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BP raises Saudi oil reserves 12% in first big change in 30 years

Saudi’s proved oil reserves were revised to 297.7 billion barrels at the end of 2018 from 266.2 billion a year earlier

Saudi offers Jeddah festival visitors e-visas in ‘three-minutes’

The Jeddah Season festival runs from June 8 until July 18

Saudi stocks rise for the fourth day, UAE markets retreat

The Saudi index has gained over 13 per cent year-to-date, outperforming other major Gulf peers

Saudi air defence intercepts two Houthi drones

The drones targeted the Saudi city of Khamis Mushait

Careem launches ‘affordable’ bus services in Saudi’s Jeddah

The bus service will be “60-70 per cent cheaper” than the Careem car option, says company

Saudi energy minister: Only Russia is undecided on OPEC deal extension

Russian President Vladimir Putin said last week that Russia and OPEC disagreed over what constituted a fair price for oil

Saudi energy minister says OPEC close to agreeing oil pact extension

Oil prices are up 16 per cent so far this year thanks in part to the OPEC+ deal

Search efforts intensify for Saudi trainee pilot who went missing in the Philippines

The pilot and his instructor went missing on May 17

UAE, Saudi say following developments in Sudan with ‘great concern’

The countries urged for dialogue between all Sudanese parties to ensure stability

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Saudi-led Arab coalition evacuates Iranian ship’s crew member south of Red Sea

The man, who was seriously ill, is being treated in a military hospital in Jazan

French weapons sales to Saudi jumped 50% last year

France sold about 1bn euros worth of arms to Saudi Arabia, with the main item being patrol boats

Saudi arrests over 3.2 million in continuing crackdown on illegal workers, residents

A total of 81,655 expatriates have been deported to their respective countries since November 2017

Saudi energy minister – ‘We will do what is needed to sustain market stability’

Oil prices in May sustained their worst monthly fall in six months

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UAE, Saudi confirm that Eid Al Fitr starts on Tuesday

The crescent moon was sighted on Monday evening

Saudi’s SEC apologises for power outage in the southern region, offers compensation

Electricity services were disrupted in Asir, Jazan, Najran, Al Baha and some other southwestern areas

Britain’s INEOS to invest $2bn in Saudi petrochemical complex

INEOS’ three plants would be part of a $5bn complex called Project Amiral

UAE, Saudi hit back at Qatar for its statement after Makkah summits

Qatar’s Prime Minister attended the summits at Makkah

Saudi Arabia’s central bank warns global slowdown may hit growth

The kingdom’s economy grew by 2.2 per cent in 2018, compared to a decline of 0.7 per cent in 2017

Saudi calls on Muslims to sight Eid moon on Monday

The sighting of the moon will mark the start of Eid Al Fitr

Saudi king says attacks by Iran-backed groups threaten global oil

Riyadh has accused Tehran of ordering the drone strikes on Saudi oil pumping stations

Saudi Arabia seeks Arab unity over Iran after attacks on oil assets

Riyadh accused Tehran of ordering the drone strikes

UAE’s GEMS, Hassana acquire Saudi’s largest private school operator

GEMS Education and Saudi’s Hassana plan to build a portfolio of more than 50 schools in the kingdom

Saudi expected to hike crude prices to Asia in July for third month

US sanctions on Venezuela and Iran and a Russian oil crisis have tightened sour crude supplies in Asia

Dubai’s ENOC to add 110 new petrol stations in Saudi by 2030, create 500 jobs

The new service stations will be located in different areas across the kingdom

Saudi official clarifies that public decency laws are yet to be enforced

Media reports had stated that the 10 rules took effect in the kingdom on Saturday

Saudi miner Ma’aden considers $5bn rights issue

Ma’aden is reportedly planning to use the proceeds to help it finance potential acquisitions

Saudi trainee pilot missing in Philippines, search underway

Abdullah Al-Shareef and his Filipino trainer went missing when they were flying around Occidental Mindoro island on May 17

Dubai Crown Prince meets Saudi King, Crown Prince in Makkah

The meeting comes ahead of the two emergency Arab summits called by the Saudi King in Makkah later this week

Saudi intercepts drone launched by Yemen’s Houthis towards airport

The aircraft had been targeting the airport in Jazan, close to the border with Yemen

Saudi index falls on profit taking, other markets mixed

Saudi’s stock market fell 8.6 per cent from the beginning of May until Thursday’s close