The festival will run for a month at Jeddah’s waterfront with pavilions from roughly 50 countries
From January 1, 2019 those with revenues of between SAR375,000 and SAR1m will also be subject to the tax
The man reportedly duped people by telling them that he would double their money using sorcery
The seven new measures cover integration in the fields of financial markets, tourism, aviation, entrepreneurship, customs and security
The kingdom already supplies 40 per cent of the crude oil consumed in South Africa
The kingdom has spent over $60m to rebuild al-Musawara and another $230m to compensate residents for hundreds of razed homes
Amiral is a petrochemical project that Aramco plans to develop with France’s Total
Saudi uses the death penalty for several offences including murder, drug-related crimes and terrorism
Saudi’s biggest lender is holding merger talks with smaller rival Riyad Bank
The bank attributed its increase in profit to a rise in net special commission income
The work on the first phase of NEOM Bay, an urban project, will be completed in 2020
The government will offer support for Saudi employees earning between SAR4,000 and SAR10,000 per month
The kingdom is also investing heavily in its renewable energy sector
During meetings lasting 80 minutes total, Pompeo said he had raised human rights issues and discussed Yemen
The UAE re-opened its embassy in Damascus last month
Drones need to be registered for commercial as well as personal usage
A merger between the banks would create a combined bank holding $183bn in assets
The US official is cutting short the rest of his Middle East trip to attend a family funeral
Last year SoftBank announced plans to create the world’s biggest solar power project in Saudi Arabia
The luxury hotel is located at the Business Gate community
The Saudi Arabian General Investment Authority also reported a 100 per cent increase in the number of investment expansion requests
The kingdom hopes to generate 40 GW from solar energy, and 20 GW from wind and other sources
Under the new rules, an employee who verbally attacks a manager – even by electronic means – will not receive end-of service benefits
Saudi Arabian Airlines will continue to operate the Paris-Riyadh route
All those involved in the “mass quarrel” have been arrested
Rahaf Mohammed al-Qunun grabbed international attention after she barricaded herself in a Bangkok airport hotel room last week
Last year, Saudi offered Pakistan a $6bn package that included help to finance crude imports
The swing to renewable energy will be faster than any one expects and what can be reasonably forecasted
The order book for the $7.5bn sale of longer-term debt sale peaked at $27.5bn
In 2017, Saudi had cut the duration of work visas issued to expats at private sector firms to one year