Home next GCC next Saudi Arabia

Saudi Arabia

Saudi says two pumping stations for major oil pipeline ‘attacked by drones’

The attacks caused a fire at one of the stations leading to “limited damage”

MSCI adds Saudi Arabia to emerging markets index

A total of 30 Saudi Arabian securities would be added to the index

US envoy urges response ‘short of war’ to tankers attack off UAE coast

Four commercial vessels, including two Saudi oil tankers, were sabotaged on Sunday near Fujairah

Saudi-led coalition launches airstrikes in Yemen, says many Houthis killed and wounded

The coalition has accused the Houthis of not abiding by the Stockholm agreement

Saudi, Dubai stock markets drop after tanker attacks

Two Saudi oil tankers were among vessels targeted by a “sabotage attack” off the coast of the UAE

Two Saudi oil tankers attacked near UAE waters

The attack did not lead to any casualties or an oil spill but caused significant damage to the structures of the two vessels

Japan’s JXTG says gets supplies from Saudi, others to replace Iranian oil

Iranian oil accounted for about 4 per cent to 5 per cent of Japan’s total oil supplies before the US sanctions kicked in

Saudi security forces kill 8 people in Al Qatif

The operation targeted a newly formed “terrorist cell”, officials said

Saudi Arabia’s oil exports to stay below 7 million bpd in June

Riyadh is reluctant to boost oil supply too quickly and risk a price crash and a build-up in inventories

Saudi’s Shoura Council approves new ‘green-card’ residency scheme for expats

The new ‘privileged’ iqama law will seek to provide “qualified” foreigners residency without the need for a Saudi sponsor

Saudi’s Arabian Centres prices IPO at lower end, books covered

Arabian Centres owns 19 malls, making it the leading owner and operator of shopping malls in Saudi

Saudia apologises for recurrent flight delays, assures of compensation

The airline blamed “exceptional circumstances” including bad weather conditions and technical malfunctions

Saudi appoints new head for civil aviation body GACA

The kingdom sacked the previous president of the body in January

Saudi, Russia, Qatar and Venezuela agree to freeze oil output at Jan levels

Saudi Arabia’s Taqa plans to acquire two North American firms

Taqa has allocated about $1.2bn for new investments and acquisitions in North America and the MENA region

Video: Swarms of locusts invade Saudi city

Saudi has seen locust outbreaks since the start of this year

China’s Hengli boosts Saudi oil buys as new refinery ramps up

Saudi oil exports to China averaged at 1.37 million barrels per day in the first four months this year

Saudi stock market plunges to nearly eight-month low

Oil prices weighed on Saudi’s financial and petrochemical shares

Saudi man dies as shopping centre collapses in Jeddah – report

The roof of the shopping centre in east Jeddah suddenly collapsed, killing the man who was inside

Saudi Telecom issues $1.25bn debut sukuk

Saudi Telecom’s new bonds will be listed on the Irish Stock Exchange

Saudi, UAE top destinations for overseas Filipino workers

One out of four overseas Filipino workers worked in Saudi Arabia between April and September last year

Saudi oil output may rise in June, but US may not get the extra exports it wants

Riyadh often lifts output in the hot summer months to fuel oil-fired power plants and meet rising electricity demand

Saudi says Ramadan to start on Monday, UAE moon-sighting committee to meet on Sunday

The official Ramadan moon sighting committee will meet on Sunday after the Maghreb prayer in the UAE

Jeddah-based newspaper Saudi Gazette stops print-run, goes digital-only

The Jeddah-based English language newspaper began in April 1976

Revenues boost Saudi Arabia’s Q1 budget, expenditure up 8%

Revenues were boosted by both the kingdom’s oil and non-oil sectors

Saudi-led coalition attacks air base adjoining Sanaa’s airport

The raids targeted drone maintenance sites, a communications system and locations of drone experts and operators, a Saudi official said

Saudi coast guard rescues Iranian oil ship in Red Sea

The 26-sailor crew of the ship were all rescued

Saudi wealth fund PIF plans to borrow via debt twice this year, says MD

Last year the fund raised an $11bn international syndicated loan, its first commercial borrowing

Saudi advises its citizens to leave Sri Lanka

The advice follows suicide bomb attacks on hotels and churches that killed more than 250 people on April 21

Saudi’s Flynas considering upgrading Airbus A320neo order

The airline could opt for the larger A321 model, according to its CEO

Saudi’s Falih will stick to global oil deal, pact could be extended

Saudi’s energy minister was talking to Russia’s RIA news agency