Home next GCC next Saudi Arabia

Saudi Arabia

Saudi rejects US Senate position on Khashoggi, Yemen

The US Senate’s position was based upon “unsubstantiated claims and allegations”, says kingdom

Saudi telecom operators agree annual royalty fees

The agreement will involve an annual royalty of 10 per cent of net revenue from telecommunications services starting from Jan 1, 2018

Pictures: Saudi, Abu Dhabi crown princes watch kingdom’s first Formula E race

The ABB FIA Formula E Championship race took place over three days in the ancient city of Ad Diriyah

Saudi pledges Tunisia financial aid of about $830m

Tunisia is struggling to cut its budget deficit and stabilise falling foreign currency reserves

Saudi says mega Red Sea project ‘on track’ to complete phase 1 in 2022

The project is expected to add over $5.86bn to the kingdom’s GDP when complete

Everything you need to know about the Saudi Formula E race this weekend

The electric racing series is coming to Riyadh for the first time this weekend, with what promises to be an exciting lineup of races and concerts

Saudi inspectors find over 150 violations ahead of VAT deadline

Businesses with annual revenue exceeding SAR375,000 must register for VAT by next week

Saudi Arabia seeks new political bloc in strategic Red Sea region

Representatives from Egypt, Djibouti, Somalia, Sudan, Yemen and Jordan gathered in Riyadh on Wednesday

Fitch says Khashoggi killing unlikely to affect Saudi rating

Yields on Saudi bonds have risen since early October

Saudi workplace harassment charter calls for no gender mixing, personal discussions

The 12-point charter considers harassment any action, deed, word or sign with sexual implications harassment

Trump says standing by Saudi crown prince despite pleas from Senate

Trump said he could abide by legislation ending US support for the Saudi-led war effort in Yemen

Saudi warns VAT deadline for businesses with SAR375,000+ in revenue fast approaching

The kingdom only applied the tax to firms with more than SAR1m in revenue during its first year

Pictures: Saudi crown prince launches King Salman Energy Park

The first phase is expected to cost SAR6bn

Saudi reviews fees on foreign workers after exodus

More than half a million expats left the kingdom’s workforce in the first half of 2018

Saudi foreign minister rules out extraditing suspects in Khashoggi case

Turkish officials have requested the extradition of people they say were involved in the killing

Saudi crown prince to inaugurate King Salman Energy Park

The zone will be developed and managed by oil giant Saudi Aramco

Saudi’s Saad Group and creditors select advisers in bid to resolve debt dispute

An auction of real estate assets owned by Saad’s owner, billionaire Maan al-Sanea, started on December 2

Saudi eyes road tolls from 2020

The kingdom is studying plans to charge motorists for using major highways

Saudi road deaths fall 33% in a year

The kingdom has among the highest ratios of traffic deaths per 100,000 people in the world

Saudi’s Shoura Council approves law granting the PIF greater independence

The PIF aims to become one of the world’s largest sovereign wealth funds

Man killed, officer injured in Jeddah firefight

The suspect is said to have used a “human shield” to try to escape authorities

Saudi, Algeria form coordination council as crown prince concludes visit

The visit was part of a tour of Arab countries by the Saudi royal

Saudi crown prince arrives in Algeria

The royal stopped over in Mauritania on his way to Algeria

Saudi Crown Prince to visit Algeria on Sunday

Their was speculation the royal could also visit Morocco

Saudi Crown Prince meets Russia’s Putin, discusses oil market rebalancing

Riyadh has suggested OPEC and its allies reduce output by 1 million barrels per day from January 2019

Saudi opens labour courts to protect workers, boost investment

The labour courts – to be fully digitalised – are located in seven cities across the kingdom

Saudi signs deal for Lockheed’s $15bn missile defence system

The deal covers the sale of 44 Terminal High Altitude Area Defense (THAAD) launchers, missiles and related equipment

Saudi oil minister says kingdom won’t cut oil production alone

OPEC and its allies meet in Vienna next week amid concerns over a slowing global economy and rising oil supplies from the US

Zain Saudi to sell tower infrastructure to IHS Holding for $647.7m

Zain will sell 8,100 towers and related passive infrastructure and lease them back for 15 years

Saudi Crown Prince leaves Tunisia to head to Argentina for G20 summit

Prince Mohammed hailed the relations between Saudi Arabia and Tunisia