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Saudi’s Ma’aden starts output at alumina plant

  Reuters Saudi Arabian Mining Co (Ma’aden) said on Sunday that a subsidiary had started commercial production at a new bauxite mine and alumina refinery which could begin exporting some of its output in coming months. Production will reach maximum annual capacity of 1.8 million tonnes of alumina by early 2017, meeting Ma’aden’s domestic requirement of 1.4 million tonnes for ...

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Saudi suspends telecom shares on licensing move

  Reuters Saudi Arabia’s securities regulator has suspended trade in the shares of the kingdom’s listed telecommunications operators after the government decided to extend their licences, the Capital Market Authority (CMA) said. The CMA said it was acting after the government decided to extend the licence of Zain Saudi Arabia for 15 years, and also allow other telecommunications firms to ...

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Software star Google likely to flex hardware muscle

  San Francisco / AFP A high-profile Google event on Tuesday is widely expected to show a new emphasis on hardware, challenging rivals Apple and Amazon and launching a new strategy for the online giant. While the company has offered no official preview, it is expected to unveil a new line of Google-branded smartphones, a tablet and a home virtual ...

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