|
Saudi
Arabia to build world's largest gold factory
Wednesday January 05, 2011 01:17:31 PM,
IANS
|
|
Riyadh:
Saudi Arabia, one of the top global oil exporters, is planning to
build the world's largest gold factory by the end of 2011.
The 22,000-square metre factory, located in the kingdom's Red Sea
port city of Jeddah, will bring in between 500 to 800 jobs.
"The factory will become a reality by the end of this year," Essam
Al-Shrafi, chief executive officer of Taiba for Gold and Jewels
company, told the Arab News daily.
The company has 25 years' experience in gold sales, Xinhua
reported, adding that Saudi Arabia is one of the top holders of
gold reserves in the Middle East.
The World Gold Council, a non-profit body that tracks gold
holdings across the globe, recently said Saudi Arabia has doubled
its gold reserves to 323 tonnes.
|
|
Home |
Top of the Page |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 Top
Stories |
|
Digvijay Singh presents call records, demands apology
Congress
general secretary Digvijaya Singh Tuesday released records of his
Nov 26, 2008 phone
»
K.
Sudarshan, RSS Ideology and Scandalous Statements
Digvijay, Karkare did talk before Mumbai attack
No
talks between Digvijay Singh, Karkare, claims VHP leader
|
|
|
|
Picture of the Day |
|
 |
|
Prime Minister Dr. Manmohan Singh with
the Scientists at the inauguration of the 98th Indian Science
Congress, in Chennai on January 03, 2011.
Union Minister for Human Resource Development, Science &
Technology, Earth Sciences and Communications and Information
Technology Kapil Sibal and Deputy Chief Minister of Tamil Nadu Dr.
M.K. Stalin are also seen.
(Photo: B M Meena |
|
|
|
|
Most
Read |
|
 Rahmani
30 students shine at National Mathematics Olympiad
Rahmani 30, the Patna based NGO that coaches Muslim students for
IIT JEE, registered yet another success when four of its students
cleared the Indian National
» |
|
Governor of Pakistan's Punjab state killed in attack
The Pakistan
president's close aide and governor of the country's largest
province Punjab was killed Tuesday when a man opened fire at him
in Islamabad, a government official said.
Salman Taseer died of his injuries in hospital, his public
»
Salman
Taseer's Indian link
|
|
|
|
News Pick |
|
 Sena
ruled civic body passes bill to rename Aurangabad
Miffed over removal of
the statue of Shivaji Maharaj's tutor Dadoji Konddev from the
historic Lal Mahal in Pune, the Shiv Sena-BJP combine January
» |
|
Taj
Mahotsav to focus on Ghalib, Mir
The ten-day
heritage festival Taj Mahotsav, beginning Feb 18, will focus on
doyens of Urdu poetry Mirza Ghalib and Mir Taqi Mir, an official
here said. The festival, which began in 1993 as a tourism
promotion initiative
» |
|
Interlocutors have changed Kashmir discourse: Chidambaram
Home Minister P. Chidambaram Tuesday
said there has been a significant improvement in the law and order
situation in Jammu and Kashmir as the government-appointed
interlocutors
» |
|
BJP
major winner in Karnataka district polls
Karnataka's
ruling Bharatiya Janata Party (BJP) Tuesday emerged as a major
winner in polls to the local governing councils but it suffered
setbacks in the home turf of Chief Minister B.S. Yeddyurappa and
the powerful Reddy
» |
|
Converts to Islam double in Britain, says study
The number of
Britons choosing to become Muslims has nearly doubled in the past
decade, according to a study by an inter-faith think tank.
The study by think tank Faith Matters attempts to estimate how
many
» |
|
|
|
|
Comments
|
Quick links