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Suppliers of oil sands fuel shunned
...is, but both agree it is higher than traditional crude. The oil sands represent the largest proven oil reserve outside Saudi Arabia and reduce Washington's dependence on Middle Eastern fuel."There's going to be constant tension between environmental...said. "We're trying to be a leader - out in front on this issue.'' Marathon said it had no know-ledge of the lost business.While the fuel used by these companies is not enough to hurt the oil industry, they could lead others to follow, as... By Sheila McNulty in Houston
February 8, 2010
China overtakes EU as Iran’s top trade partner
...s largest trading partner, according to a new analysis of the commercial ties between the two countries.The growing business links between Beijing and Tehran underline China’s reluctance to agree to any further economic sanctions on Iran as western...with lots of other countries.”He added: “China would not make the mistake of risking damaging its relationship with Saudi Arabia, as well as Israel, Turkey and other Gulf countries” over Iran. China was opposed to “excessive sanctions... By Najmeh Bozorgmehr in Tehran and Geoff Dyer in Beijing
July 22, 2008
Middle East: Bankers carve out business in Saudi
...Riyadh or Jeddah is vital to developing Saudi business, the challenge comes in hiring local...wire compounds of socially conservative Saudi Arabia, a million cultural miles from...throughout 2007, according to Dubai-based business information provider Zawya. Saudi Arabia has accounted for more than half... By Simeon Kerr
July 23, 2008
Bankers carve out business in Saudi
...Riyadh or Jeddah is vital to developing Saudi business, the challenge comes in hiring local...wire compounds of socially conservative Saudi Arabia, a million cultural miles from...throughout 2007, according to Dubai-based business information provider Zawya. Saudi Arabia has accounted for more than half... By Simeon Kerr
July 14, 2009
Islamic insurers work to build Saudi business
Islamic scholars in Saudi Arabia have long looked askance at the...gambling - both forbidden to the pious. Saudi talk shows and websites abound with questions...the World Trade Organisation in 2006, Saudi Arabia has opened the industry to foreign... By Abeer Allam
July 13, 2009
Islamic insurers work to build Saudi business
Islamic scholars in Saudi Arabia have long looked askance at the...gambling – both forbidden to the pious. Saudi talk shows and websites abound with questions...the World Trade Organisation in 2006, Saudi Arabia has opened the industry to foreign... By Abeer Allam
November 24, 2009
Bankers push for action on Saudi groups
...their possible exposure to two prominent Saudi companies that have defaulted on billions...s minister of trade, investment and business, highlights increasing concerns among...Group had reached a settlement with Saudi banks, which led foreign bankers to...dispute was now “bringing the whole business sector and Saudi system of corporate governance into disrepute... By Andrew England in Abu Dhabi
November 25, 2009
Bankers push government for action on Saudi groups' debts
...their possible exposure to two prominent Saudi companies that have defaulted on billions...s minister of trade, investment and business, highlights increasing concerns among...Group had reached a settlement with Saudi banks, which led foreign bankers to...dispute was now "bringing the whole business sector and Saudi system of corporate governance into... By Andrew England in Abu Dhabi
February 6, 2010
Exhibit A boasts of 'highest ethical standards'
...ethical standards in the conduct of its business throughout the world. We have recently...secure deals in the Czech Republic, Saudi Arabia and Hungary.At times, the payments...said, was an unnamed public official in Saudi Arabia who was paid in connection to...was also a "trusted confidant" of the Saudi official. The benefits included travel... By Stephanie Kirchgaessner in Washington
February 5, 2010
Boasts of ‘highest ethical standards’ by BAE
...ethical standards in the conduct of its business throughout the world. We have recently...secure deals in the Czech Republic, Saudi Arabia and Hungary. At times, the payments...said, was an unnamed public official in Saudi Arabia who was paid in connection to the sale of...also a “trusted confidant” of the Saudi official. The benefits included... By Stephanie Kirchgaessner in Washington