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Saudi Arabia

Two dead in attack in Saudi’s eastern province

The four men – including three “wanted terrorists” were reportedly attempting to flee the kingdom

Saudi banks to see double-digit asset growth by early 2020 – Samba CEO

Government plans to diversify its oil-based economy are expected to boost lending

Two US citizens detained in Saudi – report

US officials said they are in talks with the Saudi government about the detainees

Saudi plans to invite bids for nuclear power project in 2020

The world’s top oil exporter wants to diversify its energy mix

Saudi energy minister discusses oil market stability with Nigerian president

The leaders discussed “ways of cooperating in the fields of energy and industry”

Saudi investment firm buys Australian farmland, sheep

SALIC, an arm of Saudi’s Public Investment Fund, made its first acquisition in Australia

Saudi grants fixed-line telecoms licence to ITC

So far Saudi Telecom Company has been the sole provider of fixed-line services in the country

Pictures: Snow in Saudi mountains, thunderstorms forecast in parts of the country

The Al Luz mountains in Tabuk witnessed heavy spring snowfall earlier this week

Saudi pledges $1bn for Iraq at start of economic visit

A delegation including the Saudi energy and investment ministers arrived in Iraq on Wednesday

Saudi King Salman to visit Bahrain

Saudi Arabia, along with Kuwait and the UAE, pledged $10bn in financial aid to Bahrain last year

Five injured, property damaged after Saudi intercepts two drones fired by Houthis

The drones were fired at the Saudi city of Khamis Mushait on Tuesday night

Saudi authorities use satellites to nab robbers accused of stealing SAR850,000

The accused were involved in an armed robbery in the Saudi capital

Saudi Aramco eclipses top earner Apple as world’s most profitable company

The financial disclosure came ahead of a planned bond deal, Aramco’s inaugural transaction in international markets

Saudi ban on Boeing MAX flights to continue for near future – minister

State airline flyadeal is potentially reconsidering a $5.9bn order for the jets

Video: Saudi Crown Prince inaugurates first Hawk jet aircraft assembled locally

A team mainly comprised of Saudi youth are assembling 22 Hawk aircraft following more than two years of international training

Saudia starts second phase of domestic flights from new Jeddah airport

The airline will soon start operating all domestic arrival and departure flight services from the new airport

Saudi Aramco gets first credit rating ahead of bond debut

Aramco intends to issue its first U.S. dollar-denominated bonds, expected to be for at least $10bn, in the second quarter

Saudi economy expands in Q4 on boost from crude; non-oil growth slows

Fourth-quarter gross domestic product grew by 3.59 per cent from a year earlier

Saudi Arabia to raise around $31bn in debt this year

Saudi Arabia has borrowed extensively over the past few years to refill state coffers depleted by a drop in oil prices

Saudi’s Kingdom Holding to invest Careem proceeds in Europe, Saudi – CEO

Uber acquired Careem this week in a $3.1bn deal

Saudi’s SABIC sticking with growth plans, will discuss synergies with Aramco

Saudi Aramco has agreed to buy a 70 per cent stake in SABIC for $69.1bn

Saudi Aramco to meet investors next week ahead of debut dollar bond – sources

The bond will help the world’s largest oil producer fund the $69.1bn purchase of a stake in SABIC

Working women in Saudi Arabia given SAR800 monthly transport assistance

The financial assistance is part of the Saudi Human Resourced Development Fund’s Wusul programme

Saudi announces new cultural vision, including residency for international artists

The vision also includes plans for art prizes, scholarship programmes and a culture fund to support artists

Saudi Aramco to buy SABIC in $69bn chemicals mega-deal

Aramco will buy a 70 per cent stake in SABIC, in what is one of the biggest deals in the global chemical industry

US approves secret nuclear power work for Saudi Arabia

The kingdom has previously stated it aims to build at least two nuclear power plants

Saudi’s Al Tayyar aims to double online booking sales by end-2020

The kingdom’s largest travel company seeks to capitalise on a rapidly growing tourism market, and invest heavily in technology

Saudi Arabia extends domestic debt curve with new sukuk issue

The kingdom sold $1.62bn in local currency debt, with maturities of 10 and 15 years

Saudi Aramco building global gas business to cut carbon footprint

CEO Amin Nasser said the oil giant is building “an energy bridge” between Saudi Arabia and China

Saudi beats Russia to top spot among China crude oil suppliers in February, according to customs

Supplies from Saudi Arabia to China reached 5.95 million tonnes, or about 1.552 million bpd, data from Chinese customs showed