Home next GCC next Saudi Arabia

Saudi Arabia

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

Saudi economy avoids crisis but outlook remains murky

It is not clear whether the government can continue cutting its deficit rapidly without pushing the country into recession

New Saudi punctuality system increases staff attendance to 55.5%

The fingerprint registration system led to protests from workers last month

Saudi graduates angered over university officials handing roles to relatives

In one incident eight relatives of a university president have been employed at the institution

Saudi Arabia appoints new minister of finance

Alassaf had been the last veteran member of cabinet to remain in a key post through a series of government reshuffles

Nearly 500 expat workers denied contract renewal at Saudi university

The Ministry of Civil Service has reportedly refused to renew the contracts of a significant number of staff

Saudi police foil ISIL plot to bomb UAE football match

ISIL leader Abu Bakr Al Baghdadi has called for attacks against Saudi Arabia

Saudi central bank foreign assets shrink $7.4bn in September

The decrease saw assets hit their lowest level since January 2012

Saudi Aramco confirms former employee took bribe in Embraer plane deal

The statement came three days after Embraer said it would pay a $205.5m fine to settle an investigation by US and Brazilian authorities

Yemen’s Houthis launch missile towards Makkah, coalition says

The Houthi rebels claimed the missile was aimed at King Abdulaziz International Airport in Jeddah

Bound by business: Saudi, the US and UK

While the US and UK might not share cultural values with Saudi Arabia, their trade links have ensured a solid and prosperous relationship

US pre-clearance coming to Jeddah, Riyadh airports

The facilities will speed up entry to the country for passengers upon arrival in the US

GCC states must cut spending further, impose VAT to cope with low oil - IMF

Saudi finance minister says IMF’s growth forecast “reasonable”

Growth has slowed sharply this year as low oil prices strained the budget

Saudi women call for cut to domestic worker wages

Families in the kingdom are being encouraged to pay maids less than the standardised wage