Home next GCC next Saudi Arabia

Saudi Arabia

Egyptian court hears appeal for controversial Saudi island deal

An Egyptian court rescinded the country’s decision to handover disputed Red islands to Saudi Arabia in June

Five minutes with… Jean-Yves Tolot, chairman, Thales Saudi Arabia

French defence firm Thales is positive about growth in Saudi despite the impact of low oil prices

GCC mulls unified law to ‘combat terrorism’

The law was discussed during a meeting between the GCC justice ministers in Riyadh

Saudi riyal peg not under threat – Credit Suisse

The bank said Saudi still had adequate foreign reserves to defend its currency

Saudi signs deals for 10,000 homes in Eastern Province

Saudi Arabia is seeking partners to build 1.5 million homes in the coming years to address a shortage of housing

Saudi Electricity awards France’s Engie $1.2bn power station contract

The plant will be operational by December 2019

Expats can’t be employed by ride hailing services in Saudi

Only Saudis are allowed to work with companies like Uber and Careem using their private vehicles

Dubai’s Drake & Scull says hopes to resolve Lamar dispute

The builder was blamed for delays to a project on Jeddah’s corniche

Saudi central bank studying how to reschedule mortgages

The central bank issued instructions to banks on Sunday on how they should reschedule the consumer loans

Revealed: World’s 10 ‘best’ countries, Saudi in top 30

Saudi lawyer calls on kingdom to enact its own JASTA

The controversial US bill allowing families of 9/11 victims to sue Saudi Arabia was made law last week

Saudi Binladin receives new funds to pay workers

Binladin is said to have finished paying months of back pay to 70,000 workers

Saudi ‘keen’ for oil market stability – cabinet

Saudi is “ready to participate in any collective action” to achieve this goal, the cabinet said

Saudi Electric to seek private investment for 5,400MW of projects

The projects may be executed in phases

Saudi government offers extended, unified licences to telecoms firms

The move is expected to shake up the fixed services market dominated by Saudi Telecom

Quran complex denies Saudi Oger contract renewal after 1,300 dismissed

Local media reports suggested the company had won a new contract to run the King Fahd Holy Quran Printing Complex for the next five years

Saudi government workers can now be fired

New reforms introduced by the Ministry of Civil Service mean government workers will not be guaranteed pay rises and can be dismissed

Saudi-led coalition to target Houthi forces after UAE ship attack

The civilian logistics ship was attacked by Houthi fighters off Yemen’s southern coast on Saturday

Saudi central bank orders rescheduling of consumer loans

The central bank said it wanted to support borrowers whose incomes had been reduced due to government spending cuts

Saudi’s Kingdom Holding sells Four Seasons Toronto for $171.8m

The property was sold to family investment vehicles related to Pakistani-American Shahid Khan

Saudi visa fees increase comes into effect

New rules will affect religious tourists and business travellers, but will exclude pilgrims

Saudi Central Bank asks lenders to reschedule government worker loans

The cabinet announced this week that it would slash ministers’ salaries by 20 per cent and reduce a range of allowances

Saudi riyal falls, bond may be delayed after US 9/11 vote

Some analysts have speculated that trade and investment ties between Saudi Arabia and the United States could be hurt

Hundreds of Saudi Oger workers fly home with unpaid dues

The Pakistanis are among thousands of workers owed back pay by the troubled construction firm

US Congress rejects Obama veto, Saudi 9/11 bill becomes law

The vote was a blow to Obama as well as to Saudi Arabia, one of the United States’ longest-standing allies

Saudi women call on government to end male guardianship system

A petition signed by 14,700 people will be handed to the government demanding that women be allowed responsible for their own acts

1,300 Saudi Oger workers cut at Quran printing complex

Oger has been hit by financial difficulties, with some workers going unpaid for months

Saudi ministerial salary cuts to save $15m over four years

Saudi unveiled extensive cuts to ministerial and Shoura Council salaries and perks on Monday

Stations on Saudi’s Haramain line to open in 2017

The $14bn project is due to be completed by the end of next year

Saudi Arabia reduces ministers’ pay, cuts public sector bonuses

Saudi Arabia racked up a record budget deficit of nearly $100bn last year, forcing it to find new savings

Saudi Arabia’s central bank to inject $5.3bn to boost financial stability

The central bank has been battling to slow the rise in money rates since early this year