The Public Investment Fund is raising about $15bn from a group of international banks to finance new investments
The site will focus on food, news, travel and local culture in Riyadh and Jeddah – with expansion to more cities towards Q4 2021
Operations under the new name and structure are planned to start on April 1, 2021
The military projectile, launched from Yemen, fell on a public street in the Saudi city
Saudi Arabia said that the US intelligence committee report, which believed that the crown prince was responsible for Khashoggi murder, contained “inaccurate information and conclusions”
The kingdom also intercepted and destroyed six armed drones targeting the southern region, Jazan and Khamis Mushait
Soudah Development will build 2,700 hotel rooms and 1,300 homes in an area that includes Soudah, the tallest peak in Saudi Arabia
The procedure to treat appendicitis was undertaken at King Faisal Specialist Hospital in Riyadh
The kingdom is planning a two-part, benchmark-sized deal with a three-year and nine-year offering
Yamani represented four Saudi kings at the Organization of Petroleum Exporting Countries
Passengers arriving from the green list are exempt from mandatory quarantine measures
Saudi Arabia has been seeing many incidents of snowfall this year
BCG says earnings could shrink by -2.1% annually between 2019 and 2024
Saudi female applicants must be between 21 and 40 years old, have a height of 155 cm or taller, and must not be a government employee
A $550m cash infusion led by Saudi Arabia’s Public Investment Fund in 2019 valued the company at about $2bn
Other GCC countries including the UAE, Kuwait and Bahrain have already approved the use of the Oxford-AstraZeneca vaccine
The project, built at a cost of SAR382m, has the capacity to handle more than 10,000 flights per year
This is the third armed drone attack targeting Abha airport in recent days
The appetite for tech firms has been increasing among Gulf investors as governments in the region step up efforts to steer their economies away from oil
The new decision, which does not apply to private sector firms, will take effect from January 1, 2024
Two drones were launched towards Khamis Mushait on Sunday, and a third was destroyed on Monday morning
Visa card for use at point of sale, e-commerce and ATM withdrawals
FlexxPay is currently available in the UAE and Saudi Arabia, and will be launched in Bahrain next month
The restrictions were initially put in place on February 4 for a period of 10 days
An attack at Abha International Airport on Wednesday, February 10, resulted in a civilian plane catching fire
The resumption of ties with Qatar by Saudi Arabia, the UAE, Bahrain and Egypt will boost the regional economy with certain sectors set to witness a significant impact
Upon completion in 2030, the Red Sea project will comprise 50 resorts, offering up to 8,000 hotel rooms
The Saudi-led coalition blamed the Houthis for the attack
Saudi Arabia was hit hard last year as a drop in crude prices decimated government revenue while measures to stop the spread of the coronavirus limited economic activity
Some of the changes will aid women in particular