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Saudi Arabia Riyadh

Saudi Arabia attracts record $152m in startup funding in 2020

Saudi startup ecosystem was the fastest growing in MENA, Magnitt report shows

Help AG appoints new country director for Saudi Arabia

Help AG’s new cybersecurity operations centre to launch in Riyadh in 2021

US, UK condemn air attack on Riyadh which ‘targeted civilians’

Saudi Arabia said it had “intercepted and destroyed a hostile air target going towards Riyadh” on Saturday

Saudi’s Public Investment Fund launches 5-year strategy; assets treble to $400bn

PIF aims to grow its assets under management to over $1.07 trillion by the end of 2025

Saudi Health vaccine

Saudi Arabia acknowledges delays in receiving Pfizer-BioNTech Covid-19 vaccine

Earlier this week, the country approved vaccines made by AstraZeneca and Moderna for use in the kingdom

Prince Khaled’s KBW Ventures joins $60m financing round for cell-based seafood company

Financing deal for US-based BlueNalu is largest to date in the cell-based seafood industry

SABIC to shortlist Citi, Morgan Stanley for specialty chemicals IPO

SABIC hasn’t decided on a venue for the sale

Huawei to open largest store outside of China in Saudi Arabia

The flagship store will be located in Riyadh Front in the capital

Military projectile by Houthi hits Jazan, injures three

The procedures adopted in such cases were immediately implemented

Prince Khalid bin Abdullah bin Abdulrahman Al Saud

Dubai’s Sheikh Mohammed condoles death of Saudi Prince Khalid bin Abdullah

The Saudi prince was a high-profile thoroughbred owner-breeder

Saudi Arabia Airport

Covid-19: Saudi Arabia issues travel advisory to 12 countries – reports

The advisory comes against the background of the new strain of Covid-19 which is believed to be more contagious

Saudi Aramco seeks $7.5bn loan for pipeline investors

The discussions are occurring in parallel with the sale of a stake in a pipeline unit

SAUDI-ECONOMY-TRANSPORT-METRO

Outsourcing firm Proven to enable clients meet Saudisation goals

Saudi Arabia wants localisation of 20 per cent of 117 engineering fields by beginning of 2021

UAE has ‘no reason’ to be in conflict with Turkey, minister says

The call for Turkey to reset relations follows the end of a three-year rift with Qatar

Saudi Arabia Riyadh

UAE-based BIOS Middle East expands to Saudi Arabia with two cloud data centres

The cloud data centres built on the VMware cloud stack

Saudi Arabia aims to raise over $5bn in bond-market return

No final decision on the timing has been made

Video: Saudi Crown Prince announces car-free, zero-carbon city, ‘The Line’

Located within NEOM, the city is expected to house one million residents and create 380,000 jobs by 2030

Saudi to resume flights to Qatar after restoration of ties

Saudi Arabia will be ready to resume all international flight operations on March 31

Revealed: World’s best and worst passports for travel

The UAE ranks 16th on the 2021 Henley Passport Index

Oil steady near $50 after surging on Saudi output cut

The kingdom’s pledge comes amid more stay-at-home orders and travel restrictions to rein in a surge of infections

Umrah pilgrims advised to take Covid-19 vaccine

The kingdom’s minister of Hajj and Umrah received the Covid-19 vaccine in Jeddah

Gulf Arab states agree to restore Qatar ties, end three-year rift

Qatar’s ruler Emir Sheikh Tamim bin Hamad Al Thani landed in the kingdom to a warm embrace from the Saudi Crown Prince

Saudi Arabia

Saudi Arabia reopens airspace, land and sea borders to Qatar

It ends a blockade of Qatar by Saudi Arabia that began in 2017

Flydubai Saudi Arabia

Flydubai resumes flights between Dubai and Riyadh, Dammam

Saudi Arabia had permitted international flights to resume operations to the kingdom starting 11am on Sunday, January 3

SAUDI-HEALTH-VIRUS-TRAVEL

Saudi Arabia reopens borders, resumes international flights from January 3

Saudi Arabia enforced the entry ban on December 20, 2020

Abu Dhabi’s ADNOC Distribution to acquire 15 fuel stations in Saudi for $10m

The stations, located in the eastern region, with sites on both the highway and within communities, will be refurbished

Saudi Arabia’s ACWA Power to build wind park in Azerbaijan

Azerbaijan plans to increase the share of clean energy in electricity generation to 30 per cent over the next decade

Saudi wealth fund PIF starts private security firm

The National Security Services Company, also known as SAFE, will focus on providing a range of specialised services

SAUDI-HEALTH-VIRUS-DECONFINEMENT

Saudi extends ban on international flights, permits foreigners to leave kingdom

The kingdom had closed its air, land and sea borders a week ago over concerns about the spread of the new strain of the coronavirus

Saudi Arabia announces discovery of four new oil and gas fields

Saudi Aramco is continuing to work on determining the size and volume of discovered fields