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Saudi Arabia

Saudi sisters who died in the US ‘did not commit suicide’, says father

The bodies of the sisters were found washed up near a river in New York last October

Saudi economy grows 2.21% in 2018, modest growth seen in 2019

The kingdom recovered from a contraction in 2017, when the economy was hurt by weak oil prices and austerity measures

Saudi intercepts missile fired towards Abha

The kingdom has been targeted by hundreds of missile attacks since entering the Yemen civil war in 2015

Saudi-led coalition ready to use ‘calibrated force’ to push Yemen port deal – UAE

Coalition forces have so far held off from a full-blown assault due to humanitarian concerns

Saudi winds down 15-month anti-corruption campaign

The kingdom said had recovered more than $106bn through settlements with senior princes, ministers and top businessmen

At least 12 people killed due to floods in Saudi as severe weather continues

Officials said 271 people across the kingdom were rescued from flooding in the last three days

Vox opens first cinema in Jeddah

Saudi Arabia ended its decades-old ban on cinemas last year

Saudi Arabia suspends 126 local government employees on corruption charges

The move follows 2017’s corruption crackdown which rounded up dozens of princes and ex-ministers

Saudi’s NEOM set up as joint stock company owned by wealth fund

The change in the legal status of NEOM will allow the company to create 16 economic sectors

UAE, Saudi reveal details about common digital currency Aber

The common digital currency is expected to reduce remittance costs between the two countries

Saudi signs $54.4bn of deals, offers manufacturing incentives

The kingdom is offering investment opportunities in mining, industry, logistics and energy sectors

Saudi-Ethiopian billionaire Mohammed Al-Amoudi released from detention

He was among scores of Saudi businessmen and political leaders rounded up in November 2017 as part of corruption ‘purge’

Saudi government to spend $27bn on industry plan

The kingdom’s industrial development programme covers the mining, industry, logistics and energy sectors

Saudi expat workforce shrinks in Q3 as local unemployment rate drops

The number of expats working in the kingdom reduced from 10.18 million in Q1 to 9.5 million in Q3

Four Yemeni nationals executed in Saudi for killing Pakistani guard

The accused also allegedly stole from the company where the victim was serving as a guard

Several people rescued after being stranded by heavy rains in Saudi’s Tabuk

Severe weather conditions have been forecast across the kingdom

Saudi’s Misk Innovation launches accelerator programme with 500 Startups

The partnership will aim to boost entrepreneurship in the kingdom

Saudi Aramco to invest $1.6bn in South Korean refiner Hyundai Oilbank

Saudi Arabia is the top crude oil supplier to South Korea, the world’s fifth-biggest importer

Over 2.5 million illegal workers, residents arrested in Saudi crackdown

The latest update indicates that roughly 200,000 people have been arrested in the last three weeks

Mariah Carey to perform in Saudi this week

The American singer will perform at the King Abdullah Economic City, north of Jeddah

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Saudi’s SABIC posts 12.4% drop in Q4 net profit

The company cited lower average selling prices and a decrease in the share of results of associates

Russia holds off Saudi to remain top crude oil supplier to China in 2018

Russia’s lead over Saudi in supplying China almost doubled to 295,000 bpd in 2018 from 150,000 bpd a year earlier

Saudi seeks to attract SAR1.6 trillion with industrial development programme

The programme will cover project in industry, mining, energy, logistics, military, chemicals and small businesses industries

Saudi will support Lebanon “all the way” – finance minister

Lebanon has one of the world’s highest levels of public debt as a proportion of national output

Saudi Aramco seeks advisers for SABIC debt financing

The Saudi oil giant could borrow as much as $50bn from international investors to fund the acquisition

Saudi businessman Amr Dabbagh, two consultants released from detention

Princes, top officials and businessmen were detained in a corruption crackdown in November 2017

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Brazilian poultry firm BRF aims to restore Saudi exports in three months

One of BRF’s plants lost its certification to export to the kingdom

US officials say Saudi sisters found dead in New York river ‘committed suicide’

Rotana Farea, 23, and Tala Farea, 16 were found dead in October last year

Saudi billionaire Prince Alwaleed’s firm supports Uber-Careem merger

Kingdom Holding holds a stake in Dubai-based car hailing app Careem

Saudi aims to rank among world’s top 10 entertainment destinations

The kingdom plans to host auto races, magic shows and theatrical performances this year