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Saudi Arabia

General Electric signs $267m deal to build gas turbines in Saudi Arabia

The agreement follows an announcement by GE during US President Donald Trump’s visit last weekend

Saudi authorities approve 7 Haj projects

Makkah Emir Prince Khaled Al-Faisal signed the agreements

Revealed: Top 10 banks in Saudi Arabia

The kingdom’s biggest listed banks, as ranked by total asset size

Russia beats Saudi as top China oil supplier for second month

Saudi arrivals to China in April were down 3.9 per cent from a year ago

Saudi businesses with revenue exceeding SAR375,000 to pay VAT from Jan

Failure to pay the tax could result in a fine or jail for company executives

India could invest in Aramco IPO to strengthen ties

Indian state refiners plan to set up a refining venture with Saudi Aramco

Saudi launches new platform ‘HUB1006’ to support SMEs and start-ups, provide more jobs

The new platform aims to “remove bureaucratic barriers associated with growing a business in Saudi Arabia”

Budget pressure likely to keep Saudis propping up oil price

Saudi Arabia will go into the meeting of OPEC and non-OPEC producers on May 25 determined to maximise its oil revenue, analysts and economists say

Melania Trump hails “empowerment of women” at Saudi company visit

“It is about finding the balance,” she told female employees at a General Electric all-female service centre

Boeing signs military, commercial deals with Saudi Arabia

Saudi Arabia is seeking closer defence and commercial ties with the United States under Trump

Trump speech in Riyadh: Arab leaders must fight ‘Islamist extremism’

Trump described the fight against terrorism as a battle between good and evil

Saudi says enough steps taken to bring oil prices to five-year balance by 2018

Oil producers are extending the current agreement on global oil supply cuts until March next year

GCC states, US to sign agreement against terror financing

Saudi Crown Prince Mohammed bin Nayef and US Secretary of State Rex Tillerson will sign the MoU in Riyadh

Saudi billionaire Olayan outlines difficulties in absorbing reforms

Olayan said the pace of change had been too fast for some companies in the private sector

Under fire in Washington, Trump receives warm welcome in Saudi

Trump is to deliver a speech in Riyadh on Sunday and attend a meeting of GCC leaders

US, Saudi firms sign multi-billion dollar deals during Trump visit

Energy minister Khalid al-Falih said deals involving all companies totalled over $200bn

Saudi Aramco to sign deals with US firms during Trump visit

Deals are expected to be signed with US companies such as Schlumberger, Halliburton, Baker Hughes and Weatherford

Saudi launches military industries company seeking to employ 40,000 by 2030

The company will work in repair and maintenance of planes as well as in the manufacture of unmanned aircraft

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