The IMF said the introduction of a value-added tax has been very successful, but the rate is low by global standards
Asia gets nearly 70 per cent of its crude oil from the Middle East
Careem will provide a direct service between the two cities for SAR25 ($6.7) each way
The new scheme was approved by the Shoura Council earlier this month
The new entity, Sahara International Petrochemical Company, will have combined assets worth more than SAR22bn
The US investment bank bought $100m of Bahraini bank International Bank Corporation’s debt
The attacks caused a fire at one of the stations leading to “limited damage”
A total of 30 Saudi Arabian securities would be added to the index
Four commercial vessels, including two Saudi oil tankers, were sabotaged on Sunday near Fujairah
The coalition has accused the Houthis of not abiding by the Stockholm agreement
Two Saudi oil tankers were among vessels targeted by a “sabotage attack” off the coast of the UAE
The attack did not lead to any casualties or an oil spill but caused significant damage to the structures of the two vessels
Iranian oil accounted for about 4 per cent to 5 per cent of Japan’s total oil supplies before the US sanctions kicked in
The operation targeted a newly formed “terrorist cell”, officials said
Riyadh is reluctant to boost oil supply too quickly and risk a price crash and a build-up in inventories
The new ‘privileged’ iqama law will seek to provide “qualified” foreigners residency without the need for a Saudi sponsor
Arabian Centres owns 19 malls, making it the leading owner and operator of shopping malls in Saudi
The airline blamed “exceptional circumstances” including bad weather conditions and technical malfunctions
The kingdom sacked the previous president of the body in January
Taqa has allocated about $1.2bn for new investments and acquisitions in North America and the MENA region
Saudi has seen locust outbreaks since the start of this year
Saudi oil exports to China averaged at 1.37 million barrels per day in the first four months this year
Oil prices weighed on Saudi’s financial and petrochemical shares
The roof of the shopping centre in east Jeddah suddenly collapsed, killing the man who was inside
Saudi Telecom’s new bonds will be listed on the Irish Stock Exchange
One out of four overseas Filipino workers worked in Saudi Arabia between April and September last year
Riyadh often lifts output in the hot summer months to fuel oil-fired power plants and meet rising electricity demand
The official Ramadan moon sighting committee will meet on Sunday after the Maghreb prayer in the UAE
The Jeddah-based English language newspaper began in April 1976
Revenues were boosted by both the kingdom’s oil and non-oil sectors