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Saudi to start fining violators of new ‘public decency’ rules

The rules cover aspects such as dressing respectfully and avoiding using phrases that might offend public decency

Saudi’s SALIC invests in AI firm Hummingbird Technologies

Hummingbird, which was set up in 2016, uses drone and artificial intelligence to provide advanced crop analytics to farmers

Most GCC stock markets fall as banking shares drop

Dubai’s index is down 7.4 per cent this month, though still up 1.3 per cent year-to-date

UAE property site Bayut expands into Saudi

The expansion follows Bayut’s acquisition of Lamudi Middle East in April

Saudi officials foil attempt to smuggle drugs in buses carrying pilgrims

Customs officials seize 184,737 captagon pills that were being smuggled in two buses

Debts of liquidated construction firm Saudi Oger exceed SAR40bn – report

The struggling construction company was liquidated two year ago

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Saudi court accepts AHAB’s bankruptcy filing, rejects liquidation

The bankruptcy filing was seen as a key test of Saudi Arabia’s new law for handling insolvency disputes

Pictures: Heavy rainfall in several parts of Saudi including Makkah

Thunderstorm alerts were issued in the Makkah, Najran and Al Baha areas

Saudi Arabia, UAE to attend US-led Palestine investment meeting in Bahrain

The event, to be held from June 25-26, has been rebuffed by Palestinian officials and business leaders

Saudi mall operator Arabian Centres falls below IPO price in first trading

Arabian Centres’ share sale was the kingdom’s third biggest since Saudi lender NCB raised $6bn in 2014

Saudi Aramco signs US LNG deal with Sempra

Aramco has been developing its own gas resources and eyeing gas assets in the United States, Russia, Australia and Africa

Yemen’s Houthis step up drone attacks on Saudi Arabia

The Houthis carried out armed drone strikes on oil assets in Saudi last week and said one of their drones hit Najran airport on Monday

Saudi cabinet affirms desire to avoid war, stabilise oil markets

The kingdom “will do everything in its power to prevent any war and its hand is always extended to peace”

Saudi consumer prices fall in April for fourth month in a row

Housing, water, electricity, gas and fuel prices were down 7.8 per cent from a year earlier

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Yemen’s Houthi drone targeted civilian facility in Saudi

The Saudi-led military coalition said a civilian facility in Najran was targeted with a drone carrying explosives

Saudi intercepts two missiles headed towards Makkah, Jeddah

The kingdom’s air defense forces destroyed the ballistic missiles over Taif

Saudi comedian summoned for insulting soldiers

Osama Salmeen will face an investigation for a video clip that allegedly insulted Saudi soldiers

Saudi fines 16 banks, including Dubai lender for ‘violations of responsible finance’

The violations related to the percentage of debt that individuals had to bear in proportion to their monthly income

Saudi imposes tax on e-cigarettes and sugary drinks

The kingdom will levy a 100 per cent tax on electronic cigarettes and products used in them, and a 50 per cent tax on sugared drinks

Trump announces 2024 Presidential run: Here's what happens next

Trump says war will be the ‘official end’ of Iran

GCC states launch ‘enhanced security patrols’ in the Arabian Gulf as tensions simmer

Saudi’s new permanent residency permit fee to exceed $200,000 – report

Last week, the Saudi cabinet approved the special residency scheme aimed at attracting wealthy and high-skilled expats

Saudi ‘does not want war, but will respond to any threat’ – minister

Adel Al Jubeir said the Iranian regime is not looking for security and stability in the region

Saudi calls for emergency meeting of GCC, Arab leaders over recent attacks

Last week, four ships were sabotaged off the UAE coast, while drones attacked oil installations in Saudi

Saudi-led coalition in Yemen carries out airstrikes in Sanaa

The alliance said it struck military bases and facilities and weapons storage sites

IMF urges Saudi to consider raising VAT rate

The IMF said the introduction of a value-added tax has been very successful, but the rate is low by global standards

Asia oil buyers, shippers go on alert after Saudi ship, facility attacks

Asia gets nearly 70 per cent of its crude oil from the Middle East

Careem launches bus service between Jeddah and Makkah

Careem will provide a direct service between the two cities for SAR25 ($6.7) each way

Saudi cabinet approves ‘green-card’-style residency scheme for foreign expats

The new scheme was approved by the Shoura Council earlier this month

Saudi’s Sipchem, Sahara to seek deals in US and Asia after merger

The new entity, Sahara International Petrochemical Company, will have combined assets worth more than SAR22bn

Goldman Sachs bought Commerzbank’s claim in Saudi’s biggest debt saga

The US investment bank bought $100m of Bahraini bank International Bank Corporation’s debt