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Yemen projectile Saudi

Projectile launched from Yemen lands in Saudi’s Jazan, five civilians injured

The five civilians faced light injuries as a result of flying shrapnel and were transported to the hospital

The role of GCC banks in promoting regional economic growth

Evolution of the regional banking ecosystem has propelled economic growth in recent years, and continues to progress apace

Consulting firm AECOM bags infrastructure design project for Saudi’s NEOM

AECOM will leverage its digital capabilities to deliver the services and enable collaboration across global teams

GCC Covid-19 update: UAE registers 786 cases; 557 infections reported in Oman

The death toll in the UAE remains unchanged at 402

Myrkott Studio[2] copy

Netflix signs five-year partnership with Saudi studio Myrkott

The partnership will involve the production of new and exclusive seasons of the Masameer series

GCC Covid-19 update: UAE reports 842 cases; 536 infections registered in Oman

The death toll in the UAE has risen to 402

Saudi Telecom

Saudi Telecom said to weigh IPO for internet-services unit

Saudi Telecom is considering selling as much as 30 per cent of the unit

GCC Covid-19 update: UAE reports 674 cases, Saudi records 672 new cases, 33 deaths

The death toll in Saudi Arabia has risen to 4,338

Oil giant Aramco regains top spot from Apple as tech rally fades

Apple and Aramco are the only two companies to have achieved valuations of $2 trillion

Hajj-Saudi

Saudi set to soon resume Umrah service for domestic pilgrims – report

Those wishing to perform Umrah will reportedly require a Covid-19 negative test

Saudi carrier flynas to operate special flights between Dubai, Riyadh

The special flights between the two cities will be operated between September 17-28

Gulf International Bank to hire advisers for Dollar bond

The bonds are likely to be offered as soon as this week

Saudia

Saudi Arabia to permit residents to return from September 15; will lift all travel restrictions by January 1, 2021

International flights will be able to operate to and from the kingdom starting 6am on Tuesday, September 15

GCC Covid-19 update: UAE registers 640 cases

The total infections across the UAE have risen to 79,489

Saudi’s Marafiq gets $280m to build Jeddah sewage treatment plant

Marafiq’s shareholders include the Public Investment Fund, Saudi Arabian Oil Co. and Saudi Basic Industries Corp

BinDawood acquisition

BinDawood said to seek as much as $580m from Saudi IPO

BinDawood plans to sell 22.86 million shares through a book-building process

GCC Covid-19 update: Oman reports 11 deaths, Kuwait sees 740 new cases

The death toll in Oman has risen to 762

Saudi Binladin to hire more advisers for $15bn debt revamp

The kingdom’s top builder reached out to restructuring specialists across the Gulf to assist with reorganising the business

Turki Al Malki, Saudi coalition

Saudi forces destroy bomb-laden drones targeting ‘civilians’ in the kingdom

Attacks on the kingdom were launched on Wednesday and Thursday

GCC Covid-19 update: UAE reports 883 cases; 349 infections registered in Oman

The death toll in the UAE has risen to 393

GCC Covid-19 update: UAE registers 644 cases; 781 infections recorded in Saudi Arabia

The death toll in the UAE stands at 391

Saudi Telecom seeks to cut $2.39bn offer for Vodafone Egypt

STC had said that the offer gives the Egyptian business an enterprise value of $4.35bn

Indian-workers-Saudi

Saudi extends validity of expired residency visas for expats stuck aboard

The decision comes since international passenger flights to and from the kingdom remain suspended

Khashoggi

Khashoggi Verdict: No death penalty for accused in final Saudi ruling

Five of the men had been sentenced to death last year, but Khashoggi’s son announced in May that his family had forgiven the killers

GCC Covid-19 update: Oman registers 256 cases; 470 cases reported in UAE

The death toll in the UAE stands at 390

GCC Covid-19 update: UAE registers 513 cases; 619 infections confirmed in Kuwait

The death toll in the UAE remains unchanged at 388

Saudis reduce oil pricing in sign demand recovery is struggling

Aramco will also trim pricing for lighter barrels to northwest Europe and the Mediterranean region

AstroLabs eases business set-up in Saudi Arabia with new portal

Setupinsaudi.com lists a setup process and information on requirements

GCC Covid-19 update: UAE registers 614 cases; 900 infections confirmed in Kuwait

The infection count in the UAE has risen past 72,000

Saudi chemicals giant Sabic taps bond market for $1bn

Saudi Arabia is seeking to diversify its economy away from petroleum by building new industries