Home next GCC next Saudi Arabia

Saudi Arabia

Saudi cabinet approves tourism visa for foreign travellers

It is not yet certain when the visas will become available

Saudi Arabia has deposited $334m in Jordan central bank

Saudi, Kuwait and the UAE put together a $2.5bn package in June to help shore up Jordan’s struggling economy

Saudi official denies reports of detainee torture

The public prosecution said it has prepared an indictment list and that the cases are set to be heard soon

EU states block putting Saudi Arabia on dirty-money list

Member state unanimously rejected the move to put the kingdom on the blacklist

Trump warns Saudi on oil prices as focus turns to re-election

Trump’s top priority is being re-elected in 2020 and so he is trying to eliminate all factors that could threaten a recession, writes Reuters columnist John Kemp

After Saudi king’s letter, EU states move to block dirty-money list

Saudi Arabia was among 23 nations put on a money-laundering blacklist by the EU in February

Foreigners invest over $1.5bn into Saudi stock market since start of 2019

Foreign investors have put more than $1.5bn into the Saudi market since the start of the year

Saudi market cross-listing regulations expected in Q2

There is growing interest from foreign investors ahead of Saudi’s inclusion in the FTSE Russell and MSCI’s emerging market indexes later this year

Saudi’s SAGO seeking 595,000 tonnes of hard wheat for April-June

The shipments are sought for delivery to the ports of Jeddah, Dammam and Jizan

Saudi’s Falih tells Trump ‘we are taking it easy’

US President Donald Trump Tweeted a request to oil producers on Monday to relax efforts to boost oil prices

Projects worth $133bn offered to Saudi contractors

The projects were presented at an event in Riyadh designed boost the kingdom’s contracting sector

Oil up on Saudi, Russia meeting

Saudi to boost oil exports to China with strategy shift

Saudi has been surpassed by Russia in the past three years as the top crude supplier to China

Standard Chartered gets approval to open unit in Saudi Arabia

Saudi currently has 27 banks operating in the kingdom, 15 of which are foreign banks

Saudi smartphone women Inside Riyadh's Kingdom Centre Shopping Mall

Saudi smartphone market fell 15.3% in 2018 – IDC

A reduction in government subsidies and the implementation of expat dependent taxes have all hit the market

Saudi Aramco CEO says oil industry facing ‘a crisis of perception’

The oil industry must “push back on exaggerated theories like peak oil demand”, said Amin Nasser

Saudi oil exports up 12.7% in December

The value of Saudi non-oil exports rose 11.8 per cent in December

Saudi crackdown on illegal residents, workers sees over 2.6 million arrests

The kingdom has warned of strict penalties for hiring and sheltering illegal residents

Saudi central bank governor says does not expect more bank mergers for now

Ahmed al-Kholifey said liquidity in the market was ‘strong’

Saudi telco Mobily appoints new CEO as part of Saudisation efforts

Salman Abdulaziz R. AlBadran replaces Ahmed Abou Doma, who has been in the role for two years

Saudi King pardons Egyptians detained in the kingdom

The order came with an official visit to Egypt by the king

Saudi princess appointed as kingdom’s first female ambassador to the US

Princess Reema bint Bandar bin Sultan is the daughter of a former long-time ambassador to the US

Why the GCC’s fitness industry is working up a sweat

As the regional fitness market continues to take strides, we look at some of the players disrupting the industry

Saudi signs 35 agreements with China worth $28bn

Saudi’s Crown Prince Mohammed bin Salman and China’s President Xi Jinping also discussed counter-terrorism and de-radicalisation efforts

Saudi prince’s visit won’t change China’s plans for Iran, says Xi

China is committed to forging close ties with both Saudi Arabia, and regional foe Iran

Saudi energy minister hopes oil market will balance by April

OPEC+ agreed to reduce oil supply by 1.2 million barrels per day from Jan 1 this year

Saudi minister sees deal with Kuwait to resume oil output from Neutral Zone in 2019

Production from the zone’s oilfields could add up to 500,000 bpd each to the oil output of Saudi and Kuwait

Saudi Crown Prince sees investment opportunities of over $100bn in India

Prince Mohammed said terrorism was a common concern that Saudi shared with India

Saudi Aramco discussing investments in India’s Reliance Industries – CEO

Aramco signed an agreement in April to participate in a $44bn refinery project on India’s west coast

Saudi Electricity Co to sign $4bn syndicated loan

The firm is the main electricity producer in Saudi with an 81.2 per cent indirect government ownership

Video: Indian Prime Minister Modi breaks protocol to welcome Saudi Crown Prince

Saudi is India’s top supplier of crude oil but the two countries have expanded ties beyond energy