Home next GCC next Saudi Arabia

Saudi Arabia

Saudi Arabia moving ahead with major development projects despite controversy

British billionaire Richard Branson earlier this month said he would suspend his directorship in two Saudi tourism projects

Saudi Arabia’s Red Sea tourism project to break ground in 2019

Saudi plans to develop resorts on 50 islands off the Red Sea coast

Saudi’s Q3 non-oil revenue up 48% – finance minister

The kingdom is working on a number of economic reforms to diversify its oil-reliant economy

GEMS education venture may invest $800m in Saudi Arabia

A network of schools to be created over next 10 years will accommodate up to 130,000 students and create jobs for 16,000 people

Saudi crown prince vows to bring Khashoggi killers to justice

Prince Mohammed said Saudi Arabia and Turkey would work together “to reach results” on a joint investigation

Saudi executes two nationals for luring man to his death

The two citizens were executed at the general prison in Madinah

Saudi Arabia won’t penalise banks that boycotted conference

The SAMA governor said that institutions that pulled out of the Saudi conference will still be able to apply for and obtain banking licenses

US revokes visas of Saudis linked to Khasoggi killing

Saudi Arabia has detained 18 people and dismissed five senior government officials as part of an investigation into Khashoggi’s death

Saudis offer Pakistan $6bn rescue package to ease economic crisis

The agreement came as Pakistani Prime Minister Imran Khan attended a Saudi investment conference in Riyadh

Saudi, Bahrain add Iran’s Revolutionary Guards to terrorism lists

Three members from the Quds Force, the branch of the Revolutionary Guards that operates abroad, have been included on the list

Saudi king, crown prince receive Khashoggi family members after killing

Riyadh has said the journalist was killed in its consulate during a “rogue operation”

Saudi opens recruitment, transport, real estate service sectors to foreign investors

FDI flows into the kingdom hit a 14-year low last year

Saudi’s PIF supports stocks to limit Khashoggi crash

Last week, PIF-backed funds bought around $1.33bn of stocks, a regional fund manager said

Saudi reassures on oil supply, says will meet demand

Saudi energy minister Khalid al-Falih said that the oil market was in a “good place”

SoftBank CEO Son won’t speak at Saudi conference

It was unclear whether Son would still attend the event which started on Tuesday

Turkey’s Erdogan says signs “savage” Khashoggi killing was planned

The Turkish president said Saudi journalist Jamal Khashoggi was killed in a “savage way”

Saudi signs deals worth $50bn at summit despite boycott

Western officials and business executives pulled out of the Future Investment Initiative following an outcry over the killing of journalist Jamal Khashoggi

US treasury secretary meets Saudi crown prince as Khashoggi fallout continues

Mnuchin has described the kingdom’s explanation of the killing as a “good first step but not enough”

Saudi’s investment summit begins despite pullout over Khashoggi killing

Hundreds of bankers and company executives are still expected to join officials in Riyadh

Saudi Ma’aden hires Korea’s Daelim to build SAR3.35bn ammonia plant

The works will take more than three years, the company said

Imran Khan leaves for Saudi conference saying Pakistan “desperate” for loans

Islamabad has already asked the IMF to open negotiations for the country’s second potential bailout in five years

Siemens CEO Kaeser says he will not attend Saudi investment conference

Several US and European companies have pulled out from the event following the killing of journalist Jamal Khashoggi

Three Saudi nationals executed in Qatif for brutally killing five Indians

The five Indians were “beaten, shackled and suffocated” to death and robbed of their belongings

Saudi unemployment steady in Q2, foreign labour force down 290,000

Foreign workers continue to leave the kingdom due to rising living costs and job restrictions

Foreigners sold net $1.1bn of Saudi stocks in week to Oct 18

The selloff came during a week when investors were rattled by the disappearance of journalist Jamal Khashoggi

Warnings of heavy rain, thunderstorms issued across Saudi

The Met department has warned people of reduced visibility

Saudi to launch new SAR2.5bn airport project in Jazan

The project will be implemented within three and a half years

Saudi foreign minister says Khashoggi killing ‘grave mistake’, details not yet known

Adel al-Jubeir said the killing was carried out by a “rogue operation”, and said Saudi officials do not yet know where the body is

US treasury secretary says premature to comment on sanctions against Saudi Arabia

Mnuchin said information so far on the investigation was “a good first step but not enough”

Wheat - BRICS

Saudi fund allocates $800m to sustainable rural development

The Agriculture Development Fund’s contribution will help support small farmers, breeders, fishers and livestock breeders