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Saudi Arabia’s sovereign fund to invest $10bn in Brazil

The two governments will form a council which will define the sectors and the timing of the investments

Saudi energy manufacturing sector to create jobs, strengthen country’s exports – report

A majority in the survey conducted felt that energy manufacturing should be a shared responsibility of the government and private sector

Saudi to allow foreign universities to open branch campuses

The decision aims to “increase competitiveness” in the kingdom’s university education system

Kuwait, Bahrain wealth funds to consider investing in Saudi Aramco IPO

Saudi Aramco is working toward an IPO that may raise $40bn

World’s largest fish and meat online retailer to create 1,000 jobs in UAE, Saudi

FreshToHome.com is among the top five e-grocers in the UAE, making over 1,000 daily deliveries

Saudis are ready to do deeper oil cuts, OPEC minister says

Nigeria is holding talks with Saudi Arabia for the supply of oil products to the African country

Responsible AI

Saudi Arabia will host global Artificial Intelligence summit in 2020

The event, slated to be held in Riyadh in March, will facilitate AI knowledge exchange

Aramco to trade on Saudi Exchange on December 11, reports Saudi media

It also reported that Saudi Arabia’s Capital Markets Authority will announce the start of the initial public offering process on Sunday

Saudi’s BinDawood picks JPMorgan, Goldman for IPO

The group operates the BinDawood and Danube supermarkets and hypermarkets

Saudi hopes tourism will provide jobs for 10% of total workforce

The kingdom aims to receive 100 million annual visitors by 2030

Saudi prince behind $450m Da Vinci also buys Kusama Pumpkins

Yayoi Kusama’s “All the Eternal Love I Have for the Pumpkins” is on view at Miami’s Institute of Contemporary Art

Indian PM Modi to meet King Salman in Saudi next week

The two sides are expected to finalise a refinery in the state of Maharashtra

Saudi’s hyperloop track project to create over 120,000 jobs – study

The study reveals plans for an R&D centre and manufacturing facility

Saudi King appoints third foreign minister in four years

Prince Faisal Al Saud, 45, was serving as the kingdom’s ambassador to Germany

Saudisation to increase in the kingdom’s public sector

Certain jobs may see up to 100 per cent localisation

Saudi Aramco pushing to complete mammoth IPO this year

The state-owned oil producer is considering making a formal announcement of the listing plan as soon as the next few weeks

Saudi levies hefty shisha tax, causes outrage among consumers

The kingdom’s 100 per cent tax on shisha ignites social media criticism

Saudi plans to issue $2.5bn sukuk

The kingdom has already raised $10.9bn of Eurobonds this year

Saudi Arabia is looking to tourism to help lower unemployment

More Saudis are joining the hospitality sector as the kingdom rolls out an ambitious drive to draw millions of tourists

Saudi mulls permitting women to perform Hajj without male guardian – report

The kingdom is studying the possibility of issuing special visit visas for women

Saudi Aramco IPO hangs on same old question: Is it worth $2 trillion?

The outlook for what could be the largest IPO ever is likely to dominate the Future Investment Initiative at the end of the month

Kuwait, Saudi evacuate citizens from Lebanon as public protests continue

Anti-government protests have been gaining momentum across Lebanon

Kuwait sees neutral zone oil pact with Saudis within 45 days

The neutral zone hasn’t produced anything since the fields were shut after spats between the two countries in 2014 and 2015

Saudi Aramco delays launch of its mega IPO

A listing of the oil giant is unlikely before December or perhaps January

Aramco’s IPO comes as Saudi markets head for even rougher waters

The Tadawul All Share Index is down 14 per cent since the end of June

Saudi’s Shoura Council calls for study on keeping expat fee unchanged in 2020

The study will look into the expatriate fee charged on companies and as well as the dependents fee that foreign nationals pay

Selling Aramco: The Wall Street A-listers on the Saudi oil giant’s IPO

A former Donald Trump national security adviser is among the list of top bankers working on the mega IPO

Saudi bus crash leaves 35 expat pilgrims dead

A private chartered bus transporting 39 Asian and Arab expatiates collided with a heavy vehicle in Madinah

Saudi Arabia venture investor considers second $500m fund

STV expects venture capital investments in Saudi Arabia alone to grow tenfold by 2025

Saudi Aramco is set to pay up to $450m in fees to IPO advisers

The payment would represent a fee of about 1 per cent on the $40bn Aramco is seeking to raise