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Saudi Arabia

Saudi says 150,000+ jobs created by barring foreigners from ride app roles

Non-Saudis are barred from working directly for Uber and Careem as drivers

Saudi launches International Communication Centre to improve image

The kingdom is aiming to improve its image abroad

Saudi signs cooperation deals with China on nuclear energy

Riyadh is in the early stages of feasibility and design studies for its first two commercial nuclear reactors

Is Saudi’s bold vision taking shape?

Heralding major reforms, Saudi Arabia’s Vision 2030 programme was launched with much gusto last year. Has there been significant progress?

Saudi to allow full foreign ownership in health, education sectors

It is the latest move by the country to gradually ease ownership restrictions on foreign firms

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Saudi lifts poultry import ban from Malaysia, Poland, Austria and Serbia

The ban on poultry imports was imposed due to concerns over bird flu

Over 1.4 million hajj pilgrims arrive in Saudi

The number represents an increase of 33 per cent when compared with the same period last year

Saudis may seek funding in Chinese yuan

Obtaining some funds in yuan could give Riyadh more financial flexibility

New Saudi carrier flyadeal receives first plane from Dubai Aerospace

Flyadeal will begin operations in September

Saudi teen released after arrest for dancing on a Jeddah street

The boy was described as a ‘hero’ after he was detained for dancing to the Macarena song

Saudi King Salman returns to kingdom after Morocco vacation

King Salman left for the holiday on July 24

Iran, Saudi to exchange diplomatic visits – Iranian minister

The visits could take place after the hajj pilgrimage ends in the first week of September

Carlson Rezidor opens two Radisson Blu hotels in Saudi

The company said it would open 10 hotels in the kingdom this year alone

Saudi wealth fund PIF hires head of domestic investments

Rashed Sharif was previously CEO of Riyad Bank’s investment banking arm

Saudi halts recruitment of foreign engineers with under 5 years’ experience

Expatriate engineers will also be required to undergo a professional test and a personal interview

Saudi Aramco receives bids for contracts in gas expansion drive

The contracts are part of a $4bn scheme to increase gas production in the country

Saudi eyes joint investment fund with China

The two sides are expanding ties following a visit to China by King Salman earlier this year

Saudi teen arrested for dancing to ‘Macarena’ on Jeddah street

The 14-year-old was questioned for showing “improper public behaviour” and disrupting traffic.

Saudi ministry suspends firm for mass sacking of citizens

The labour ministry said it is investigating the incident

First day of Eid Al Adha has been announced

The first day of Eid Al Adha will fall on Friday, September 1, says Saudi Supreme Court

Saudi calls on tourism companies to employ citizens before deadline

The sector is one of several where authorities are seeking to boost the employment of citizens

Saudi to get $21.3bn boost from expat fees but may face 2017 recession – BoA

The bank said reforms were providing a non-oil revenue boost but may not help the country avoid recession this year

Saudi Supreme Court says Dhul-Hijjah crescent not sighted

The court had called on Muslims in the kingdom to sight the crescent on Monday evening

Fire breaks out at a hotel in Makkah

All the 600 Turkish and Yemeni pilgirms at the hotel were safely evacuated

Saudi executes two nationals for drug smuggling

The kingdom’s laws on drug smuggling are among the strictest in the world

Saudi issues rules for small-scale solar energy generation

The rules will come into force next July 1

Saudi payments start-up PayTabs raises $20m

PayTabs said it would use the funds to expand into more than 20 new markets

Saudi expects increase in Hajj pilgrims after crossing one million arrivals

The kingdom lifted pilgrim quota reductions earlier this year

Saudi exempts contractors on public sector projects from new worker tax

The country is expected to double its monthly fee for private sector workers from next year

Goldman Sachs gets approval for Saudi equities trading licence

Goldman Sachs has been operating in the kingdom since 2009 as an agent and underwriter