD Research, Saudi Arabia, Spending, UN

Saudi Arabia: Gulf Countries Achieve $55 Billion Fiscal Surplus

Yacout Info | 03/14/2011 | News
High oil prices allowed Gulf hydrocarbon exporters to record a collective fiscal surplus of around $55.4 billion in 2010 although some of them have budgeted a deficit, Global Arab Network reports according to emirates247 website. The six Gulf Cooperation Council (GCC) countries, which control...
fiscal surplus, Gulf countries, oil, Saudi Arabia

Unrest in Arab World Costs Saudi Market $ 54 Billion

Yacout Info | 03/06/2011 | Economy
Saudi Arabia’s stock market has plunged by nearly $54 billion since the end of January as investors remain under the grip of fear that the current turbulence in the region could spill into the world’s oil superpower, Global Arab Network reports according to Emirates 24/7 website. The slump in...
Saudi Arabia, Stock Market

Kingdom of Saudi Arabia, Morocco sign MoUs

Yacout Infro | 02/12/2011 | News
Saudi Arabia and Morocco Thursday signed two memoranda of understandings for cooperation in the fields of constructional development and diplomatic studies. The MoUs were signed on the sideline of the Saudi-Moroccan Joint Commission meeting which also concluded on Thursday. Prince Saud...
Abdulrahman Bin Hasan Aal Al-S, Morocco, Saudi Arabia, Taieb Fassi Fihiri

Morocco and Saudi Arabia Lifting Obstacles, Strengthening Trade Exchange

Yacout Info | 02/11/2011 | News
Morocco and Saudi Arabia agreed to lift all obstacles which impede investment flow. In a final statement of the 11th Moroccan-Saudi joint commission, held on 9-10 February in Rabat, the two parties also agreed to lift all constraints which hinder the free movement of goods with a view of...
Morocco, Saudi Arabia

Saudi Arabia, Morocco launch business council in Rabat

Yacout Info | 02/09/2011 | News
The Moroccan-Saudi business council opened in Rabat as part of the 11th Moroccan-Saudi joint commission. The meeting aims to strengthen the role of the Moroccan and Saudi businessmen with a view to further boosting the cooperation between the two countries, spurring on investment opportunities and...
Business Council, Morocco, Saudi Arabia

Saudi Arabia: Economic Growth to expand by 4.3% in 2011

Yacout Info | 02/02/2011 | Economy
The Kingdom of Saudi Arabia (KSA) after successfully averting the global economic distress (real GDP growth of 4.2% in 2008 & 0.6% in 2009), is projected to record real GDP growth of 3.8% and nominal GDP growth of 16.6% (SAR1.6tn) in 2010. Global Research expects the economic expansion of Saudi...
Economic growth 2012, Saudi Arabia

UNCTAD: Saudi Arabia top ten foreign direct investment in the world

Yacout Info | 07/30/2010 | Economy
Saudi Arabia, the Arab world’s largest economy, comes eighth among top 10 recipients of foreign direct investment (FDI) in the world in 2009, making the oil-rich kingdom the top FDI destination in the Middle East, a UN report said, reports Global Arab Network. According to the World Investment...
FDI. UNCTAD, Saudi Arabia


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