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Saudi Arabia

Saudi unveils $2.1bn plan for Taif tourism development

The private sector is expected to provide nearly 90 per cent of the funds for the project

Saudi to pay two state firms $1.14bn for broadband rollout

Fibre optic broadband will be rolled out to two million locations

Uber signs agreement with Riyadh Airports

Uber will have three dedicated areas at Riyadh International Airport

Saudi halts operations of one million firms for breaching Saudisation laws

The kingdom is expected to introduce even stricter requirements for employing Saudis from next month

Saudi Shoura member calls for 20% tax on investments abroad

Fahd bin Jumaa said the measure would offset the exit of Saudi capital

Saudi seeks to end 25 US lawsuits over September 11 attacks

The kingdom said plaintiffs could not show that any Saudi official, employee or agent planned or carried out the attacks

Saudi unveils major Maldives-inspired tourism project on the Red Sea

The project will see the development of resorts on more than 50 natural Red Sea islands

Saudi considers oil-price linked royalty for Aramco – report

The proposal would see Aramco pay higher royalties if oil prices rise

Struggling construction firm Saudi Oger shuts down – report

The company, owned by the family of Lebanese Prime Minister Saad al-Hariri, closed after 39 years in operation

Calls for internationalisation of holy sites ‘a declaration of war’ – Saudi

Saudi foreign minister responds to statements reportedly made by Qatar

Iranian pilgrims return to haj in Saudi after boycott last year

Nearly 90,000 Iranians are expected to attend the haj this year

Four Arab states to open nine emergency routes for Qatari planes

The emergency routes will be opened on August 1

Policeman killed, six wounded in Saudi attack

The town of Awamiya in eastern Saudi Arabia has been witness to growing unrest

Saudi, UAE, Egypt and Bahrain say ready for Qatar dialogue with conditions

The four states want Qatar to respond to the 13 demands submitted by them

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Saudi’s SABIC reports 25% fall in Q2 net profit

The fall in profit was blamed on weaker performance at SABIC’s Hadeed iron and steel unit

Region’s largest semi-permanent exhibition hall takes shape in Saudi

The King Abdullah Exhibition Centre is being built by Dutch company De Boer

Saudi remittances drop by more than a third in June

The decline was the largest seen in the last 11 months

Saudi, UAE, Bahrain and Egypt expected to impose more sanctions on Qatar

The four Arab states cut ties with Qatar on June 5

Illegal workers in Saudi face prison, SAR50,000 fine as crackdown begins

The kingdom ended a four-month amnesty period for illegal workers last week

Saudi Aramco advisers favour London for mega IPO

The IPO is expected to be the world’s biggest and is targeted to raise $100bn

Saudi foreign reserves rise in June for first time in a year

The central bank’s net foreign assets climbed to $493.3bn last month

Saudi, UAE, Egypt and Bahrain to meet on Saturday to discuss Qatar

The four states are meeting in Manama on Saturday

Saudi courts uphold death sentences for 29 – reports

The men are part of two high-profile groups accused of spying for Iran and carrying out terror attacks

New Saudi city to house 6.5 million people

Al-Faisaliah City includes an airport, seaport, malls and other facilities

Saudi passports head says no extension to amnesty

Major general Solaiman Al-Yahya warned that those who failed to utilise the four-month window would be punished

Saudi Aramco to complete phase 1 of expanded gas pipeline by year end

Aramco plans to nearly double its gas production to 23 billion standard cubic feet per day over the next decade

Saudi conducts Haramain Express Train passenger trial

The train is expected to be ready for service next year

Two Emiratis killed, 13 injured in three-vehicle crash in Oman

The accident occurred at around 8pm on Tuesday in Oman’s Adam province

Saudi hires Goldman for Riyadh airport’s stake sale

Saudi Civil Aviation Holding plans to sell a minority stake in Riyadh’s King Khalid International Airport

Saudi to ban foreign workers from grocery shop jobs

The Ministry of Labour expects the change to create thousands of jobs for Saudis