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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

grand mosque

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

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

gavel

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