News-Saudi Arabia-2013-04-04

Published: April 4, 2013

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ARABIALINK Daily News – Excerpts from International Media Reports
/Provided as a service from the Saudi-US Trade Group, Washington, DC


Saudis bet on crude demand rising in Asia

Reuters | Clyde Russell | 4.4.13

Saudis bet on crude demand rising in AsiaSaudi Aramco, the world’s biggest oil exporter, is betting on Al-Naimi’s assessment of April 1 that demand in Asia, which takes about two-thirds of Saudi volumes, is poised to rise in the next few months. There are several reasons to share … Continue Reading

Saudi Business Optimism Index 2013Q1

SUSRIS | Pat Ryan | 3.31.2013

Commenting on the findings of the survey, Dr. Said Al-Shaikh, Senior Vice President and Group Chief Economist of the National Commercial Bank, said, “The BOI of 1Q 2013 is indicating that more Saudi companies expect business conditions to … Continue Reading

New CENTCOM Chief on Riyadh Visit

SUSRIS | Pat Ryan | 4.03.2013

General Lloyd Austin, the newly installed Commander of U.S. Central Command, the military joint staff that oversees US armed forces operations in the Arabian Peninsula, northeastern Africa and southwest Asia, was in Riyadh yesterday for meetings … Continue Reading

For Egypt’s rich, a touch of irrational exuberance

Christian Science Monitor | Dan Murphy | 4.4.13

While the overall economic picture for Egypt is a gloomy one, a tiny, fabulously wealthy class remains that continues to prosper despite the grimmest economic conditions in decades.

Philby’s advice helped Saudi king

Tennessean | Frank Daniels III | 4.4.13

Philby’s advice helped Saudi kingPhilby was recruited to Baghdad in 1915 to serve as finance officer of the Mesopotamian Expeditionary Force, which was responsible for organizing the Arab revolt against the Ottoman Empire and for protecting the oil fields near Basra — the only … Continue Reading

GD Gets $40M Order for Saudi Tanks

Zacks | 4.03.2013

General Dynamics Corporation’s ( GD – Analyst Report ) subsidiary General Dynamics Land Systems has entered into a $40 million agreement with the U.S. Army TACOM Life Cycle Management Command. The deal comes under the U.S. Foreign Military Sales … Continue Reading



Provided as a service from the Saudi-US Trade Group, Washington, DC