OPEC said its oil output fell almost 800,000 barrels per day in January to 30.81 million bpd
The US lender won approval last year to begin investment banking operations in Saudi Arabia
Under the deal reached in December, Saudi Arabia’s target production is 10.311 million bpd
The King Abdullah port is part of the King Abdullah Economic City (KAEC) in Rabigh
The two signed a deal to supply fuel oil storage capacity of 165,000 cubic metres in the Red Sea port of Ain Sokhna
Deals worth billions are anticipated to be signed during the two-day visit
Benchmark Brent crude was trading at around $62 a barrel on Monday
The Saudi Camel Club announced the new rules at the King Abdel Aziz Camel Festival
The project’s main resort will be designed by Jean Nouvel – the man behind Louvre Abu Dhabi
Jeff Bezos accused American Media Inc of trying to blackmail him due to political pressures
Turki Aldakhil, the former general manager of Al Arabiya, has been named as the kingdom’s new ambassador to the UAE
Stage shows and music performances will take place in the kingdom as part of agreements between Saudi Arabia and Egypt
The kingdom has been facing adverse weather conditions during the last few weeks
Only companies that had a higher or equal number of Saudi employees versus expats will be eligible for the reimbursement or waiver of fees
The high-speed rail line began operations in October last year
A number of global theatrical shows such as ‘Thriller’ have been planned
Saudi Arabia has been cracking down on illegal workers and residents
The investment will aim to improve access to geoscience data and reduce regulatory red tape
The announcement comes a year after the kingdom first allowed women to join the army
The 15-month corruption crackdown recovered more than $106bn through settlements
Property prices in the kingdom are anticipated to recover in the longer term with the launch of new projects
The Ministry of Justice ordered 3,683 men to pay up or face time in jail
A spotlight has recently been shone on the issue after 18-year-old Saudi woman Rahaf Mohammed fled to Thailand to escape her family
The move is part of an expansion of Nasdaq Dubai’s derivatives market
The move is aimed at preventing the misuse of the service offered to employers, who can report their absent workers
A record 1,723 falcons took part in the King Abdul Aziz Falconry Festival
Pope Francis arrived in the UAE on Tuesday in a landmark visit to the region
Israa al-Ghomgham was arrested along with her husband Mousa al-Hashim in December 2015
Mada’in Saleh in Saudi’s Al-Ula province is an archeological site featuring carvings by the Nabataean civilisation
Officials said her case could not be settled with “blood money”