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Saudi Arabia

Saudi Aramco plans tourism training centre in reform drive

Officials want the tourism centre to handle 5,000 male and female trainees

Saudi to announce 10 energy deals, $40bn investment during Trump visit – report

The deals are said to form part of Aramco’s strategy to source 70 per cent of its oil and gas equipment from within the local market

Saudi to introduce flexible work contracts

The new system is designed to facilitate remote working

Trump to reassure Saudis, promote business, talk tough on radicalism

The US-Saudi alliance has experienced turbulence since Riyadh faulted what it saw as Obama’s withdrawal from the region

Saudi soldier killed, five wounded in restive Qatif province

The soldier was killed by a rocket-propelled grenade in a district of al-Awamiya

Saudi to trade electricity with Africa via Egypt by 2020

The kingdom is also eyeing power connectivity with countries in Asia and Europe

Abu Dhabi’s NPCC wins Saudi Aramco contract for four offshore platforms

The contract comes under the scope of long-term agreement signed in October

Saudi’s largest property developer Dar Al Arkan confirms CEO resignation

Abdulrehman Hamad Al-Harkan is leaving the company for personal reasons

Saudi students warned against tearing up textbooks after viral video

Minister of education Ahmed Al-Issa has ordered the formation of a committee to study the issue

Oil prices rise as Iran backs output cap; UAE expects positive impact

Saudi Arabia, Russia agree to extend oil output cuts until March 2018

The next round of cuts will be on the same terms as the existing deal

Saudi Telecom denies systems affected by WannaCry ransomware

Photos circulated on social media claimed to show infected STC computers

World’s tallest tower in Saudi delays opening

Jeddah Tower, rising over 1km high, is now expected to open in 2019

Saudi awards $507m Bus Rapid Transit project to Turkey’s Yuksel

Yuksel has so far completed 39 projects in the kingdom worth SAR8.12bn

Healthcare in Saudi Arabia – where are the opportunities?

The team at research group Marmore MENA Intelligence look at the business openings in Saudi Arabia’s healthcare industry

JPMorgan to increase bankers in Saudi in line with market growth

The bank expects increased activity in the equity market

Saudi says deficit financed from current account in Q1

Saudi Arabia’s fiscal deficit had fallen 71 per cent in the first quarter

Saudi’s Al Borg Medical agrees to buy Anglo Arabian’s lab business

Al Borg has 53 laboratories across eight countries in the Gulf and Africa

Saudi to stop hiring expatriate dentists

The move is aimed at reducing unemployment among Saudi dentists

Saudi forces kill ‘wanted man’ at Shi’ite district

Authorities say the town of al-Musawra has become a hideout for Shi’ite Muslim militants

Up to 20,000 jobs created in Saudi’s growing entertainment sector

The country’s entertainment sector reportedly generates SAR2.02 for every riyal spent on organising an event

New York Stock Exchange to woo Aramco IPO in upcoming Saudi visit

Saudi officials have said the IPO, planned for 2018, will be worth about $100bn

Saudi signals first cut in crude oil supplies to Asia

OPEC has previously kept supplies to clients in high-growth Asian markets steady, while cutting allocations to Europe and the US

Saudi Electricity swings to Q1 profit after municipality fee exemption

A royal decree exempted the Gulf’s largest utility firm from municipality fees

Bomb threat causes panic on Saudi airliner flynas’ flight heading to Cairo

An apparently mentally unstable 61-year old man was subdued by security staff

Saudi arrests 13 people over attempts to smuggle over 590kgs of cannabis

The suspects were reportedly attempting to smuggle the narcotics from Yemen

Saudi’s inclusion in MSCI’s emerging markets index could signal large inflows

MSCI could include the Tadawul in its emerging markets in June

Indian workers stranded in Saudi appeal to their government for help

The 24 Indian workers claim they are being ill-treated by their employer

Dubai contractor DSI seeking outstanding payments from Saudi Aramco

The company may consider all legal options including arbitration to recover the remaining amount

India’s top refiner in early talks with Saudi Aramco for new project

India, the world’s third biggest oil consumer, plans to build a 1.2 million bpd refinery to petrochemical project

UAE, Saudi rulers congratulate Macron on winning French presidential election

Emmanuel Macron beat Marine Le Pen with 66.06 per cent of the votes