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Saudi, China sign deal to build nuclear reactor as Xi Jinping visits Riyadh

The two countries signed 14 agreements and memoranda of understanding

IEA expects oil oversupply to continue with Iran re-entry

Organisation suggests the market could ‘drown in oversupply’

Saudi oil minister confident about price rise, but says will take time

Cooperation between market forces will help the market stabilise, said Ali al-Naimi

Two Saudi businessmen among hostages freed in Burkina Faso attack

At least 29 people were killed after an attack on a four-star hotel in Ouagadougou

Oil up on Saudi, Russia meeting

Saudi government to keep majority stake in Aramco

Analysts say the company could be worth as much as $10 trillion

Saudi riyal forwards drop to record low

Low oil prices have raised speculation that the riyal could be unpegged from the dollar

Saudi Arabia thwarts attacks, puts 532 ISIL suspects on trial

Officials said that the suspects belonged to six cells and were planning to attack security agencies and the US embassy in Riyadh

Wyndham to open four new Ramada hotels in the Middle East

The group has opened new hotels in Saudi Arabia and Jordan with two more planned for Bahrain later this year

Iran bans import of Saudi goods as tensions escalate

Saudi Arabia cut all diplomatic ties and commercial relations with Iran earlier this week

Saudi billionaire Prince Alwaleed cancels plans to invest in Iran

Prince Alwaleed also refused a meeting with the Iranian ambassador as tensions continue to grow between Saudi Arabia and Iran

Fitch rates Saudi budget as ‘positive’ but warns of future budget deficits

The agency said that the impact of economic reforms on citizens will depend on the pace and extent of their implementation

Saudi Arabia tightens security at Iraqi embassy as tensions rise

Officials say the step is just a precautionary measure

UN, US condemn attacks on Saudi embassy in Iran; Kuwait recalls ambassador

Tensions continue to mount between the Gulf states and Iran over the execution of a Shia cleric in Saudi Arabia

About 57% of UAE workers will switch sectors for career development-poll

The majority of UAE professionals value career development very highly, a new study finds

GE wins contract worth nearly $1bn for new power plant in Saudi

Under the contract, GE will provide the engineering, construction and provision of gas turbine services for the Waad Al Shamal plant

Saudi cuts diplomatic ties with Iran after embassy attack in Tehran

Iranian diplomats and staff have been asked to leave the kingdom, as a row over Saudi’s execution of a Shia cleric escalates

UAE supports Saudi after kingdom executes 47 including Shiite cleric

Those executed were found guilty of terrorism offences

Saudi to survey all healthcare facilities after deadly fire tragedy

At least 24 people were killed and over 140 injured after a massive fire engulfed the Jazan General Hospital on Thursday

At least 24 dead and 107 injured in Saudi hospital fire

Blaze broke out at the intensive care unit and the maternity department of Jazan General Hospital

Saudi king says government will diversify country’s income

Kingdom is under pressure to reduce its dependence on oil revenue

Saudi bookstore shelves Donald Trump books

Jarir Bookstore has become the latest GCC retailer to boycott the Republican candidate

Officials say $22.5bn Riyadh Metro is 26% complete

The project is progressing on schedule, confirm government officials

Saudi Arabia elections: 17 women win municipal council seats

This is the first time that women have been allowed to vote and stand as candidates in the kingdom

Saudi billionaire Prince Alwaleed calls Trump “disgrace to the US”

Alwaleed says Trump “will never win US presidential race”

Saudi Arabia thwarts attacks, puts 532 ISIL suspects on trial

Officials said that the suspects belonged to six cells and were planning to attack security agencies and the US embassy in Riyadh

Saudi Aramco chairman says no concrete plan for listing – report

Khalid al-Falih said studies for a potential IPO were ongoing

Saudi banks remain buoyant, but low oil price threat looms

Local lenders focussing on local markets have better equipped the Saudi banking sector to withstand global volatility, but it may yet be tested

Saudi property market set to drive non-oil growth

The Saudi real estate market is backed by strong fundamentals, despite recent oil price concerns

Saudi Electricity Co. signs SAR 2.5bn deal to build green power plant

The 605-megawatt Green Duba power plant will produce 43 MW of solar energy

Saudi water tariff to rise from next month -local media

The new rate for industrial, government or large company users will be SAR 9 per cubic metre, up from SAR 4 at present