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Revealed: Top 10 Richest Arabs In The World

Saudi billionaire Prince Alwaleed tops the 2015 of the top 100 richest Arabs in the world as compiled by Forbes Middle East.

Saudi’s Almarai Q1 Profit Gains 12% On Higher Sales

The firm made a profit of SAR306.5 million ($81.7 million) during the first quarter of 2015.

Saudi Poultry Firm Al Watania Plans Stock Market Float – Sources

Bankers will make formal presentations to the company this month and Al Watania will decide on who will advise it on its Saudi listing by May.

Louis Berger Inks $100m Deal To Develop Madinah’s Public Transport System

The firm will act as the programme management office consultant (PMOC) for the public transportation project that aims to ease congestion.

Saudi Request For Help In Yemen Puts Pakistani PM In A Bind

Joining the Saudi-led coalition could inflame a sectarian conflict in Pakistan, where around a fifth of the population is Shi’ite.

Oil Up More Than $1 After Saudis Raise Prices To Asia

Brent regained ground after tumbling up to five per cent on Thursday, when a preliminary nuclear deal was reached between world powers and Iran.

Saudi Policeman Killed During Raid In Oil-Rich Eastern Province

Police officers were carrying out a search against “terrorist elements” and retrieved automatic weapons, pistols and communication equipment.

Red Cross Gets Approval From Saudi-Led Coalition For Yemen Aid

The aid agency has been negotiating for nearly a week to deliver life-saving supplies and equipment to Yemen.

Yemen’s Houthis Ready For Talks If Saudi-Led Air Strikes Stop

Warplanes and ships from a Saudi-led coalition have been bombing the Houthi forces for 11 days.

Saudi Non-Oil Business Growth Hits 6-Month High In March

The Saudi government has continued spending heavily on economic development and welfare projects despite the plunge of oil prices since last June.

UAE Fighter Jets Launch Airstrikes In Yemen Following Death Of Saudi Soldier

UAE fighter jets struck a surface-to-air missile base and a radar site in Marib.

Public Saudi Welcome For Iran Nuclear Deal Masks Private Unease

Arab leaders have been alarmed by Tehran’s drive to expand its influence and tighten its grip through allied forces and militias on Arab states.

Saudi Ambassador To US Says No ‘Formal’ Ground Troops In Aden

Sending troops in the future remains a possibility, he said.

Saudi Bank Aljazira Names Advisers For $800m Rights Issue

The rights issue will be used to strengthen its capital base and finance its activities, the bank said.

US Ready To Provide Aerial Refueling To Saudi Arabia

A senior U.S. military official said the US was helping Saudi keep an eye on Houthi forces and monitor the Saudi border with Yemen.

Senegal President Asks Saudi-Based IDB To Help Organise Sukuk Bond

Senegal aims to issue between $500 million and $1 billion in debt on international markets this year.

Saudi-Led Coalition Airdrops Arms To Aden Forces

The light weapons, telecommunications equipment and rocket-propelled grenades were dropped over Tawahi.

Potential Loopholes Could Limit Impact Of Saudi Land Tax

One area of uncertainty is the minimum size of land to be taxed, and whether the tax will apply only to completely undeveloped land.

GCC Rail Project: Less Chug, More Sputter

Uncomfortably close to the 2018 completion date, the GCC rail project is swamped by delays and challenges.

Saudi Border Guard Killed By Gunfire From Yemen – SPA Agency

Corporal Salman Ali Yahya al-Maliki was killed in the border province of Asir.

Video, Pictures: Sandstorm In UAE, Saudi Arabia

Air traffic disruptions have been confirmed in Dubai and parts of Saudi Arabia.

Houthis Say Saudi Arabia Trying To Split Them From Ex-President

The Iran-allied Houthi militia has weathered seven days of Saudi-led air strikes and continued to advance on several fronts, with support from army units loyal to Saleh.

Stock News: Stronger Oil Supports Saudi; Hollywood Deal Lifts Dubai

Brent crude oil futures reversed early losses to rally to $55.50 barrel.

Saudi Ma’aden Restarts Ammonia Plant After Brief Shutdown

There was no impact on production of diammonium phosphate, a fertiliser for which ammonia is a feedstock, Ma’aden said.

Saudi Arabia’s TAQA Sets Up Firm With Norway’s Archer

The new firm will provide wireline and mechanical intervention services for oil and gas wells.

Saudi Arabia’s Jeddah Metro Seen Operating By 2020 -Official

The metro would be 149 kilometres long with 20 kilometres of the line laid out underground, an official said.

Saudi Butanol Co Says Plant To Start Trial Operations In Q3 2015

Testing of the plant’s performance will take between three and six months, the company said.

Saudi Arabia Says No “Automatic” Ground Offensive In Yemen

Six days of air strikes have targeted Houthi-held military hardware but have so far failed to eject the militia from cities it holds.

Iran Says Could Cooperate With Saudi To Solve Yemen Crisis

Iran’s deputy foreign minister Hossein Amir Abdollahian said that Tehran has a proposal to end the conflict in Yemen.

Yemen Minister Calls For Arab Ground Push “As Soon As Possible”

A Saudi-led coalition has bombed Iran-allied Houthi fighters and army units fighting against President Abd-Rabbu Mansour Hadi.