The change in the legal status of NEOM will allow the company to create 16 economic sectors
The common digital currency is expected to reduce remittance costs between the two countries
The kingdom is offering investment opportunities in mining, industry, logistics and energy sectors
He was among scores of Saudi businessmen and political leaders rounded up in November 2017 as part of corruption ‘purge’
The kingdom’s industrial development programme covers the mining, industry, logistics and energy sectors
The number of expats working in the kingdom reduced from 10.18 million in Q1 to 9.5 million in Q3
The accused also allegedly stole from the company where the victim was serving as a guard
Severe weather conditions have been forecast across the kingdom
The partnership will aim to boost entrepreneurship in the kingdom
Saudi Arabia is the top crude oil supplier to South Korea, the world’s fifth-biggest importer
The latest update indicates that roughly 200,000 people have been arrested in the last three weeks
The American singer will perform at the King Abdullah Economic City, north of Jeddah
The company cited lower average selling prices and a decrease in the share of results of associates
Russia’s lead over Saudi in supplying China almost doubled to 295,000 bpd in 2018 from 150,000 bpd a year earlier
The programme will cover project in industry, mining, energy, logistics, military, chemicals and small businesses industries
Lebanon has one of the world’s highest levels of public debt as a proportion of national output
The Saudi oil giant could borrow as much as $50bn from international investors to fund the acquisition
Princes, top officials and businessmen were detained in a corruption crackdown in November 2017
One of BRF’s plants lost its certification to export to the kingdom
Rotana Farea, 23, and Tala Farea, 16 were found dead in October last year
Kingdom Holding holds a stake in Dubai-based car hailing app Careem
The kingdom plans to host auto races, magic shows and theatrical performances this year
Aramco already owns Motiva, the biggest U.S. oil refinery
The approved master plan will see 22 islands developed offering over 10,000 hotel rooms
The bank, which is in merger talks with Riyad Bank, made a net profit of SAR2.65bn in Q4
The kingdom’s finance ministry issued SAR5.37bn ($1.43bn) in domestic sukuk
Abdulhakim bin Mohammed bin Suleiman Al-Tamimi was appointed to the post in June 2017
The kingdom’s finance ministry says it remains committed to making payments on time
Arabian Centres Company has applied for an IPO with the Capital Market Authority
The shops were leased by Saudi nationals and illegally run by expatriates on a profit sharing basis, according to reports