http://www.zawya.com/middle-east/countries/saudi-arabiaen-usCopyright 2013 Zawya Ltd. All rights reserved.Wed, 19 Jun 2013 10:52:21 GMT5014476http://www.zawya.com/middle-east/countries/saudi-arabiahttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story/Saudi_crude_output_exports_rise_in_April_vs_March-ZW20130619000073/Oil production in Saudi Arabia rose to 9.310 million barrels a day in April, compared with 9.136 million barrels a day a month earlier, while exports edged 0.3% higher during the same period.Wed, 19 Jun 2013 11:25:57 GMTZawya Dow Jones News ZW20130619000073Openhttp://www.zawya.com/story/NCB_Capital_KSA_Food_Sector_Jun13-pdf_190613100312/We remain Overweight on Savola with a PT of SR57.5 and remain Neutral on Almarai with a PT of SR68.6. The long-term outlook of the Saudi Food and Agriculture sector remains strong. Growth in demand will be supported by a young and growing population, expansions into new segments and high market share for Almarai and Savola. However, volatility in global food prices, reliance on imports and a lack of pricing power are key concerns.Wed, 19 Jun 2013 09:57:00 GMTNCB Capital pdf_190613100312Subscriptionhttp://www.zawya.com/story/Banque_Audi_MENA_Weekly_Monitor_14Jun13-pdf_190613081635/This is a PDF report. Wed, 19 Jun 2013 08:05:00 GMTBanque Audi pdf_190613081635Subscriptionhttp://www.zawya.com/story/3000_jobs_for_Egyptians_via_recruitment_forum_in_Saudi_Arabia-ZAWYA20130619034038/About 3,000 Egyptians will be able to get jobs offered by several companies at the first recruitment forum organized by the Egyptian consulate.Wed, 19 Jun 2013 06:42:22 GMTThe Saudi Gazette ZAWYA20130619034038Openhttp://www.zawya.com/story/Basic_Systems_opens_LGs_1st_digital_signage_showroom_in_Riyadh-ZAWYA20130619033545/BASIC Systems, a Saudi company specialized in the field of digital signage networks, and technical solutions and systems development, inaugurated LG's Digital Signage & Security Products showroom in Riyadh. Wed, 19 Jun 2013 06:36:08 GMTThe Saudi Gazette ZAWYA20130619033545Openhttp://www.zawya.com/story/Alkhabeer_Capital_names_comm_head-ZAWYA20130619033441/ALKHABEER Capital, a leading asset management and investment banking firm headquartered in Jeddah, announced the appointment of Tariq Hayat as Chief Corporate Communication Officer.Wed, 19 Jun 2013 06:32:53 GMTThe Saudi Gazette ZAWYA20130619033441Openhttp://www.zawya.com/story/Task_force_team_eyes_Saudi_industrial_projects-ZAWYA20130619031450/The Japan-Saudi Arabia Industrial Cooperation Joint Task Force is now engaged in a series of interviews with Saudi major companies.Wed, 19 Jun 2013 05:31:20 GMTArab News ZAWYA20130619031450Openhttp://www.zawya.com/story/Saudi_Arabia_spends_56_of_GDP_on_education-ZAWYA20130619031029/Saudi Arabia in particular spending 5.6% of GDP on education -- is leading the way by giving a plenty of emphasis to improvements in the education sector.Wed, 19 Jun 2013 05:29:23 GMTArab News ZAWYA20130619031029Openhttp://www.zawya.com/story/Urgent_plan_in_KSA_to_control_sewage_overflows_urged-ZAWYA20130619031641/Makkah Gov. Prince Khaled Al-Faisal yesterday urged officials to implement an urgent plan to resolve the problem of sewage and groundwater overflows in various Jeddah districts.Wed, 19 Jun 2013 05:26:49 GMTArab News ZAWYA20130619031641Openhttp://www.zawya.com/story/One_million_extra_plane_seats_needed_for_summer-ZAWYA20130619031725/One million extra seats are needed on domestic flights to meet demand in summer, according to travel and tourism experts.Wed, 19 Jun 2013 05:26:08 GMTArab News ZAWYA20130619031725Openhttp://www.zawya.com/story/Sayidatys_sparkling_new_makeover-ZAWYA20130619031951/Sayidaty women's magazine, a sister publication of Arab News, has been re-launched, with fresh and impressive changes to its appearance and content.Wed, 19 Jun 2013 05:25:32 GMTArab News ZAWYA20130619031951Openhttp://www.zawya.com/story/5000_Nitaqathit_Indians_find_jobs-ZAWYA20130619031637/As many as 5,000 Indian expats have been employed in various fields and by different companies following proactive measures taken by the Indian Consulate to help Indians affected by the new labor laws.Wed, 19 Jun 2013 05:25:01 GMTArab News ZAWYA20130619031637Openhttp://www.zawya.com/story/Contractors_delay_400_projects_in_Makkah-ZAWYA20130619032035/Around 400 infrastructure and service projects in Makkah are delayed, said an official at the Makkah Mayoralty. Several road construction projects, flood projects, works in public parks and gardens and the municipality's utilities are running behind schedule.Wed, 19 Jun 2013 05:23:26 GMTArab News ZAWYA20130619032035Openhttp://www.zawya.com/story/Relaxed_working_hours_for_Ramadan_in_KSA-ZAWYA20130619032213/Ramadan working hours will be six for the private sector and five for the public sector.Wed, 19 Jun 2013 05:20:59 GMTArab News ZAWYA20130619032213Openhttp://www.zawya.com/story/Saudi_Arabia_Vehicle_insurance_charges_increase_almost_95-ZAWYA20130619034451/Insurance companies have increased their charges by about 95%. The increase is effective since early April.Wed, 19 Jun 2013 05:18:02 GMTThe Saudi Gazette ZAWYA20130619034451Openhttp://www.zawya.com/story/ESB_abuse_is_extortion-ZAWYA20130619032435/With the July 3 amnesty deadline approaching, many sponsors are forcing workers to give up their end-of-service benefits in exchange for release letters.Wed, 19 Jun 2013 05:16:39 GMTArab News ZAWYA20130619032435Openhttp://www.zawya.com/story/Saudi_investors_threaten_to_withdraw_Egypt_investments-ZAWYA20130619034333/A number of Saudi investors may be obliged to withdraw their investments from Egypt by the year-end if solutions are not found for their delayed projects, business daily Al-Eqtisadiah reported.Wed, 19 Jun 2013 05:16:11 GMTThe Saudi Gazette ZAWYA20130619034333Openhttp://www.zawya.com/story/No_MERS_case_in_Jeddah-ZAWYA20130619032932/A Jeddah health official rejected a report that a two-year-old boy in the city has fallen prey to the deadly Middle East Respiratory Syndrome Coronavirus (MERS).Wed, 19 Jun 2013 05:15:38 GMTArab News ZAWYA20130619032932Openhttp://www.zawya.com/story/Boost_for_Jeddah_saleswomen_with_new_working_hours-GN_18062013_190612/Shopping centres in the Saudi city of Jeddah have opted to open lingerie shops only in the afternoon and evening to accommodate the saleswomen upset over split hours.Wed, 19 Jun 2013 04:51:49 GMTGulf News GN_18062013_190612Openhttp://www.zawya.com/story/KSAs_IPO_subscriptions_decline_53_in_6_months-ZAWYA20130619031321/The subscriptions to IPOs (initial public offerings) in the Saudi stock market dropped drastically during the year, according to a recent economic study.Wed, 19 Jun 2013 04:37:44 GMTArab News ZAWYA20130619031321Openhttp://www.zawya.com/story/Riyadh_deportation_center_issuing_2500_exit_visas_daily-ZAWYA20130619031954/With just 16 days remaining for the amnesty period to end, processing of papers has gained momentum with the deportation authorities in Riyadh issuing 2,500 final exit visas every day to illegal expatriates, who had opted to leave the Kingdom for good.Wed, 19 Jun 2013 04:36:46 GMTArab News ZAWYA20130619031954Openhttp://www.zawya.com/story/Babyshop_opens_2_new_stores_in_Jeddah-ZAWYA20130618032634/BABYSHOP, the region's premier fashion destination for children sets yet another milestone with the opening of its 30th and 31st stores in the Western Region.Tue, 18 Jun 2013 06:38:25 GMTThe Saudi Gazette ZAWYA20130618032634Openhttp://www.zawya.com/story/QFCA_The_Global_Financial_Centres_Index_13_Mar2013-pdf_180613064350/TheGFCIprovidespro?les,ratings andrankings for79?nancial centres,drawingontwo separate sourcesofdata – instrumentalfactors(external indices) andresponsestoanonline survey. TheGFCIwas?rstpublishedby Z/Yen GroupinMarch2007andhassubsequentlybeenupdatedevery sixmonths. Successive growthinthenumberofrespondents anddata has enabledustohighlightthe changingpriorities andconcernsof?nancialprofessionals overthistime,particularly since?nancial crises begantounfoldin2007and2008. ThisisthethirteentheditionofGFCI(GFCI13).Tue, 18 Jun 2013 06:38:00 GMTQatar Financial Center Authority pdf_180613064350Subscriptionhttp://www.zawya.com/story/Zamil_Industrial_unveils_cloud_computing_initiatives-ZAWYA20130618032539/Zamil Industrial Investment Co. launched recently its full Office 365 Enterprise project and other cloud computing initiatives.Tue, 18 Jun 2013 06:37:34 GMTThe Saudi Gazette ZAWYA20130618032539Openhttp://www.zawya.com/story/Arab_exports_to_Brazil_exceed_USD276bn_in_JanApril_2013-ZAWYA20130618032132/The Arab region has been a very important partner of Brazil in oil trade as Arab countries collectively account for up to 20% of Brazilian oil imports.Tue, 18 Jun 2013 06:26:05 GMTEmirates 24|7 ZAWYA20130618032132Openhttp://www.zawya.com/story/KSA_produces_67_of_GCCs_petrochem_output-ZAWYA20130618031841/Petrochemicals production in Saudi Arabia hit 86.4 million tons in 2012, up from 80.5 million tons of capacity in the previous year, the Gulf Petrochemicals & Chemicals Association (GPCA) Annual Report 2012 said.Tue, 18 Jun 2013 06:22:13 GMTThe Saudi Gazette ZAWYA20130618031841Openhttp://www.zawya.com/story/Saudi_banks_to_gain_from_sukuk_growth-ZAWYA20130618031845/The Saudi sukuk market will continue to grow over the next 12-18 months, a credit positive for Saudi banks, following a new record SAR 25.2 billion (USD 6.7 billion) issuance of riyal-denominated sukuk in 2012, said Moody's Investors Service.Tue, 18 Jun 2013 06:21:44 GMTThe Saudi Gazette ZAWYA20130618031845Openhttp://www.zawya.com/story/efraud_in_Kingdom_among_lowest_in_the_world_BMAC-ZAWYA20130618031617/Saudi Arabia is one of the countries in the world with the lowest rate in financial fraud committed by electronic information and communication devices, the Banking Media Awareness Committee (BMAC) disclosed.Tue, 18 Jun 2013 06:14:34 GMTThe Saudi Gazette ZAWYA20130618031617Openhttp://www.zawya.com/story/Saudi_food__agri_sector_outlook_remains_positive-ZAWYA20130618031709/The Saudi food and agriculture sector retains its positive outlook due to growth in demand supported by a young and growing population, and expansions into new segments, NCB Capital said.Tue, 18 Jun 2013 05:47:17 GMTThe Saudi Gazette ZAWYA20130618031709Openhttp://www.zawya.com/story/SABICs_UK_plant_makes_dramatic_turnaround-ZAWYA20130618030206/After nearly 20 years of under-investment, SABIC UK Petrochemical's ethylene liquefaction plant on Teesside has witnessed a dramatic turnaround and is on track to make productivity gains of more than £ 10 million a year, following an intensive reliability program with change management specialists, Reliable Manufacturing.Tue, 18 Jun 2013 05:39:53 GMTArab News ZAWYA20130618030206Openhttp://www.zawya.com/story/Sadara_signs_SAR3937bn_funding_agreements-ZAWYA20130618030250/Sadara Chemical Company (Sadara) yesterday announced the signing of a number of definitive financing agreements for an additional funding of approximately SAR 39.37 billion (USD 10.5 billion).Tue, 18 Jun 2013 05:38:27 GMTArab News ZAWYA20130618030250Openhttp://www.zawya.com/story/Saudi_govt_to_Saudia_Shape_up-ZAWYA20130618030659/The Council of Ministers yesterday urged Saudi Arabian Airlines to increase the number of its domestic flights, raise the number of seats to all destinations to meet passenger demand and improve the quality of its services.Tue, 18 Jun 2013 05:36:05 GMTArab News ZAWYA20130618030659Openhttp://www.zawya.com/story/Four_million_perform_hasslefree_Umrah-ZAWYA20130618030648/The Haj Ministry has issued 4,727,960 Umrah visas, of which 4,068,387 foreign pilgrims have already arrived in the Kingdom.Tue, 18 Jun 2013 05:34:49 GMTArab News ZAWYA20130618030648Openhttp://www.zawya.com/story/Abdullah_warns_against_adventures_by_some_states-ZAWYA20130618033022/Custodian of the Two Holy Mosques King Abdullah has warned that adventures committed by some states and (their) meddling in the internal affairs of others would lead to more tension and instability (in the region). Tue, 18 Jun 2013 05:17:03 GMTThe Saudi Gazette ZAWYA20130618033022Openhttp://www.zawya.com/story/New_regulations_add_to_financial_woes_of_international_schools_in_KSA-ZAWYA20130618030809/The new guidelines stipulated by the Ministry of Education have created additional financial woes for international schools, making it difficult for them to break even and stay financially afloat, according to local school owners.Tue, 18 Jun 2013 05:15:38 GMTArab News ZAWYA20130618030809Openhttp://www.zawya.com/story/King_Interference_by_some_countries_destabilizes_region-ZAWYA20130618030909/Custodian of the Two Holy Mosques King Abdullah yesterday warned against the consequences of adventurism by some countries and their interference in others' internal affairs, saying it would increase tension and destabilize the region.Tue, 18 Jun 2013 05:15:02 GMTArab News ZAWYA20130618030909Openhttp://www.zawya.com/story/Shoura_OKs_uniform_rules_to_obtain_real_estate_loans-ZAWYA20130618032807/The Shoura Council approved uniform rules to obtain loans from the Real Estate Development Fund on the basis of social, cultural and economic situations of the individuals. Tue, 18 Jun 2013 05:14:29 GMTThe Saudi Gazette ZAWYA20130618032807Openhttp://www.zawya.com/story/Govt_departments_want_partial_extension_of_amnesty_period_in_KSA-ZAWYA20130618031209/Some government departments are making efforts to get partial extension of the three-month grace period for violators of iqama (residency permit) and employment regulations, a local newspaper has reported.Tue, 18 Jun 2013 05:13:40 GMTArab News ZAWYA20130618031209Openhttp://www.zawya.com/story/Cameras_to_monitor_Makkah_roads_during_Ramadan-ZAWYA20130618031211/The Makkah Traffic Department will install 40 Saher cameras to monitor traffic during Ramadan, said Sultan Al-Jumaie, director of traffic in Makkah.Tue, 18 Jun 2013 05:13:08 GMTArab News ZAWYA20130618031211Openhttp://www.zawya.com/story/80_of_building_projects_to_be_hit_by_labor_cleanup_in_Saudi_Arabia-ZAWYA20130618031003/Many ongoing construction projects in the Kingdom are expected to be delayed due a rising labor shortage caused by the exit of tens of thousands of illegal workers taking advantage of the Kingdom's amnesty offer, according to some experts in the realty sector.Tue, 18 Jun 2013 04:50:39 GMTArab News ZAWYA20130618031003Openhttp://www.zawya.com/story/Saudi_announces_four_new_deaths_from_MERS_virus-ZW20130617000031/Four people have died from the MERS virus in Saudi Arabia, brining the death toll from the SARS-like virus in the kingdom to 32, the health ministry said on its website Monday. Mon, 17 Jun 2013 09:34:34 GMTZawya Dow Jones News ZW20130617000031Openhttp://www.zawya.com/story/Barclays_Wealth_Insights__Origin_and_Legacy_The_Changing_World_of_Wealth_Jun13-pdf_170613084820/There are significant shifts taking place across the world in terms of how wealth is created, the pace at which it isaccumulated and the subsequent impact these dynamics have on when, and even whether, it is shared with futuregenerations and charitable causes.Globally there exists a cycle of wealth creation, inheritance and legacy. Each stage of the wealth cycle brings its own set of challenges and opportunities for the individuals and their families. While emerging markets are accruing wealth at a faster pace than more developed territories, many emerging-marketentrepreneurs are now planning, often for the first time, how to deal with succession and inheritance, to protect thatwealth and ensure children are educated to prosper with it.Mon, 17 Jun 2013 08:41:00 GMTSpecial Contributions pdf_170613084820Openhttp://www.zawya.com/story/Deloitte_The_global_Takaful_Insurance_Market__Charting_The_Road_to_Mass_Markets_2013-pdf_170613080231/This report looks at the emerging regulatory and practice challenges that will impact the Takaful industry. It seeks to assess the business structures and strategies, market development and growth trends globally. Throughout the report, we explore key emerging practical and strategy issues pertinent to the industry and suggest the ways in which Takaful operators can adapt and respond to these challenges for the coming new phase of growth.Mon, 17 Jun 2013 07:50:00 GMTDeloitte & Touche (M.E.) pdf_170613080231Subscriptionhttp://www.zawya.com/story/World_Bank_Global_Economic_Prospect__Less_Volatile_But_Slower_Growth_Jun13-pdf_170613074940/The global economy appears to be transitioning toward a period of more stable, but slower growth. Global gross domestic product (GDP), which slowed in mid-2012 is recovering, and a modest acceleration in quarterly GDP is expected during the course of 2013. Financial market risk indicators, such as credit default swap rates, sovereign debt spreads, and stock market volatility indicators have all improved significantly since June 2012.Mon, 17 Jun 2013 07:35:00 GMTWorld Bank pdf_170613074940Subscriptionhttp://www.zawya.com/story/Saudi_firm_wins_USD98m_Musandam_power_transmission_project-ZAWYA20130617044111/Saudi Arabian power contractor Saudi National Contracting Co (NCC) has been awarded a contract worth OMR 37.7 million to build the first major power transmission line in Musandam Governorate.Mon, 17 Jun 2013 07:10:59 GMTOman Daily Observer ZAWYA20130617044111Openhttp://www.zawya.com/story/Saudi_Arabia_Expats_plead_for_extension_of_amnesty-ZAWYA20130617034859/Expatriates who came to the Indian and Pakistani missions to rectify their status or return home said they were anxious as only 17 days are left before the amnesty deadline expires and that an extension to the July 3 deadline is needed.Mon, 17 Jun 2013 06:07:14 GMTArab News ZAWYA20130617034859Openhttp://www.zawya.com/story/Restoring_Gulf_ecology_cost_Saudi_Arabia_USD11bn-ZAWYA20130617034855/The Kingdom has spent USD 1.1 billion on environmental projects to repair the damages caused by the 1991 Gulf War. Mon, 17 Jun 2013 06:06:18 GMTArab News ZAWYA20130617034855Openhttp://www.zawya.com/story/Zain_KSA_Ericsson_sign_field_operations_agreement-ZAWYA20130617042208/ZAIN Saudi Arabia announced Sunday that it has signed a 3-year managed field-services agreement with Ericsson, who will be responsible for the field operations and maintenance of all Zain's 2, 3 and 4G radio network sites across Saudi Arabia. Mon, 17 Jun 2013 05:59:55 GMTThe Saudi Gazette ZAWYA20130617042208Open