Home next GCC next Saudi Arabia

Saudi Arabia

Saudi Arabia

Saudi bans citizens from travelling to Indonesia over Covid-19 concerns

It urged its citizens in Indonesia to exercise caution and to return to the kingdom at the earliest

Saudi Aramco

Saudi Aramco confirms data leak after reported cyber ransom

The state-owned driller was reportedly offered the chance to have the data deleted for $50m in cryptocurrency

Saudi Aramco

Saudis’ Motiva eyes revival of multibillion-dollar plastics plan

The value of the original project was estimated at $6.6 billion in 2018

Saudi arabia riyadh

Saudi Arabia to extend visa validity of expats stranded abroad until August 31

It will be extended automatically and at no additional cost to the visa holders

Heatwaves ease for second pandemic-era Hajj pilgrimage

Saudi Arabia is only allowing access to the holy sites for 60,000 nationals and residents who have been vaccinated and don’t suffer chronic diseases

Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed makes official Saudi visit

He met with Saudi Crown Prince Mohammed bin Salman on Monday

Covid-19: Saudi citizens will need to be fully vaccinated to travel outside the country from Aug 9

The only exemptions include children aged under 12 and those who have recovered from Covid-19 less than six months prior to the date of travel

McLaren gets $760m from investors including Saudi wealth fund PIF

McLaren, controlled by Bahrain’s Mumtalakat, has been hit by the pandemic

OPEC+ resolves deadlock, agrees on deal to boost oil output from August

The agreement means the cartel will boost output by 400,000 barrels a day each month from August

In pics: Pilgrims arrive in Makkah for Hajj amidst strict Covid-19 guidelines

The pilgrimage will be restricted to 60,000 Saudi residents and citizens this year

OPEC+ to meet on Sunday to discuss oil output deal

If there is a deal on Sunday, it is unclear how quickly additional supplies can be delivered to the market

Fitch lifts Saudi Arabia’s outlook to stable as oil gives boost

The ratings agency expects the Saudi budget deficit to narrow to 3.3 per cent of GDP this year

Saudi Arabia’s vaccination rate spikes as deadline approaches

From August 1, vaccination will be required to enter government or private entities, educational facilities, malls and any entertainment or sporting activity

OPEC+ yet to reach an agreement on oil output deal – UAE

The UAE’s energy ministry issued a statement acknowledging that talks are underway

Saudi automotive startup Speero closes $1.8m pre-series A funding round

Launched in 2017, Speero is a digital platform for automotive after-sales

Saudi Aramco is said to pick JPMorgan, Goldman for gas pipeline deal

The state energy giant is preparing to gauge interest in the assets from potential investors

Oman’s Sultan Haitham arrives in Saudi in first foreign visit

The two countries are signing agreements in a slew of fields including commerce, culture, investment promotion and post and transport

Dubai’s Foundation Holdings boosts Saudi healthcare portfolio

The healthcare and education investment firm acquired 51 per cent of Shifa Al Munthaza Polyclinic

Oman’s ruler Sultan Haitham to visit Saudi in first official foreign trip

Sultan Haitham will meet with King Salman during his two-day visit on Sunday and Monday

Saudi confirms Eid Al Adha date

Sunday, July 11, is the first day of the month of Dhu Al Hijjah

Saudi sets upper limit for gasoline prices as oil prices climb

The decision was made to “decrease the burden of living costs on citizens and residents”

Saudi’s Tourism Development Fund deploys Oracle Cloud to automate processes

The implementation is designed to drive automation and integration of TDF’s core functions including banking, finance, HR and procurement

Saudi Aramco makes second highest profit on surging oil prices

Saudi Aramco to sell more assets in multi-billion dollar push

Aramco raised $12.4bn by selling leasing rights over oil pipelines to a US-led group of investors in April

coronavirus saudi arabia

Saudis may work longer, pay more to fill pension fund gap

The average Saudi life expectancy is 75 years, and the official retirement age is about 60 for men and women

Saudi Arabia plans $147bn expansion for transport sector

Saudi officials want to turn the capital of Riyadh into a global business hub

UAE business conditions improve; employment rises

Employment rose for the first time since January and at the quickest pace in more than two years

Stuart Gulliver Aramco

Saudi Aramco appoints ex-HSBC CEO Stuart Gulliver to board

Gulliver replaces Sir Mark Moody-Stuart, who had been on the board since 2007

Saudi UAE Travel Ban

Saudi Arabia indefinitely suspends travel to UAE, Vietnam and Ethiopia

All passenger flights between the kingdom and these countries will be suspended starting 11pm on Sunday, July 4

Finance chief who steered Saudi Aramco through IPO to step down

The company is set to name Ziad Al-Murshed as chief financial officer, replacing Khalid al-Dabbagh

Standard Chartered opens first branch in Saudi Arabia

The move widens the services Standard Chartered can offer in the country