Fahad Al Saif has become the second HSBC banker to be appointed to a government role in recent months, according to reports
New study suggests the private sector is still unattractive to Saudis despite government efforts
Plans for the crossing were revived during King Salman’s visit to Egypt in April
The measures follow an ambitious nationalisation scheme in the mobile sector beginning from next month
The company plans to open eight new stores in the kingdom by 2018
Iran has refused to sign a deal with Saudi for haj arrangements
The move is designed to reduce environmental pollution, improve the standard of taxi services and ensure the safety of passengers
Under new rules announced in March, companies in the industry must ensure half of their workforce is Saudi by Ramadan
Currently women in the country need their guardian’s permission to apply for travel documents
The joint venture agreement will help expand the kingdom’s local manufacturing sector
ACC has won the deal to build the three-tower Emaar Residences project, which includes 283 units
Media reports had hinted at the possibility of the two companies merging their petrochemicals businesses
The terminal has the capacity to handle 12 million passengers annually
As GCC countries seek to strengthen their defence capabilities, DCNS says it is ready and waiting to sign deals
Bandar Hajjar’s candidacy was endorsed by the Saudi government and the outgoing IDB president Ahmad Mohamed Ali
Late last month, Saudi announced steps to reduce its dependence on oil exports over the next 15 years
The amount will reportedly be used to cover redundancy costs for workers it is laying off, back salaries and severance costs
Petrochemical shares have given the greatest boost to Riyadh’s index over the last week
Saudi has said it might sell up to $750bn in US securities and other American assets if the bill becomes law
Shura Council members said women could be enrolled in certain areas of the Saudi military
The King Abdullah Financial District remains a construction site more than 10 years after its launch
The bank plans to grow its Turkey franchise and expand into Malaysia, Indonesia and Egypt, its chairman said
The two nations agreed to work more closely on matters of mutual interest
The US Treasury Department released information related to its debt for the first time in four decades
Saudi’s new Public Investment Fund is planned to become “the largest fund in the world by far”
The scheme has already connected 2,000 women with part-time outsourcing work
The black market trade for housemaids flourishes in the buildup to the holy month
Talks with Russia, Iran and other countries are slated to take place in Vienna on Tuesday
Study shows 90.5 per cent of young people in the kingdom believe values and ethics should be promoted on social media
Saudi market authorities recently announced an easing of foreign ownership restrictions