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Saudi Arabia

Gulf Business gears up for debut Saudi summit on 3 September

The discussions will cover key themes relevant to any business aiming to operate or expand within Saudi Arabia

Saudi Telecom Company turns to millennials for growth

The former monopoly is hoping its new brand will give it an edge in Saudi Arabia’s booming youth market

Saudi King begins international holiday, crown prince to manage affairs

Saudi King Salman appointed his nephew, Mohammed bin Nayef, as crown prince last year

Whatsapp new privacy features

Saudi society warns of $133,000 fine for harming others on social media

Warning comes as the country is ranked among the heaviest social media users in the world

Saudi Aramco to fire employees for repeat traffic violations – report

Those who accumulate more than 30 violation points in a year will be dismissed

Saudi Aramco IPO to depend on oil, stock market conditions

Saudi Arabia is expected to list 5 per cent of the state-owned oil giant by the end of 2018

Work begins on world’s largest industrial gas facility in Saudi

The $2.1bn complex will serve Saudi Aramco’s Jazan refinery and terminal

Saudi’s Kingdom says Brexit costs it $40m on AccorHotels deal

Billionaire Prince Alwaleed’s firm agreed to exchange its stake in FRHI last December

Saudi prosecutors bring charges over Grand Mosque crane disaster

At least 107 people died when a crane toppled over at Mecca’s Grand Mosque last year

Saudi Arabia’s first Snow City to open this week

The attraction will offer dramatically different conditions to the local climate

Saudi’s ageing population could impact finances, debt – S&P

Subscribers to Saudi Arabia’s generous pension system are outstripping contributions, according S&P

1,000+ mobile shops closed after violating Saudisation rules

Inspections will continue until a 100 per cent Saudisation deadline on September 2

Saudi names Qatif, Medina bombers; suspects arrested

Twelve Pakistanis and seven Saudis have been detained in relation to the attacks

Liberty House hopes to play a role in Saudi’s new vision 2030

The global industrial group’s investment in the Middle East currently exceeds $100m

Saudi petrochem firms may seek mergers to cope with low oil prices

Mergers and acquisitions could create a number of benefits, including increased scale for businesses

Saudi stock market down 28% in H1

The all-share index closed at 6,499.88 points in the first half of the year

Saudi king vows to fight extremists with ‘iron hand’

Four security officers were killed in Monday’s attacks

Swissôtel to open 1,624-room hotel in Mecca

The Swissôtel Al Maqam is scheduled to open in September this year

UAE condemns Saudi attacks; stresses terrorists have nothing to do with Islam

The attacks in three Saudi cities including Medina on Monday left at least four people dead

Four dead as three Saudi cities including Medina hit by suicide attacks

A suicide bomber detonated a bomb at a parking lot outside the Prophet’s Mosque in Medina

Saudi accuses 32 people of spying for Iran

Saudi Arabia intercepts ballistic missile from Yemen

The missile was reportedly heading towards the city of Abha

Saudi’s first female only telecoms complex planned

The move comes as the kingdom looks to fully nationalise the telecoms sector later this year

Suspected suicide attack near US consulate in Jeddah

The attack happened in the early hours of Monday

Saudi economic growth slowest in three years as austerity bites

The oil sector expanded 5.1 per cent while the non-oil sector shrank 0.7 per cent

Saudi tourism commission calls for 48,000 new hotel rooms

The SCTH said tourist numbers are estimated to reach 140 million by 2020

Saudi Electricity gets $1.5bn financing from China’s ICBC

The five-year funding will be used to fund part of SEC’s capital projects

$53,000 for hotel room overlooking Makkah’s Holy Kaaba

Rivalry between hotels opposite the Grand Mosque heats up during the final 10 days of Ramadan

Saudi’s newly listed L’azurde Jewellery eyes UAE, Qatar expansion

The company plans to almost double the number of its branches in the MENA by 2018

Saudi regulator forms interim committee to oversee builder MMG

MMG’s board quit last week when the CMA sentenced three of its executives to jail

Saudi ministry implements first private sector housing project

The kingdom is seeking partners to build 1.5 million homes in the coming years

Saudi in talks to develop Six Flags theme parks in kingdom

The move comes after Sheikh Mohammed announced that Dubai Parks would waive its right to exclusivity in Saudi