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Saudi Arabia

Five luxury homes you can buy for $1m

Property site Lamudi lists five properties in emerging markets around the world that have a price tag of around $1 million.

Saudi Arabia advertises for eight new executioners

No special qualifications are needed for the jobs whose main role is “executing a judgement of death” and to perform amputations on those convicted of lesser offences, an advert showed.

Saudi Arabian Airlines fined $1.6m for breaking EU aviation law

The airline was fined by the Belgian government for breaching EU carbon emissions rule.

Saudi Arabia’s March oil exports highest in over 9 years – data

The country shipped 7.898 million barrels per day (bpd) of crude in March, up from 7.350 million bpd in February and 7.474 million bpd in January.

Saudi-led air strikes hit Yemen’s Aden after truce expires

Bombings struck the rebel-held presidential palace in Aden’s downtown area.

Saudi-led alliance resumes air strikes on Yemen as ceasefire ends

Explosions could be heard near Aden’s airport and the districts of Khor Maksar and Crater, a witness said.

UN Yemen envoy calls for truce to be extended for five days

The five-day humanitarian truce began on Tuesday to distribute aid to the millions deprived of food, fuel and medicine by weeks of fighting.

Saudi PetroRabigh restarts vacuum distillation unit after unscheduled maintenance

The maintenance will cost the company around SAR100 million, which will be reflected in second-quarter results.

Saudi man gets life in US prison in Africa embassy bombings case

Khalid al-Fawwaz was not charged with planning or participating in the attacks, which killed 224 people and injured more than 4,000.

Saudi Regulator Approves Fourth IPO This Year

Arabian Contracting Services Co will offer investors 16.5 million shares representing 30 per cent of its capital.

Saudi Arabia Regulator Refers Mobily Case To Public Prosecution

The Capital Market Authority launched an investigation into the firm in November after Mobily restated a year and a half of its earnings.

Saudi King Allocates SAR1bn For Yemen Relief Centre

The money would be in addition to another SAR1 billion the monarch had pledged, Al Arabiya said.

Iran Says Saudi-Led Forces Cannot Inspect Yemen-Bound Ship

A military coalition led by Saudi Arabia has imposed inspections on all ships entering Yemen.

Saudi Arabia Regulator Suspends Trade In Mobily Shares

The regulator has asked the telecommunications operator to clarify information related to one of its businesses.

Yemen Truce Starts After Shelling, Iran Sends Cargo Ship

The five-day humanitarian truce in Yemen came into effect at 11 pm on Tuesday.

Obama To Meet With Saudi Crown Prince, Deputy In Oval Office On Wednesday

Obama’s summit with the GCC countries begins Wednesday evening and continues on Thursday.

Saudi Foreign Minister Says US-GCC Summit To Focus On “Aggressive” Iran

Adel al-Jubeir said the summit would focus on conflicts in Syria and Iraq and also on the fighting in Yemen.

Saudi, Alcoa Aluminium Smelter Production To Top Initial Target This Year

Ma’aden, the Gulf’s largest miner, is currently exporting around 70 to 80 per cent of the smelter’s production.

Saudi Aramco Reiterates It Will Spend To Retain Leading Oil Position

The oil giant has completed a massive investment programme which took its output capacity up to 12 million bpd.

Saudi-Led Air Strikes Hit Yemen Capital Hours Before Ceasefire

Residents said three air strikes hit a base for army units loyal to the Houthis in the north of the capital.

Saudi Arabia’s April Crude Output Hits Record High

The Kingdom pumped 10.308 million barrels of oil per day in April, compared to 10.29 million bpd in March.

Saudi Aramco Discovered Eight New Oil And Gas Fields In 2014

The company did not give figures on estimated reserves or production rates for the new fields.

King’s Absence From US Summit Shows Saudi Displeasure Over Iran Push

Analysts and diplomats in the Middle East described King Salman’s decision to skip the meeting at Camp David this week as a snub.

Saudi Market Regulator Studying REIT Listing Rules

If introduced in the Kingdom, REITs would offer tax benefits, especially for foreign investors.

Saudi King Salman Phoned Obama, Discussed Summit, Yemen

King Salman has nominated Crown Prince Mohammed bin Nayef to attend the summit in Washington and Camp David, Maryland.

Moroccan F-16 Jet From Saudi-Led Coalition Crashes In Yemen

Yemen’s Houthi militia said tribesmen shot down the aircraft.

Saudi, Kuwait To Shut Joint Oilfield For Two Weeks

Total production from the Wafra onshore oilfield is around 190,000 barrels per day.

Heavy Bombing On Yemen Border Area By Saudi Forces And Houthis

Saudi Arabia has offered a five-day ceasefire starting on Tuesday evening to allow delivery of humanitarian supplies into the country.

Saudi’s Alkhabeer Capital Targets Islamic Endowment Business

The firm has launched an advisory service for structuring and managing the assets of the Islamic charitable foundations known as awqaf.

Moroccan F-16 jet From Saudi-Led Coalition In Yemen Goes Missing

The pilot of a second jet in the same squadron could not see if the pilot had ejected from the jet.