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Saudi Arabia

Saudi Shoura member calls for female football teams

Iqbal Dandari said allowing women into stadiums would encourage them to consider professional sports

Saudi state-owned defence company SAMI appoints new CEO

Created in May, Saudi Arabian Military Industries is backed by the Public Investment Fund

Saudi prepares regulation to allow women to drive

Women will be allowed to drive from June 24 next year

Saudi to extract its own uranium for nuclear programme

The kingdom plans to issue contracts for its first reactors next year

Bahrain’s GFH Financial Group eyes Saudi listing

The firm is also in talks to acquire a Gulf financial services company

Saudi Shoura proposal seeks more women in diplomatic roles

The kingdom recently appointed its first female embassy spokesperson

FTSE Russell launches Saudi inclusion indices ahead of EM upgrade

The indices are intended to be used as a transitional tool ahead of Saudi Arabia’s inclusion in FTSE’s emerging market index

Saudi Arabian Airlines resumes flying to Iraq after 27 years

There have been no flights between Saudi and Iraq since Saddam Hussein invaded Kuwait in 1990

Saudi women to be allowed into sports stadiums

Three stadiums in Riyadh, Jeddah and Dammam will be ready to accommodate families from early 2018

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Saudi’s SABIC Q3 net profit up 10.7% on higher prices, sales

SABIC made a net profit of SAR5.79bn

Shake Shack plans Saudi expansion

The Gulf region is one of the burger chain’s largest international markets

New Saudi mega city NEOM is Crown Prince’s desert dream

Future reforms are expected to cut subsidies, raise taxes, overhaul an outdated education system

Saudi to begin issuing tourist visas

The kingdom is currently inaccessible for most tourists

Saudi ready to extend oil output cut deal – Crown Prince

OPEC and other major oil producers have cut output by about 1.8 million bpd since January

Saudi’s PIF to invest about $1bn in Virgin’s space companies

Last year Virgin Galactic was granted an operating licence by US authorities

Saudi Aramco could be valued at over $2 trillion – Crown Prince

Prince Mohammad also reiterated that the IPO is on track for 2018

$1bn shopping site Noon.com to launch in Saudi by year-end

The Saudi-headquartered site quietly went online in the UAE at the end of September

IPO planned for new Saudi mega city NEOM – Crown Prince

The 26,500sqkm business and industrial zone will extend into Jordan and Egypt

Emaar’s Alabbar keen to be part of Saudi’s $500bn NEOM

Alabbar’s Emaar is the joint developer of the King Abdullah Economic City project

Saudi industrial city KAEC plans jazz festival this year

Foreign musicians are also expected to perform at the festival

Citigroup goes on hiring drive as it re-enters Saudi

The bank recently obtained an investment banking licence in the kingdom

Saudi’s Flyadeal plans 50-plane order with Boeing or Airbus

Flyadeal began operations last month

Saudi’s PIF aims to manage over $400bn in assets by 2020

Investments will be in sectors such as real estate and infrastructure

Chinese e-commerce firm JD.com eyes Saudi government partnership

China’s second-biggest e-commerce firm plans to enter the Middle East

Saudi appoints CEO of $500bn mega city NEOM

Klaus Kleinfeld, the former chairman and CEO of Alcoa and Arconic, has been appointed to the role

Saudi unveils $500bn city to develop border region with Jordan, Egypt

The 26,500 square km zone, known as NEOM, will focus on industries

Saudi energy minister says ‘flexible’ on OPEC oil pact

Inventories have been reduced by over 180 million barrels

Saudi wealth fund PIF expects to create over 20,000 jobs by 2020

The Saudi government plans to expand the PIF

Saudi municipality head shot dead

A disgruntled employee is the main suspect in the murder

Saudi, UAE pledge millions of dollars to Rohingya refugees

More than 600,000 Rohingyas have fled a government crackdown in Myanmar in recent months