Home GCC Saudi Arabia

Saudi Arabia

Saudi health minister gets Covid vaccine as kingdom offers free shots

Saudi Arabia earlier this week asked citizens and residents to sign up for its vaccination programme

Saudi vaccine

Covid-19 vaccine: Saudi receives first consignment, over 150,000 register in 24 hours

The vaccine is free for citizens and residents, and the first batch will be distributed over the next three days

Bahrain-Manama

Bahrain, UAE and Saudi ranked among world’s top five Islamic finance economies

Islamic Development Bank report places Bahrain in third place globally

US-HEALTH-VIRUS vaccine Covid-19

Saudi begins registrations for free Covid-19 vaccination for citizens, residents

The vaccination process in the kingdom will be in three stages

Saudi Arabia plans spending cuts in 2021 as economy recovers

The kingdom will stick to its plan to cut spending by 7.3 per cent in 2021

Blast at Saudi Port hits oil tanker as Red Sea attacks mount

No group or country claimed responsibility for Monday’s attack

Pfizer vaccine

Saudi approves registration of Pfizer Covid-19 vaccine

The authority will analyse samples from each incoming vaccine shipment before using it to ensure its quality

Tawuniya selects SAS analytics platform to combat fraud

SAS Insurance Fraud Management to improve speed of claims settlement and fraud identification

Saudi forces destroy armed drone targeting ‘civilians’ in the kingdom

Saudi has seen a string of attacks launched by the Houthis in recent months

SAUDI-HEALTH-VIRUS-DECONFINEMENT

Saudi to soon reveal registration process for Covid-19 vaccine in the kingdom

The kingdom has signed “important contracts with companies developing the coronavirus vaccine”

Saudis raise crude price to Asia as vaccines buoy oil market

Aramco also increased pricing for light crude grades to the Mediterranean region

Oil market receives boost as OPEC+ agree to gradual output hike

Members have decided to add 500,000bpd of production to the market next month, then hold monthly meetings to decide on subsequent moves

Saudi business conditions hit 10-month high as sales, jobs climb

Business activity in Saudi Arabia grew at the fastest pace since the beginning of the year, fueled by a sharp rise in sales and strengthening sentiment

SAUDI-HEALTH-VIRUS-TRAVEL

Saudi set to announce date for complete lifting of travel restrictions

The kingdom resumed international flights from September 15 in a phased manner

Natixis replaces Saudi Arabian CEO after six months in the role

International banks have been expanding in Saudi as the country embarks on a plan to diversify its economy beyond oil

Oil extends drop as OPEC+ struggles for consensus on output plan

Oil has just capped its biggest monthly increase since May on optimism energy demand will rebound as Covid-19 vaccines are rolled out in the coming weeks

Saudi Telecom’s CEO quits after two years

A search for a successor is underway

Saudi Central Bank extends pandemic loan support into next year

The programme has helped banks avoid having to recognise credit as non-performing

GCC Covid-19 update: UAE reports 1,251 cases, 736 recoveries

The death toll in the UAE has risen to 570

How new Saudi labour reforms benefit the economy

This initiative is a win-win situation for employees as well as employers

Saudi Arabia broadens Central Bank’s mandate to promote growth

The new charter also formally changed the name of the central bank, from Saudi Arabian Monetary Authority to Saudi Central Bank

Wealth management of tomorrow: Is it human or hybrid?

The advent of disruptive technologies may prompt futurists to predict the end of the traditional wealth management model

Saudi, Abu Dhabi wealth funds team up on Egyptian drugmaker deal

Public Investment Fund and ADQ are weighing the purchase of Bausch Health’s Cairo-based drug unit

GCC leads MENA in fintech maturity: report

Abu Dhabi, Bahrain, Dubai and Riyadh named MENA’s top fintech ecosystems by Startup Genome

Oil tanker owner says ship attacked in Saudi Arabian Red Sea

The vessel, able to haul about 700,000 barrels of oil, was holed about 1 meter above the waterline

GCC Covid-19 update: UAE reports 1,297 cases, 4 deaths

The death toll in the UAE has risen to 563

Ekar extends its mobility OS to GCC third-party fleet owners

Ekar poised to add more than 5,000 cars within its app over the next six months across UAE and Saudi Arabia

sabic

SABIC is said to weigh IPO of specialty chemicals business

SABIC reported its biggest quarterly loss in at least a decade in the three months through June

Saudi Arabia dismisses reports of Crown Prince’s meeting with Israeli officials

‘No such meeting occurred’, confirmed the kingdom’s Foreign Minister

Saudi virus

Saudi to offer Covid-19 vaccine for free to citizens and residents

The ministry aims to cover 70 per cent of the country’s population – that has not yet contracted Covid-19 – by the end of 2021