Home next GCC next Saudi Arabia

Saudi Arabia

Saudi’s Shoura Council approves changes to Hajj, visit and transit visas

Under the new system, pilgrims arriving for Hajj and Umrah – as well as visitors and those requiring a transit visa – will pay SAR300

Pompeo meets with Saudi Crown Prince as Trump seeks new Iran sanctions

Pompeo met with Prince Mohammed in Jeddah and discussed the need “to counter the continued threat of the Iranian regime”

Different Arab money

UAE, Saudi central banks lower interest rates after Fed cut

The UAE’s central bank lowered the repo rate and its certificates of deposit rate by a quarter percentage point

Aramco attacks had ‘zero’ impact on Saudi revenue – minister

The kingdom has used oil reserves to fill the gap during the past few days

Aramco chairman says attacks won’t derail IPO preparations

The company is ready to do it any time in the next 12 months, says chairman

Pompeo to visit Saudi, UAE this week to discuss attacks, Iran

The US secretary of state will discuss ways to “counter Iranian aggression” in the region

Saudi partially restores output at damaged oil plant, says will meet all its commitments

The Abqaiq facility will return to processing pre-attack levels of about 4.9 million barrels per day by the end of September

Saudi prepared to inject liquidity if needed: Governor

Saturday’s strikes on Aramco facilities slashed Saudi Arabia’s crude output by half

Attack on Saudi Arabia a ‘dangerous escalation’ – UAE minister

Linking the attack to developments in Yemen is totally “unacceptable”, says Anwar Gargash

Oracle to open cloud data centre hubs in the UAE, Saudi

The centres will provide regional customers access to services including its autonomous database as well as Oracle fusion applications

Chevron can resume production on Saudi-Kuwait oilfield quickly if needed – CEO

The zone can produce as much as 500,000 barrels a day but has been shuttered for at least four years

Saudi says Iranian weapons used to attack oil facilities

Saudi officials said initial findings suggest the attack was not launched from Yemen, contradicting claims by Houthi rebels

Saudi tells Asian buyers they’ll still get contracted oil supply

The attack on the kingdom’s most important oil production facility halved Saudi output

Saudi prince wins court battle to control football club Sheffield United

The UK high court ordered the British co-owner of the club to sell his 50 per cent share to Prince Abdullah Bin Mosaad

Saudi Aramco said to stick to planned IPO schedule despite major attacks

Saturday’s strikes came just days after Aramco hired banks including Goldman Sachs Group and Morgan Stanley for the IPO

Trump vows US ‘locked and loaded’ if Iran was behind Saudi attacks

“There is reason to believe that we know the culprit”, the US President said

Oil jumps most on record after Aramco attack cuts Saudi supply

State energy producer Saudi Aramco lost about 5.7 million barrels per day of output in the attack on Saturday

Saudi stocks drop as tensions surge after Aramco drone attacks

The Tadawul All Share Index fell as much as 3.1 per cent

Video: Saudi overhauls Hajj and Umrah visas ahead of tourist visa launch

The move comes as the kingdom launches PR campaign with influencers on social media

Saudi oil output cut in half after drones attack two Saudi Aramco sites

Facilities at Abqaiq and the nearby Khurais oil field were attacked early on Saturday morning

OPEC+meeting

OPEC+ meets in Abu Dhabi as concerns loom about slowing oil demand

Expected demand for OPEC crude next year of 29.4 million barrels a day is below current production of 29.7 million

Saudi Aramco is said to pick BofA, Goldman, JPMorgan for top IPO roles

CEO Amin Nasser said earlier Tuesday that Aramco is going to sell shares “very soon”

Salmon farming is coming to Saudi Arabia

Vikings Label is planning to set up the country’s first salmon farming-project with an aim to supply 5,000 tons of the fish each year by 2023

Saudi Aramco IPO is set to take place ‘very soon’, says CEO

The main exchange to list shares will be in Saudi Arabia

Saudi government contracts can no longer be awarded to foreign consultancy firms

All the government departments in the kingdom are obliged to offer contracts to Saudi consultancy offices

IMF says Saudi needs a tighter fiscal policy

The IMF also reiterated that diversifying the economy is needed to create more jobs for Saudi citizens

Over 3.7 million arrested in Saudi as crackdown on illegal workers, residents continues

The kingdom has been detaining people for residential, labour and border security regulations since November 2017

Saudi holds talks with kingdom’s richest to anchor Aramco IPO

The kingdom is aiming to raise at least 1 per cent to 2 per cent of Aramco from these investors, according to sources

Oil rises as new Saudi minister signals OPEC+ cuts to continue

Prince Abdulaziz bin Salman was appointed as the new Saudi energy minister on Saturday

Saudi awards contracts for megacity Neom’s worker housing

Tamimi Group and Saudi Arabian Trading & Construction Co. won contracts to finance, build and operate three residential areas