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Revealed: Top 5 most powerful Arabs from Saudi Arabia

The highest ranked Arabs originating from Saudi in Gulf Business’ annual Top 100 Most Powerful Arabs list

Saudi foreign minister makes rare visit to Baghdad

The kingdom plans to appoint a new Iraqi ambassador

Saudi King Salman begins month-long Asia tour to promote investment

The king is expected to visit Malaysia, Indonesia, Japan and China

Aramco IPO could push other GCC states, such as UAE, to list oil assets

The Saudi government plans to list up to 5 per cent of Aramco next year

Saudi accuses 32 people of spying for Iran

Saudi’s finance ministry names new head of public debt office

Ayman Alsayari was deputy governor for investment at Saudi Arabia Monetary Authority

More than half of Jeddah’s private schools face closure

Recent rule changes require private schools to switch to more education-friendly accomodation

Iran sends delegation to Saudi for talks on rejoining haj

Iran boycotted last year’s haj

Saudi Arabia allocates $10bn for Yemen reconstruction

President Abed Rabbo Mansour Hadi has called for reconstruction efforts to focus on power, water, roads, health and education infrastructure

Saudi Aramco recruits JPMorgan, M.Stanley for IPO, eyes Chinese investors

Up to 5 per cent of the world’s largest oil producer is likely to be listed

Malaysia’s Petronas, Saudi Aramco may sign new deal on refinery project

Aramco previously scrapped a $20.1bn project with Petronas

Exclusive: PepsiCo to open one of its largest manufacturing plants in Saudi

The beverages plant will open later this year in Jeddah

Saudi seeks to revive Yemen free zone plans

Plans for a free zone between the two countries were put on hold after 2011

Saudi Aramco selects lead underwriters for $100bn IPO

JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings have reportedly been selected

Saudi sees first deflation in over a decade

Prices fell 0.4 per cent from a year earlier last month, their first drop since the early 2000s

Saudi issues request for proposals for international sukuk

The sovereign issued a debut $17.5bn bond in October last year

Saudi favours New York for Aramco IPO

Saudi officials expect the IPO to value Aramco at a minimum of $2 trillion

Saudi seeks bids for first round of its renewable energy programme

The requests for qualifications (RFQ) process is open to local, regional and international developers and consortiums

Saudi authorises finance minister to set soft drinks tax date

The selective tax will apply to goods harmful to human health

Saudi’s Samba Financial Group appoints female CEO

Nashar is the first female CEO of a listed Saudi commercial bank

Saudi Stock Exchange appoints first female chairperson

Sarah Al-Suhaimi, the CEO of NCB Capital, has been appointed to the role

Saudi crude oil production, exports fall in Dec

The kingdom’s oil exports dropped to 8.014 million barrels per day

Saudi’s Tadawul to list seven companies on new SME market Nomu

The new market is set to open on February 26

Saudi rail operations expected to resume on Friday after flooding

Torrential rain caused a train to derail near Dammam last week

Saudi labour ministry allows transfer of domestic workers

The new rules allow housemaids, drivers and other workers to transfer their sponsorship under a number of circumstances

Saudi gamers get together at kingdom’s first-ever Comic Con

Saudi is trying to boost its entertainment sector as part of an economic and social reform drive

Saudi Binladin obtains fresh payments from government

The Saudi building sector was hit hard last year as the government delayed paying contractors for their work

GCC States to maintain defence spending despite oil price slump

Saudi Arabia and the UAE’s defence spend as a share of their GDP is the highest in the world

One person dies in Saudi Aramco oil pipeline leak

The oil leak also injured three other people, including an Aramco employee

Floods cause train to derail near Saudi’s Dammam, injuring 18

The 193 passengers and six crew members were transferred to another train

Saudi says it has broken up four ISIL cells

The cells which comprised 15 Saudis, two Yemenis and a Sudanese man