RIYADH, 24 November 2005 — The industrial landscape of Saudi Arabia will undergo a massive change with the execution of some multibillion riyal projects by the National Industrialization Company (NIC) in partnership with some local and regional business houses within the next two to three years. NIC has already embarked on the ambitious plan to execute these industrial and petrochemical projects including an ethylene & polyethylene project and a methanol/acetic acid complex.
RIYADH, 20 November 2005 — Custodian of the Two Holy Mosques King Abdullah yesterday called upon oil consuming nations to cut energy taxes to bring down soaring prices. He said Saudi Arabia would continue its efforts to stabilize world oil market by ensuring adequate supplies.
RIYADH, 19 November 2005 — Saudi Arabia is planning to institute helicopter mounted border controls along the country’s frontier with Iraq. They will help check infiltration by illegal immigrants and the smuggling of arms and narcotics along the 830-kilometer border. More than 50,000 illegal immigrants including criminals are arrested every month while they try to cross into Saudi Arabia from Iraq, Yemen and other countries bordering the Kingdom.
RIYADH, 11 November 2005 — Fears of bird flu outbreak have hit chicken sales in Riyadh. All poultry retail shops, mainly manned by Bangladeshi, Asian or Arab expatriates, are experiencing a sharp decline in sales. “Our sales have dropped by 15 percent and as a result we have cut down orders for live poultry and poultry products,” said Mobin Chowdhury, who runs a poultry shop in the city center, here. Chowdhury said that “the avian flu fears or a possible outbreak would hit the local poultry sector very badly and the losses would be in the vicinity of millions of riyals.”