The kingdom is expected to raise at least $10bn as it seeks to tackle its burgeoning fiscal deficit
Saudi government offers property developers partnership deals to address a shortage of affordable housing
The tax will be equivalent to 2.5 per cent of the value of the land held
The fund said an additional substantial deficit reduction effort is required in the region
The properties will be located close to the King Abdullah Financial District
The two countries are among the top markets for new retail development, according to the consultancy A.T. Kearney
The organisation pulled back its growth predictions due to lower than expected oil prices
Untaxed salaries are deemed to be one of the country’s main attractions for foreign workers
Vision aims to boost sector by 18 per cent over the next 14 years
It is generally considered illegal for women to travel alone in the conservative kingdom
Riyadh-based academic believes rock engravings in Colorado prove Arabs reached America first
Key elements of the NTP, including 500 projects and initiatives, were revealed yesterday
The move comes after protests from GCC countries, with a review of cases due to take place
A detailed outline of the kingdom’s economic reforms is expected to be revealed this week
Companies in the industry must ensure half of their workforce is Saudi by Ramadan and 100 per cent by early September
Kingdom’s stock market fell sharply on Sunday ahead of sweeping reforms
The first day of the holy month is expected to begin on Monday
Workers reportedly protested outside Saudi Binladin’s offices again this week following non-payment of their dues
The kingdom’s Public Investment Fund contributed the lion’s share of the tech companies recent $5bn funding round
To be operational in 2020, the facility will create 2,000 jobs in the kingdom
The kingdom is said to have been encouraged by Qatar’s record issue last week
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