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Saudi wealth fund commits $3bn to build mega mountain resort project, Soudah

Soudah Development will build 2,700 hotel rooms and 1,300 homes in an area that includes Al-Soudah, the tallest peak in Saudi Arabia

Saudi Crown Prince undergoes surgery, discharged

The procedure to treat appendicitis was undertaken at King Faisal Specialist Hospital in Riyadh

Saudi Arabia turns to Euro-bond amid near record-low yields

The kingdom is planning a two-part, benchmark-sized deal with a three-year and nine-year offering

Sheikh Ahmed Zaki Yamani

Ahmed Zaki Yamani, Saudi’s long-serving oil minister, dies at 90

Yamani represented four Saudi kings at the Organization of Petroleum Exporting Countries

Abu Dhabi removes Saudi Arabia from ‘green list’, destinations cut to 10

Passengers arriving from the green list are exempt from mandatory quarantine measures

Saudi issues weather warnings, with possibility of snow, heavy rains in certain parts

Saudi Arabia has been seeing many incidents of snowfall this year

Different Arab money

Revealed: Impact of Covid-19 on GCC retail banks revenues

BCG says earnings could shrink by -2.1% annually between 2019 and 2024

Saudi Arabia opens military recruitment to women

Saudi female applicants must be between 21 and 40 years old, have a height of 155 cm or taller, and must not be a government employee

Saudi-backed UK health app Babylon ends deal with Tencent

A $550m cash infusion led by Saudi Arabia’s Public Investment Fund in 2019 valued the company at about $2bn

Saudi Arabia Oxford-AstraZeneca

Saudi Arabia approves use of Oxford-AstraZeneca Covid-19 vaccine

Other GCC countries including the UAE, Kuwait and Bahrain have already approved the use of the Oxford-AstraZeneca vaccine 

Saudi opens new Arar airport with the capacity to serve one million passengers annually

The project, built at a cost of SAR382m, has the capacity to handle more than 10,000 flights per year

Saudi forces intercept another drone attack targeting Abha airport

This is the third armed drone attack targeting Abha airport in recent days

Gulf fund raises $75m for Mideast, North African startups

The appetite for tech firms has been increasing among Gulf investors as governments in the region step up efforts to steer their economies away from oil

Saudi to only award government contracts to firms that have an HQ in the kingdom

The new decision, which does not apply to private sector firms, will take effect from January 1, 2024

Saudi drone attack Abha

Saudi forces intercept three drone attacks targeting civilians

Two drones were launched towards Khamis Mushait on Sunday, and a third was destroyed on Monday morning

Saudi STC Pay introduces contactless cards

Visa card for use at point of sale, e-commerce and ATM withdrawals

FlexxPay raises $3m in pre-series A round to enhance technology platform

FlexxPay is currently available in the UAE and Saudi Arabia, and will be launched in Bahrain next month

SAUDI-HEALTH-VIRUS

Saudi extends Covid-19 restrictions; gyms, cinemas to remain closed for another 20 days

The restrictions were initially put in place on February 4 for a period of 10 days

Saudi forces destroy another armed drone launched towards Abha airport

An attack at Abha International Airport on Wednesday, February 10, resulted in a civilian plane catching fire

AlUla agreement: What does resetting ties with Qatar mean for the GCC region?

The resumption of ties with Qatar by Saudi Arabia, the UAE, Bahrain and Egypt will boost the regional economy with certain sectors set to witness a significant impact

Aerial View of Coral Bloom Concept

In pics: Saudi’s Red Sea project unveils ‘Coral Bloom’ design for gateway island

Upon completion in 2030, the Red Sea project will comprise 50 resorts, offering up to 8,000 hotel rooms

Abha International Airport Saudi Arabia

Saudi Arabia’s Abha airport attacked; civilian plane catches fire

The Saudi-led coalition blamed the Houthis for the attack

Saudi economy grew 2.8% in fourth quarter as Covid impact eased

Saudi Arabia was hit hard last year as a drop in crude prices decimated government revenue while measures to stop the spread of the coronavirus limited economic activity

Saudi Arabia seeks to end arbitrary justice to win investors

Some of the changes will aid women in particular

SEHA Abu Dhabi

Abu Dhabi’s SEHA partners with King Fahad Specialist Hospital in Saudi Arabia

The two entities will cooperate on several areas including stem cell transplantation

NEOM Saudi Arabia

How Saudi Arabia’s NEOM is using sports to define its future

Last year, NEOM signed a long-term sponsorship agreement to become the principal partner of the Mercedes-Benz EQ Formula E team

Saudi Arabia, Philips partner to advance AI in healthcare

SDAIA and Philips to set up AI Knowledge Hub to boost AI talent

Saudi forces destroy four armed drones launched from Yemen targeting ‘civilians’

The four ‘bomb laden’ UAVs were launched towards the southern region of the kingdom on Sunday

Saudi police nab man who stole SAR25,5000 from a bank using ‘fake’ gun

The perpetrator allegedly stole the amount after threatening a bank employee that he would harm a customer with a gun

In pictures: Landmarks across UAE, region turn red for Hope Probe’s imminent arrival to Mars

The UAE is poised to become only the 5th country ever to enter Mars’ orbit