Saudi Arabia


  • *Alstom Transport chief sees IPO as early as June. *Seeks to deepen alliances in Russia, China, Japan. PARIS, Feb 6- Cash-hungry engineering firm Alstom may use a stock market listing to sell a stake in its transport business as early as June if a trade buyer cannot be found sooner for the maker of France's iconic high-speed trains, its transport chief said.

  • al-Jasser: KSA unemployment at 5.6%     Wednesday, 5 Feb 2014 | 7:00 PM ET

    In an exclusive interview, Saudi Arabia's Minister for Economy & Planning shares his hopes for job growth in the private sector, plus why entrepreneurs and SMEs are the key to the Kingdom's future.

  • al-Assaf: Economic outlook positive for 2014     Wednesday, 5 Feb 2014 | 7:00 PM ET

    In an exclusive interview, Saudi Finance Minister Ibrahim al-Assaf tells Access: Middle East what impact he anticipates the US shale boom will have on the Kingdom's economy.

  • Commodities Next Week: Oil prices pull back     Friday, 31 Jan 2014 | 4:00 PM ET

    CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Gold is up about 3 percent this year, as the S&P has fallen. And oil prices pulled back from their highs.

  • Hydraulic fracturing, coupled with tougher fuel-economy standards and increased use of biofuels, has reversed the growing dependence of the United States on energy imports in less than 10 years.

  • CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.

  • DAVOS, Switzerland, Jan 23- Iran is determined to negotiate a comprehensive deal on its nuclear programme with major powers so it can develop its battered economy, President Hassan Rouhani said on Thursday, inviting Western companies to seize opportunities now.

  • Iranian oil won't flood market: Saudi's fin min     Thursday, 23 Jan 2014 | 10:06 AM ET

    Ibrahim Adbul Aziz Al Assaf, Saudi Arabia's finance minister, says that Iranian oil will not "flood" the market and that agreeing on an increase will "take some time."

  • Al-Faisal: Education is the key     Wednesday, 22 Jan 2014 | 7:00 PM ET

    In an exclusive interview, Access: Middle East profile's HRH Prince Turki al-Faisal, Chairman of the King Faisal Center for Research and Islamic Studies in Riyadh.

  • In the final instalment of our exclusive interview, HRH Prince Turki al-Faisal talks about the possibility of a nuclear Iran, plus his hopes for the peace and stability of the region.

  • *Healthcare provision has lagged Saudi living standards. *High incidence of lifestyle-related diseases. RIYADH/ DUBAI, Jan 19- Stock market listings planned by two of Saudi Arabia's biggest private hospital operators point to a boom in its healthcare industry, as political pressures prompt the government to pour huge sums into the underdeveloped sector.

  • Could 2014 be the year for sukuk bonds? Thursday, 16 Jan 2014 | 11:25 AM ET

    Islamic bond issues could hit record levels this year, Fitch said on Thursday — the same day as Qatar launched a $3 billion issue of "sukuks".

  • Qatar Airways says to launch Saudi operations by Q3 Thursday, 16 Jan 2014 | 10:57 AM ET

    *Ticket, fuel price issues in Saudi Arabia resolved. MANAMA, Jan 16- Qatar Airways has reached agreement with Saudi authorities on solving problems that blocked its entry into Saudi Arabia's domestic market, and plans to start operating there by the end of the third quarter, its chief executive said on Thursday.

  • *Libya, Iraq contribute to lower OPEC supply in December. LONDON, Jan 16- OPEC has lowered its oil output further and is pumping less than this year's global need for its crude, the exporter group said on Thursday, underlining the toll that outages in Libya and elsewhere are taking on production.

  • MANAMA, Jan 16- Saudi Gulf Airlines, a new carrier born of the deregulation of Saudi Arabia's aviation market, has signed a $2 billion deal with Canada's Bombardier Inc to buy 16 CSeries jets with options for 10 more, the airline's owner said on Thursday.

  • Although Spanish builders including Sacyr and FCC have made progress on cleaning up their balance sheets and looking for business abroad, the domestic market property market they depend on is still in free fall.

  • CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.

  • HRH Prince Turki Al-Faisal, former Saudi intelligence chief and former ambassador to the US, says America had "significant issues with doing the right thing" in Syria, as the U.S. could not end the bloody conflict.

  • CNBC's Bertha Coombs discusses the day's activity in the commodities markets. lnventories were down, so prices were up. There was also a surprise draw down in gasoline supplies.

  • RIYADH, Dec 23- Saudi Arabia's 2014 state budget projects spending will rise a modest 4.3 percent from this year's plan, the slowest rate in a decade, suggesting the kingdom is starting to curb expenditure after years of huge increases.

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