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Saudi Arabia

Saudi ministry says Eid Al Adha holiday to begin next week

Public sector workers will have more than two weeks off to mark the occasion

Saudi Shoura member calls for closure of small shops

Dr Fahd Bin Mohammed Bin Jumaa said community centres closer to Saudi homes would provide job opportunities for citizens

Different Arab money

Other GCC states may introduce VAT after UAE and Saudi

The UAE and Saudi Arabia will be implementing VAT starting 2018 January

Saudi executes three Yemenis for smuggling drugs

The men were executed in the Asir region on Tuesday

Saudi establishes new authority for military industries

The authority will be tasked with organising and developing the military industries sector in the kingdom

Saudi to reopen Iraq land border for trade after 27 years – report

The crossing was closed in the wake of Saddam Hussein’s 1990 invasion of Kuwait

Saudi announces departure of 1,400 domestic workers

Preparations are also underway to repatriate all female workers staying in shelters in the kingdom

Saudi to resume building mega $3.5bn Abraj Kudai hotel in Makkah

The hotel is expected to have about 10,000 rooms, 70 restaurants and several helipads when completed

Saudi summons Twitter users for harming public order

The Public Prosecution has warned against publishing comments that harm public integrity and social moderation

Saudi budget deficit shrinks due to higher oil prices

Saudi officials said the figures showed the country was making good progress in repairing state finances

IIF forecasts Saudi economy will contract this year

The organisation said deep structural reforms would be needed to prepare the Saudi workforce for the private sector

Saudi issues August deadline for VAT registration

Businesses will have until later this month to register for the tax

Saudi Arabia favours New York for Aramco listing despite risks

A final decision will be taken by Crown Prince Mohammad bin Salman

Saudi receives over 447,300 haj pilgrims, says no health concerns

There have been no recorded cases of epidemics or quarantine diseases among pilgrims so far

Saudi’s five largest banks could face profitability pressures – Moody’s

Profitability will mainly be affected in 2018 due to lower government spending

Saudi universities to only hire foreigners as last resort

The kingdom is pressing ahead with plans to limit recruitment in some sectors to Saudi nationals only

Saudi security forces flatten old quarter of Awamiya in eastern region

The small town has been the centre of protests in recent months

Saudi to allow 100% foreign ownership of engineering firms – report

Saudi already allows foreign investors to 100 per cent own retail and wholesale firms

Saudi to privatise airports this year

The kingdom is aiming to make its airport operations profitable

HSBC to add staff in Saudi as kingdom adopts Vision 2030 agenda

The programme has created “fantastic” opportunities for its Saudi operations, says regional HSBC chief

Iraqi oil minister visits Saudi to discuss joint cooperation

Jabar al-Luaibi will meet his counterpart Khalid al-Falih to discuss oil market developments

Saudi prince passes away

A funeral prayer for the deceased will be held in Riyadh

Iran denies oil discount rumours

Saudi cuts Sept crude supplies to most Asian buyers by up to 10%

The cuts come as Saudi complies with the oil producers’ deal to cut output

Saudi minister says kingdom will not cover cost of private education

The kingdom has cut scholarships for students attending private universities within Saudi Arabia

Saudi to press ahead with $7bn Jeddah-Riyadh rail line within a year

The government had previously attempted to build the line in 2011

Saudi billionaire Prince Alwaleed to invest about $800m in Egypt

Alwaleed’s investment will include establishing two new hotels

App made by Saudi developer, Sarahah, tops global charts

The anonymous messaging service was launched as an app in June

Saudi denies increase to work permit fee for foreigners

Reports last year suggested the kingdom could double the existing fee by 2018

Saudi security forces kill one terrorist, capture two others

The names of the men were not revealed by the kingdom’s Interior Ministry

Saudi pushes ahead with plans to prevent foreigners from working in women’s shops

All shops selling ‘women’s necessities’ will soon only be able to employ Saudi women