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Saudi central bank says currency reserves healthy

The trade deficit is expected to drop this year

Hunting party with 26 Qataris, two Saudis freed from hostage in Iraq

Thre men were seized by unidentified gunmen in 2015 while hunting in southern Iraq

Saudi restores civil service and military allowances, replaces two ministers

Saudi King Salman replaced the kingdom’s information and civil service ministers

Saudi to award licences to 15 US firms in May

The licences are expected to be awarded to companies in technology, pharmaceutical and other sectors

Saudi, Kuwait signal likely extension of oil output cut

OPEC sources said an internal assessment was that if they failed to extend the agreement, oil could slide back to $30-$40 a barrel

Only Saudi citizens to be employed at kingdom’s shopping malls

The Saudi retail sector currently employs 1.5 million workers, of whom only 300,000 are Saudis

At least 1 million expats expected to leave Saudi under amnesty campaign

The three-month campaign began on March 29

Trump mulling visit to Saudi Arabia in May – US official

Defense Secretary James Mattis was in Riyadh this week

Saudi’s SABIC mulls potential project with Exxon Mobil in Texas

Both companies are presently carrying out further studies

China gathers state-led consortium for Saudi Aramco IPO

Aramco’s board plans to meet in Shanghai in May, its first meeting in China in seven years

Saudi military helicopter crashes in Yemen, killing 12 officers

The Black Hawk came down in Marib province, east of the Houthi-controlled capital Sanaa

UK general election: What will it mean for trade with the GCC?

UK PM Theresa May has called for a snap general election on June 8

Saudi begins renewable drive with bidding for 300MW solar power project

The kingdom aims to produce 10 per cent of its power from renewable sources in the next six years

Citigroup appoints new head for Saudi business

Carmen Haddad, the CEO of Citi’s Qatar business, will take on the new role

Saudi says tax on tobacco, sugary drinks can generate up to SAR10bn

A 50 per cent levy will be imposed on soft drinks and 100 per cent on tobacco and energy drinks

Saudi privatisation drive to see 100 entities listed on the Tadawul

Close to 180 companies are listed on the Saudi stock exchange currently

Troubled construction firm Saudi Oger sells 2.8% stake in Saudi Investment Bank

Saudi Oger is struggling because of cuts in government spending and payment delays

Saudi bans import of poultry from Vietnam over bird flu fears

The kingdom has also banned the import of poultry from Tennessee and Malaysia over concerns of bird flu

Saudi to suspend, restructure unfinished projects worth billions of dollars

Many of the projects are relics of a decade-long boom of high oil prices and lavish state spending

UAE’s Al Futtaim Group says plans on for Saudi expansion

The company announced in 2015 that it would quadruple its footprint in the kingdom

US defense chief to visit Saudi, Qatar next week

Jim Mattis will “reaffirm key US military alliances” during the trip

Saudi banks, bin Laden firms face $4.2bn US lawsuit by 9/11 insurers

The defendants are accused in the lawsuit of having “aided and abetted” the attacks

Saudi princess ‘fired’ as editor in chief of Vogue Arabia – report

Deena Aljuhani Abdulaziz was appointed to the role in July 2016

Saudi Shoura Council discusses soft drink, tobacco tax

The tax will cover products deemed harmful to human health

Saudi woman Dina Ali, seeking asylum in Australia, forcibly returned to Riyadh

Dina Ali Lasloom said in self-recorded videos that the Philippine authorities had held her at the Manila airport

Jeddah’s rents fall further after departure of several expatriates

Average rents in the Saudi city were down 8.5 per cent year-on-year in Q1

Saudi’s King Salman, Phillipines’ Duterte oversee signing of cooperation deals

Duterte, who arrived in the kingdom on Monday evening, was on the first leg of a Gulf tour

Oil climbs after reports that Saudi wants output cuts extended

Saudi reportedly wants to extend production cuts enacted in January for another six months

High winds close Saudi Arabia’s Jeddah port

The port was closed due to high winds and reduced visibility

Saudis, oil majors discuss gas investments ahead of giant IPO

Aramco is preparing to reveal in the next few months a new gas strategy