King Fahd


King Fahd News

  • Aramco Planner Al-Saadan to Head New Finance and Strategy Unit

    Saudi Arabian Oil Co., the world’s largest crude exporter, appointed Abdallah Al-Saadan as its new senior vice president for finance and said it is expanding the role to include corporate strategy.

  • Saudi King Fahd Causeway Signs $4.1 Million Contract, SPA Says

    Saudi Arabia’s King Fahd Causeway Authority signed a contract valued at 15.2 million riyals ($4.1 million) with a local company to provide advertising services for the bridge linking the kingdom with Bahrain, the Saudi Press Agency reported today.

  • Bahrain-Saudi Link in $15.5bln GCC Railway May See Further Delay

    Bahrain’s delayed causeway link with Saudi Arabia, part of the $15.5 billion Gulf Cooperation Council Railway project, may not be completed on time and a joint study by the two countries will determine the deadline and funding by September.

  • Saudi Crown Prince Sultan Has Died

    Saudi Arabia’s Crown Prince Sultan bin Abdulaziz Al Saud has died, setting in motion succession plans for the world’s largest oil exporter.

  • Crown Prince Sultan al Saud Death Starts Plans for Saudi Arabia Succession

    Saudi Arabia, the world’s largest oil exporter, is waiting for a successor to the crown prince as the ruling family gathers tomorrow for prayers after the death of Sultan bin Abdulaziz Al Saud.

  • Geneva Mansions Sell at Discount as Tax Scares Expats

    Real estate broker Alexander Koch de Gooreynd relayed a difficult message to a client last June: the 39.5 million Swiss-franc ($43 million) asking price for his eight-bedroom lakefront villa in Geneva was too high.

  • Buffett and the Prince

    After losing billions on U.S. stocks beginning in 2000, Alwaleed Bin Talal says he may become richer than the Oracle of Omaha. His strategy: holding an IPO for his luxury hotels and building the world’s tallest tower in his homeland.

  • `Buffett of Arabia' Alwaleed Sees Wealth Wane

    Prince Alwaleed Bin Talal sits under an almost full moon near a campfire at his rustic retreat in Riyadh, Saudi Arabia. He’s surrounded by a zoo with zebras and giraffes, an artificial lake and a lodge that has an indoor pool, saunas and steam rooms. Three hooded falcons are perched on stands in front of him.

  • Bahrain Backs Plan to Expand Linking Causeway With Saudi Arabia

    Bahrain backs plans to expand the capacity of the King Fahd Causeway that links it with neighboring Saudi Arabia, Bahrain News Agency said today, citing Premier’s Court Chief Sheikh Husam bin Isa Al Khalifa.

  • Oil Options Lure Banks on Calmest WTI Since 1996

    The lowest oil volatility in 17 years is pushing down options costs, setting up trades that BNP Paribas SA and Commerzbank AG say will profit when Mideast supply disruptions send prices swinging again.

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