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Saudi salaries up 4.5% in 2015 despite falling oil prices – report

Employees in the kingdom are expected to record a 5 per cent salary hike in 2016, the report by Hay Group found.

Saudi Arabia blames winds for deadly crane collapse, opens investigation

The crane which collapsed onto one of Islam’s holiest shrines in Mecca, killed 107 people on Friday

Video: At least 107 killed by falling crane at Grand Mosque in Mecca

Officials said strong wind and rains had uprooted trees and affected cranes in the area

Disagreements over scope and ownership delay Saudi solar projects

The kingdom had announced three years ago that it wanted to install 41 gigawatts of solar electricity by 2032

India in diplomatic row over rape case ahead of Modi’s Saudi visit

Two Nepal maids claim they were kidnapped, gang-raped and starved over several months at a Saudi diplomat’s home

Saudi central bank to appoint KPMG partner as deputy governor for supervision

KPMG Saudi Arabia’s managing partner Tareq al-Sadhan is leaving the company at the end of December

Indian police investigate accusation Saudi official raped Nepali maids

The two women, aged 30 and 50, told police they were raped, assaulted, starved and held hostage over several months in Delhi

IMF urges Saudi action on domestic energy prices and wage bill

The Saudi economy is forecast to keep expanding strongly this year, showing little impact from the oil price drop, according to the IMF

Saudi Aramco signs first contract to build over 8,000 homes

The development will be located 8 km southwest of Aramco’s Dhahran headquarters

Saudi Arabia crude output drops in August

Crude suppled to the market in August was at 10.18 million bpd, down by about 78,000

Saudi Arabia says seeks to balance interests of oil consumers and producers

The kingdom is encouraging investment in different energy sectors

Saudi Arabia to allow full foreign ownership in retail

The increase in foreign ownership from the present level of up to 75 per cent for retail businesses comes after tumbling oil prices have slashed government revenues

Saudis trimming expenses, slowing some projects – finance minister

Ibrahim Alassaf said the kingdom was well-prepared to cope with the plunge of crude prices

Saudis may follow UAE and cut fuel subsidies

The newspaper did not elaborate on when the government might reach a conclusion on the issue, and it did not give details of the possible reform

Coalition attacks Yemen capital after UAE, Saudi soldiers killed

WAM said the UAE air force struck a mine-making plant in the Houthi-dominated Saada province and military camps and weapon stores in the central Ibb province

Saudi Arabia satisfied with Obama’s assurances on Iran deal

Saudi King Salman met with Obama at the White House on Friday to seek more support in countering Iran

New approach to old alliance for Saudi King and Obama

Despite Saudi disappointment with Obama’s push for a nuclear deal with Iran , the U.S. role in Riyadh’s war in Yemen shows Washington remains the kingdom’s core partner

Saudis consider blanket imposition of urban land tax

In March the cabinet approved in principle the idea of taxing undeveloped land in urban areas

Saudi Arabia, U.S. near deal for two Lockheed warships

The deal, valued at well over $1bn, could be reached by the end of this year

Obama to assure Saudi king of US help to counter Iranian threat

King Salman will meet Obama on Friday as part of his first US visit since ascending to the throne in January

Saudi’s Mobily Ventures invests in Dubai-based logistics app Fetchr

The app facilitates package pick-up and delivery via a phone’s GPS coordinates

Oil price slump to start affecting Saudi banks -S&P

S&P said historical data suggested there was a clear link between non-performing loans and oil prices

Saudi Aramco fire caused by electrical short circuit, officials confirm

The blaze, which happened earlier this week, killed 10 people and injured more than 200

Saudi Telecom spending billions to cope with data traffic – CEO

STC said that it is continuing to invest in both mobile and fixed networks while modernising their IT systems

Rising oil output boosts Saudi economic growth

Gross domestic product, adjusted for inflation, expanded 3.8 per cent from a year earlier in the second quarter, accelerating from a revised 2.3 per cent in the first quarter

Saudi-led coalition air strike kills 36 Yemeni civilians -residents

Coalition spokesman Brigadier General Ahmed Asseri denied the strike had hit a civilian target

Fire at Saudi Aramco workers compound kills 10, injures more than 200

Aramco said the fire broke out in a basement of the Radium residential compound in Al Khobar

About 22% of Gulf firms say they only ‘talk about innovation’

A new survey shows that Gulf firms are not big risk takers in terms of innovation

Stock news: Saudi Arabia surges, boosted by stronger oil

Saudi’s market suffered the most from panic selling in the Gulf and is still down 12.8 per cent month-to-date

Saudi-led air strikes kill 10 people in central Yemen – officials

The war in Yemen has killed more than 4,300 people, many of them civilians