Monthly Archives: March 2007

Kingdom, South Africa To Boost Trade Ties

Kingdom, South Africa To Boost Trade Ties

RIYADH, 15 March 2007 — Saudi Arabia and South Africa have set out a new vision of political and economic relationships following summit-level talks on a range of issues. The two countries also agreed to give a new boost to trade and investment relations and, in the presence of Custodian of the Two Holy Mosques King Abdullah, signed an agreement on Tuesday to avoid double taxation. South African President Thabo Mbeki also witnessed the signing ceremony. Terrence Manase, a spokesman for the South African president, said, “The visit will improve political and commercial ties and will consolidate relations in other sectors.”

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Almutlaq Opens New Showroom In Riyadh

RIYADH, 13 March 2007 — Almutlaq’s Furniture, the sole dealer for the brands “Natuzzi”, “Gautier”, “Calligaris”, “Alf”, “La-z-boy” and “Warde” in Saudi Arabia, opened its new showroom on Olaya Thalatheen Street in the capital city yesterday. The move comes as Almutlaq’s Furniture seeks to address the increasing demand for its elegant furniture as well as offer its valued clients the newest designs of the Italian Natuzzi and French Gautier brands. The new showroom will also provide after-sales services, including delivery and installation.

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Energy Charter Calls For GCC Accession

The Belgium-based Energy Charter, a unique institution for the promotion of international cooperation in the energy sector, has planned to hold talks with the member states of the Gulf Cooperation Council (GCC) to negotiate their accession. Saudi Arabia and the five Gulf countries are not signatories to the Energy Charter Treaty, but they hold observer status of the Charter that provides a multilateral framework for energy cooperation on global level.

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Ahmadinejad To Visit Kingdom Tomorrow

Iranian President Mahmoud Ahmadinejad will arrive here tomorrow for talks with the Saudi leadership on a range of bilateral, regional and international issues. Iranian Ambassador to Saudi Arabia Mohammad Hosseini said that Ahmadinejad will mainly “discuss avenues for bolstering bilateral relations, the situation in the Middle East and the latest developments in the region and the world of Islam.”

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