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Musk says Saudi sovereign fund backs Tesla buyout

The billionaire said he had met the PIF as recently as July 31 when the sovereign fund’s managing director expressed support for a deal

Saudi brings forward Eid Al Adha holiday

Some workers will receive an extra long Eid break this year

Aramco, ACWA and US-based Air Products to form $8bn JV in Saudi

The JV will purchase the gasification assets, power block and the associated utilities from Saudi Aramco

Saudi denies social media ‘rumours’ about expat fees

Expat fees introduced this year will continue to increase until 2020, clarifies ministry

Tesla shares give up gains on renewed prospect of Musk buying Twitter

Saudi wealth fund PIF has shown no interest in bankrolling Tesla buyout

The sovereign wealth fund acquired a stake of just below 5 per cent in Tesla

The tweet that triggered the Saudi-Canada row

Hours after the Arabic tweet, Saudi recalled its ambassador, barred Canada’s envoy from returning and placed a ban on new trade

Saudi-based ITFC, US’ Federated Investors to launch $300m trade finance fund

The sharia-compliant fund is expected to launch later this year

Saudi calls on Muslims to sight the Eid moon on Saturday

The first day of Eid Al Adha falls on the 10th day of the Dhu al-Hijjah month

More than 188,000 ‘illegal’ pilgrims barred from entering Makkah

Makkah enforces strict entry rules to prevent overcrowding during the Hajj season

One killed, 11 injured in Jazan after Saudi intercepts missile fired from Yemen

The missile, fired by the Houthis, was detected by Saudi forces on Wednesday night

Saudi Arabia sells off Canadian assets as dispute escalates

The Saudi central bank and state pension funds have reportedly instructed their overseas asset managers to dispose Canadian assets

Saudi mulls more measures against Canada, says oil supplies will not be affected

Saudi oil minister says Aramco’s relations with its customers in Canada will not face an impact from the spat

Saudi executes and ‘crucifies’ Myanmar national for murder and theft

The man was charged with breaking into the home of a woman, shooting and stabbing her to death after robbing her

Saudi Aramco buys remaining 50% stake in rubber maker Arlanxeo for $1.6bn

Aramco plans to boost investments in refining and petrochemicals

Saudi declares Eid Al Adha holiday for certain sectors

Banks, finance and insurance companies will be off for nine days

Tesla shares give up gains on renewed prospect of Musk buying Twitter

Saudi sovereign fund PIF buys stake in Tesla

The fund has bought a minority stake in Tesla at just below 5 per cent

Canada to ask UAE, UK to help cool Saudi dispute

Saudi recalled its ambassador to Ottawa, barred Canada’s envoy from returning and placed a ban on new trade

Saudi stops all medical treatment programmes in Canada

The kingdom is coordinating for the transfer of all Saudi patients from Canadian hospitals to other hospitals

Saudi suspends Twitter account for sharing image offensive to Canada

The move comes even as Saudi Arabia remains embroiled in a diplomatic row with Canada

Saudi forces intercept missile targeting Najran

The missile, fired by the Houthis on Monday, was detected by the Royal Saudi Air Defence at 8.20pm

Saudia suspends flights to Toronto as kingdom’s spat with Canada continues

Saudi recalled its ambassador from Canada on Sunday and gave the Canadian ambassador 24 hours to leave

Heavy rains, thunderstorms expected in Saudi province

The mountainous Al Baha region could also see floods

Saudi freezes new trade with Canada, expels ambassador

The move came after Canada’s foreign ministry urged Riyadh to release arrested civil rights activists

Saudi agrees to admit Iran diplomat to head an office in kingdom – report

The office is expected to be set up within the Swiss diplomatic mission in Saudi

Jet Airways flight skids off runway in Riyadh airport

The flight, with 151 passengers and crew members onboard, was heading to Mumbai

Over 1.5 million arrested as Saudi continues crackdown on illegal residents, workers

The kingdom has been detaining people for residential, labour and border security regulations since November 2017

Saudi preparing to launch ‘digitised’ labour courts

The courts will hear all cases related to the labour law, such as disputes concerning labour contracts and wages

Video: Saudi teenager wins $250k prize at FIFA eWorld Cup final

Mosaad Al-Dossary, 18, beat Belgium’s Stefano Pinna to win the final

Saudi pumped less crude oil in July

OPEC agreed with Russia and other oil-producing allies in June to raise output from July

Saudi resumes oil exports through Red Sea lane

Saudi Arabia temporarily halted oil shipments through the lane on July 25