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Saudi Arabia

Saudi unveils $19.2bn stimulus package for private sector

The Saudi private sector has been hit particularly hard by the slump in oil prices

Saudi Shoura member seeks end to male guardianship system

Women are currently required to seek their male guardian’s permission to travel and work

UAE, Saudi working on digital currency

The two central banks have in the past expressed scepticism about digital currencies

Saudi’s King Salman vows to confront corruption

The kingdom began a corruption crackdown last month

Saudi unit to manage settlements from corruption crackdown

Authorities are hoping to recover up to $100bn from the settlements

Saudi to increase electricity, fuel prices in Q1

The announcement coincides with the first payments under a citizen’s account programme to help low earners

Saudi to increase electricity prices

The proceeds will be used to support a new programme for lower income households

Saudi’s Dar Al Arkan plans Dubai project

The company is launching its international business with a $218m development in downtown Dubai

Saudi Aramco raises spending to $414bn over next decade

The spending plan is higher than Aramco’s projection last year of around $334bn

$1bn shopping site Noon.com goes live in Saudi

The company is marketing itself as the first Arabic e-commerce platform

Saudi Shoura Council approves draft bankruptcy law

The law is intended to attract foreign investment and boost the private sector

Saudi arrests 180,000 residence, labour law violators

The inspection campaign follows an extended amnesty period

Saudi sovereign fund plans cinema venture

The Saudi government has announced plans to lift a ban on cinemas next year

Detained Saudi billionaire al-Sanea seeks to end debt dispute

At the height of his success, al-Sanea held investments in a number of large companies

Saudi Arabia says cinemas will be allowed from early 2018

Cinemas have been banned in the kingdom since the early 1980s

Saudi to announce launch of household allowance system – source

The financial allowances would help low and middle-income households cope with the costs of economic reforms

Saudi sets new work limits for truckers

Truck drivers will have a maximum working day of nine hours, and 56 hours per week, according to sources

Foreigners turn net buyers of Saudi stocks as shock of graft purge fades

Foreigners were net sellers of stocks for four straight weeks after authorities detained officials and businessmen in the purge

US investments in Saudi reported to exceed $15bn

SAGIA said that there are now 462 US investment facilities in the kingdom

UN says missiles fired at Saudi Arabia have ‘common origin’

Despite the assertion, investigations are continuing over US and Saudi claims that Iran supplied them

Saudi women have spent $3.1m to obtain driving licences abroad

The figure suggests a significant appetite for driving among women in the kingdom

Gulf rulers boycotting Qatar skip annual summit

Saudi Arabia, the UAE and Bahrain sent ministers or deputy prime ministers to the annual event

Saudi says most people detained in anti-corruption sweep have settled

People who refuse to settle are referred to the public prosecutor for additional investigation

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Saudi’s SABIC to open office in Iraq as relations improve

Saudi Arabia is wooing Baghdad in an effort to halt the growing regional influence of arch-foe Iran

UAE calls for cooperation pact with Saudi Arabia in divided Gulf

The committee would work on economic, political and military issues

Saudi minister says main wave of arrests completed in anti-corruption purge

Dozens of princes, officials and businessmen were detained last month

Saudi travel agencies can now issue tourist visas

Travel to the kingdom was previously restricted to pilgrims, businessmen and family members of residents

Saudi Crown Prince voted Time person of the year

The Crown Prince received significantly more votes than any other leader

Saudi stock exchange announces system upgrade

The upgrade will enable market members to provide new categories of securities and services to investors

Customers of Dubai's Gold AE to launch legal action

Saudi bans employment of foreigners in gold and jewellery shops

A deadline for businesses to employ Saudis in the sector ended on Sunday