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Saudi Arabia

Another 1,000 Saudi mobile shops shut from Sept-Nov

Thousands of shops have been closed following the introduction of new Saudisation rules

Rocket attacks in Saudi and air strikes in Yemen strain truce

The truce was announced on Friday night as a step to end the 20-month old war

Spanish firms reach deal with Saudi over Mecca-Medina rail link

A series of delays and setbacks have hit the project

Saudi pays SAR40bn owed to contractors

An officially has indicated delayed projects would be revived following the payments

Missile from Yemen kills Saudi soldier hours before ceasefire

The 48-hour truce started at noon on Saturday

Trump unlikely to act on threat to stop buying Saudi oil

The US has always had a complicated relationship with Saudi, writes Reuters’ columnist John Kemp

Saudi sovereign fund makes key hires under reform strategy

Under government reforms, PIF will invest more actively abroad

Saudi energy minister urges OPEC to cut oil output

OPEC agreed in September to limit supply with special conditions given to Libya, Nigeria and Iran

Iran overtakes Saudi as top oil supplier to India

Iran’s surge to the top spot is due partly to less available crude from Saudi

Saudi’s King Salman to shake-up Shoura Council

At least 18 members of the consultative body are expected to be replaced

Aramco IPO to reveal true extent of Saudi oil reserves

Khalid al-Falih said third parties would independently verify “reserves” disclosed to investors

Saudi wealth fund PIF denies plans to sell its stakes in local firms

A report claimed the PIF is reviewing the sale of stakes in local companies as it seeks to diversify its portfolio

Saudi intercepts and damages missile from Yemen

The missile was targeted towards the city of Najran

Six Flags aims to open first Saudi park by 2021

Six Flags could open up to three parks in the kingdom

Saudi council recommends privatisation of clubs in top football league

Currently most of the teams in the Saudi Professional League are government owned

Saudi central bank predicts 1.8% GDP growth this year

The non-oil sector is expected to expand 2.5 per cent

Runaway expat workers in Saudi face permanent ban from the country

Workers given Huroob status will never be able to return to the country

Saudi stock market lists its first real estate fund

Riyad REIT was capitalised at SAR500m

Saudi royal Prince Salman bin Fawaz dies

His funeral prayer will be performed in Riyadh on Sunday

Zain Saudi ordered to pay rival Mobily $58.5m

Zain Saudi said that it previously made provisions to cover the full amount awarded

Six projects worth $212m approved in Riyadh, Jeddah

The projects cover maintenance of public areas and new computer systems

Saudi sets aside SAR100bn to settle delayed private sector payments

The payment delays have seriously damaged some companies

UAE leaders condole death of Saudi prince

The Saudi prince passed away on Saturday morning

Saudi reveals new measure to regulate foreign worker recruitment

The kingdom is appointing labour attaches in countries such as India and Philippines

Saudi Oger seeks payment freeze on $3.5bn local bank debt – sources

The construction giant could now seek one of the largest debt restructuring deals in the Gulf since 2014

Saudi Arabia to settle private sector payments by end of year

The government’s Council of Economic and Development Affairs also cancelled projects valued up to $266.7bn

Saudi sets new rules for government worker bonuses

The new rules aim to recognise exceptional employees but set limits on payments

OIC pledges support to Saudi coalition following alleged Mecca missile

Yemen’s Houthi rebels are accused of firing a ballistic missile towards the Islamic holy city

Saudi to allow women to work in pharmacies, optical stores

Despite the lifting of restrictions, women will still be unable to work alongside men

Saudi Naimi’s battles against Western “greed” shine light on Aramco IPO

The 300-page book, titled Out of the Desert, describes the battles waged by the influential industry veteran