Home next GCC next Saudi Arabia

Saudi Arabia

Saudi company SALIC buys Ukrainian farming company Mriya

The deal reportedly ran into hundreds of millions of dollars

Saudi targets $2bn with new Islamic bonds

It would be the kingdom’s second international sale of sukuk after a $9bn transaction last year

Low-cost airline Flynas plans to recruit Saudi women as co-pilots

Last month, it was reported that Saudi Arabia’s General Authority of Civil Aviation (GACA) had issued five licences to female pilots

Saudi fines vet $8,000 for using ‘human cosmetics’ on camels

Botox injections and other procedures are sometimes used to cheat in the kingdom’s camel beauty contests

Saudi expected to announce dollar sukuk sale soon

The new debt issue would be Saudi Arabia’s second international sukuk, following a $9bn debut deal last year

Saudi restrictions on retail, wholesale roles held by foreigners come into force

From Tuesday outlets selling select items must ensure 70 per cent of jobs are held by Saudis

Saudi arrests three people for posing as officials and ‘bribing’ journalists with perfumes

Those arrested include a Saudi national and two expatriates

Saudi princess says $900,000 of jewels stolen from Paris hotel

Armed thefts are not uncommon in the area

Saudi and US energy ministers meet in Washington

The ministers discussed the potential for US-Saudi civil nuclear cooperation

Saudi authorities arrest Egyptian who ate breakfast with female coworker

The hotel owner was also summoned “for failing to adhere to spatial controls for employing women”

Saudi businesses more optimistic about growth in 2018 – survey

EY said its survey showed a third of middle-market businesses were expecting to grow 10 per cent or more

Earthquake hits close to Saudi city of Dhahran Al Janub

Some residents of nearby cities felt tremors

Saudi introduces tough new punishments for traffic violations

The kingdom is aiming to reduce the number of deaths linked to traffic accidents

Two health scares at US airports linked to Makkah pilgrims – US officials

Health officials evaluated nearly 549 passengers at the New York airport

Saudi says American trainer killed, Saudi co-pilot injured in attack helicopter crash

The incident occurred at a military airfield outside Riyadh

Saudi will require 8,800 pilots by 2024 – official

Saudi Arabia’s aviation market is seeing strong growth

Saudi says 26, including two children, wounded by shrapnel in missile attack

At least 112 civilians in the kingdom have been killed in missile attacks from Yemen since 2015

Saudi likely to spend $1.1 trillion on infrastructure projects in the next 20 years

GCC governments need to “think logically” about how they balance the need to localise manufacturing, says report

Saudi royal denies reports that he ‘blamed’ the kingdom’s rulers for Yemen conflict

Prince Ahmed bin Abdulaziz Al Saud says ‘Saudi King is responsible for the state’

Saudi Shoura members discuss remittance tax despite government denial

The finance ministry denied it was planning to tax remittances on Monday

Saudi prepares to launch Haramain train operations by month-end

The high speed rail line will reduce journey times between Makkah and Jeddah to 21 minutes

Saudi intercepts two missiles fired from Yemen

Attacks on Jazan have been reported each night this week

MSCI to launch tradeable index with Saudi exchange in Q4

The moves come after MSCI classified Saudi Arabian equity market as an emerging market in June

Oil prices rise as Iran backs output cap; UAE expects positive impact

Saudi aims to keep crude oil in the $70 to $80 price band

OPEC and Saudi Arabia do not have an official price target and are unlikely to adopt one formally

Women launch civil case following Twitter comments insulting Emiratis

Saudi prosecution warns of 5-year prison sentence for posting satire

The kingdom’s strict cybercrime laws mean hefty fines and imprisonment for crimes including damaging public morals and breaching privacy

Saudi Aramco awards services contract for its Marjan offshore oilfield

Baker Hughes will provide drilling services, coiled tubing services and drilling fluids engineering services

Saudi passport office begins training first female recruits

The kingdom’s passport office announced openings for women on January 18

Several shops ‘shutting down’ in Saudi as nationalisation deadline looms

The first phase of the new Saudisation regulations will take effect on September 11

Saudi finance ministry denies plans to tax foreign remittances

A similar denial was issued in January 2017

Saudi forces intercept another missile from Yemen ‘targeting civilian areas’

This is the second missile attack targetting Jazan in the last two days