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New terminal with A380-size runway opens in Madinah airport

The terminal will be spread across three floors and includes an extended and widened runway

Saudi says ISIL supporter killed in fire exchange with police

The 32-year-old militant had been jailed in the past for six years on criminal charges

Saudi-led air strikes on Yemen cities kill 16 – Houthis

The United Nations last week designated the Yemen war as a Level 3 humanitarian crisis, its most severe category

ISIL weaves web of support in Gulf Arab states

Kuwait attack has raised concerns about the number of young Saudi men willing to travel to attack Shi’ites in smaller Gulf countries, taking advantage of the visa-free travel

Saudi economy accelerates in Q1, may not be sustained

Gross domestic product, adjusted for inflation, grew 2.4 per cent from a year earlier in the first quarter

Saudi’s Alwaleed to give $32bn to charity in coming years

Prince Alwaleed said some of the donated wealth will include his personal stake in his investment firm Kingdom Holding

Saudi government acquires stake in Virgin Mobile’s local operations

Virgin Mobile said the investment would be used to grow its regional operations

Saudi central bank May net foreign reserves drop 1% to $672bn

Assets dropped by 8.1 per cent from a year earlier to their lowest level since April 2013, central bank data showed

Saudi regulator maintains Mobily shares halt until restated financials disclosed

Mobily shares have been suspended since June, when the market regulator halted trading until the operator disclosed the financial impact of an investigation into its accounts.

Saudi’s Almarai gets final $210.6m bakery fire compensation

The Saudi Arabian company had already received SAR 250m from Arabian Shield Cooperative Insurance Co in late March

Saudi’s Mobily to reissue 2014, Q1 2015 results after regulator probe

The company made the statement after a team appointed by the Capital Market Authority identified concerns over Mobily’s contracts with customers

Saudi-led jets bomb Yemen as Hadi government rejects new talks

Talks in Geneva last week ended without a resolution to the conflict, which has claimed more than 2,800 lives

French group to invest at least $150m in Saudi’s Kingdom Holding

Aeroports de Paris, insurer AXA and construction group Eiffage are among the companies in the consortium led by France’s Caisse des Depots (CDC).

Saudi investor’s Ethiopian farms to raise coffee, tea output

Horizon Plantations and Ethio Agri-CEFT plans to more than double its coffee production and expand tea output.

France, Saudi Arabia seeking to sign deals worth $12bn

The countries set up a joint committee in May to finalise some 20 projects across sectors ranging from defence to transport infrastructure

Saudi Yasref refinery reaches full capacity milestone

The refinery is now processing crude at full capacity of 400,000 barrels per day

Saudi Arabia loses spot as top crude supplier to India, China in May

The kingdom fell behind Nigeria for Indian supplies and lost out to Russia and Angola for crude supplies to China

Saudi carrier takes 50 Airbus planes in Islamic leasing deal

Dubai-based International Airfinance Corporation will buy the aircraft and lease them to Saudi Arabian Airlines

Russia’s Lukoil says Saudi Aramco wants to raise stake in Luksar

Luksar is a joint venture between Aramco and Russia’s Lukoil

Accor opens 15th Saudi hotel, Suite Novotel Riyadh Dyar

The new midscale property is the French group’s fifth hotel in Riyadh

Saudi satire star Nasser Al Qasabi receives death threats from ISIL

His comedy show ‘Selfie’ which debuted last week on MBC, has won praise for daring to mock the hardline militant group

Saudi Aramco may shut Jeddah refinery in several years

The refinery, which started operating in 1967, serves much of the country’s western region

Oil price fall not slowing growth in UAE, Saudi –report

Both countries have recorded growth in new business orders and have seen a rise in output, a report says

Saudis say to jointly invest up to $10bn with Russian fund

No details have been disclosed as yet about where or when the joint investments would be made

Saudi Arabia, Russia sign nuclear power cooperation deal

The King Abdullah City for Atomic and Renewable Energy announced the cooperation deal on its website

Saudi Arabia’s crude oil exports slip in April

Exports fell to 7.737 million bpd from 7.898 million in March when they hit their highest levels in almost a decade

Saudi warns citizens against sharing “faked” documents after Wikileaks release

WikiLeaks published more than 60,000 documents on Friday it says are secret Saudi diplomatic communications

Anger over Arab wars fuels jihadi threat in Saudi Arabia

A total of 2,284 Saudis have joined militant groups in Syria since the conflict began in 2011

Russia, Saudi Arabia to discuss broad oil cooperation agreement

The talks follow OPEC’s meeting on June 5 in which the group kept its output policy unchanged

Bahrain says seizes explosives intended for use in Saudi Arabia

The police chief said the seizure was made possible by information arising from the capture in May of a vehicle containing similar explosives