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Saudi sovereign fund is not considering stake in Six Flags

Saudi officials began talks with Six Flags last year to build theme parks in the kingdom

Law firm White & Case advises Saudi Aramco on world’s biggest IPO

The IPO is expected to take place in 2018

Saudi issues deadline for Saudisation of motor insurance sector

The kingdom also Saudised issued new rules for the Saudisation of the mobile shop sector last year

Saudi billionaire Prince Alwaleed’s Al Arab channel closes down

The channel has been unable to find a new base after it was shut down in Bahrain

Saudi hires Jadwa Investment to advise on privatisation of football clubs

Late last year, the government approved plans to turn state-owned sports clubs into private companies

New York’s Moelis selected as advisor for Saudi Aramco IPO

The boutique firm has beaten competition from larger and more established banks, according to reports

Saudi begins tourism jobs push

A new partnership will seek to increase the number of Saudis working in the sector

Man arrested after he tries to set himself alight at Mecca Grand Mosque

Police said the man was in his 40s

Call for closer scrutiny of Pakistanis in Saudi after 39,000 deported

There is growing concern at the involvement of Pakistanis in terrorism and crime, according to Saudi Gazette

Saudi Aramco set to issue its first domestic sukuk

The Islamic bonds will be issued later this year to help fund Aramco’s activities

Saudi introduces new limits on office size for senior government positions

Under the new rules, the offices of heads of government departments can be a maximum of 40 square metres

Credit insurer Coface expects easing in payment delays in Saudi

The number of delayed payments in the kingdom fell by 8 per cent between the first and second quarters of 2016

Saudi’s non-oil private sector improves, jobs growth remains slow

The kingdom’s non-oil firms noted sharp increases in output and new business

Saudi citizens fund registrations reach 1.7 million

The fund is designed to compensate lower earners for cuts to fuel, electricity and water subsidies

Saudi Aramco likely to list on multiple exchanges at same time

The planned listing next year of up to 5 per cent of Aramco is expected to be the world’s biggest IPO

Saudi finance minister says efficiency initiative saves SAR80bn

The ministry has also set up a mechanism to reimburse contractors within 60 days

Saudi Shoura Council to discuss granting women passports without consent

Women in the kingdom need their male guardian’s permission to obtain travel documents

Saudi to invite bids for renewable projects in April

Khalid Al-Falih said the projects would be awarded in September

Saudi welcomes US President Trump’s ‘pro-oil’ policies

The kingdom’s energy minister says Saudi may increase its oil investments in the US

Saudi’s Mobily signs SAR7.9bn refinancing with banks

The murabaha facility will refinance a significant part of Mobily’s current debt

Saudi labour ministry still crippled by Jan cyber attack

Labour ministry offices are still unable to renew residence permits

Amazon, Meta join ranks of tech companies slashing thousands of jobs

Job cuts expected to continue in Saudi this year – survey

Up to 45 per cent of surveyed firms in Saudi expect headcount reductions in 2017

Saudi labour ministry to halt recruitment at firms that cut Saudi staff

A new directive will see firms punished if they fail to justify the sacking of 1 per cent of their Saudi workforce

Saudi Cabinet gives final approval for 5% VAT

VAT will be implemented across the GCC from early next year

Saudi Telecom to buy rival Atheeb’s mobile towers for SAR230m

STC said the purchase would be financed through “internal resources”

Saudi Prince Badr bin Mohammed dies

His funeral prayer will be performed on Monday in Riyadh

Saudi women allowed to operate food carts in Jeddah

The first cart operated by a Saudi woman has been licensed in Jeddah

Trump speaks to Saudi, UAE leaders, discusses counter-terrorism push

The leaders also reportedly discussed heightening economic cooperation

Trump to speak to Saudi, UAE leaders – White House

The talks follow an uproar in the Middle East over Trump’s policy to ban travellers from seven Muslim majority countries

Two expats in Saudi critical after being infected with MERS virus

The two men are among six others infected with the virus in the last week