#Saudi Arabia

Saudi Arabia Alula

Saudi Arabia: How AlUla’s development reverberates a message of inclusion, sustainability and culture

The ‘Journey Through Time’ Masterplan is an enormous opportunity for the local residents

Saudi Crown Prince discusses Vision 2030, reveals plan to sell Aramco stake to energy firm

The kingdom has no plans to introduce an income tax, Prince Mohammed confirmed

Saudi Arabia destroys bomb-laden boat off Yanbu in Red Sea

An investigation is ongoing

Hajj 2024

Up to 1.5 million people visit Makkah’s Grand Mosque during the first 10 days of Ramadan

Visitors are subject to strict Covid-19 precautionary protocols

How 5G is the future of eSports and gaming

With an increasing number of gamers, the eSports industry is expected to grow even more rapidly

Checkout.com leads $110m round for Saudi fintech Tamara

The company raised $6m in seed funding at the start of this year

Saudi Arabia seeks to speed privatisations to help ease deficit

Saudi Arabia raised $800m from the recent sale of two flour mills, which followed two other mill sales of $740m last year

Saudi to retain ban on 20 countries including UAE, India and UK when international flights resume in May

The kingdom will resume international flights on May 17

Revealed: Top 100 most powerful Arabs 2021

This year’s list welcomes 28 new entrants, including eight from Qatar

Saudi Red Sea tourism plan set to clinch $3.7bn green loan

It will have a tenor of 15 years and an interest rate of about 1 per cent above the Saudi interbank offered rate

Emaar’s Reel Cinemas expands into Saudi Arabia

The kingdom’s first Reel Cinemas venue will feature 14 screens

Saudi intercepts Houthi attack on Jazan University, debris leads to fire on campus

Coalition forces in the kingdom destroyed five ballistic missiles and four armed drones launched from Yemen in the latest attacks

Abu Dhabi oil giant ADNOC considers drilling, fertilizer IPOs

Deliberations on the potential listings are ongoing and no final decisions have been made

Revealed: Top 5 most powerful Arabs in Saudi Arabia

The highest ranked Arabs originating from Saudi Arabia in Gulf Business’ annual Arab power list

Oil steady near $59 as Fed’s Powell points to economic growth

Futures in New York traded near $59 a barrel after dropping 3.5 per cent last week

Saudi forces destroy armed drones, missiles launched from Yemen

The Houthis have stepped up missile and drone strikes against Saudi Arabia in recent months

Ramadan 2021: UAE moon sighting committee to meet on Monday

In Saudi Arabia, the Supreme Court said that the crescent had not been sighted on Sunday evening

Saudi executes three soldiers for ‘high treason’

An investigation allegedly uncovered their collaboration over plots against Saudi Arabia’s military interests, security and stability

ACWA Power inaugurates kingdom’s first renewable energy project

The project was awarded to an ACWA Power led consortium

SAUDI-HEALTH-VIRUS

Covid-19: Saudi postpones second dose vaccination appointments

The rescheduling decision was taken due to the shortage of international supplies of vaccines

Saudi Arabia Alula

Saudi Crown Prince launches master development plan for AlUla

It will be implemented in three phases until 2035, with the first phase set to be completed by 2023

Saudi bourse restructures itself with eye on IPO in second half

The newly created Saudi Tadawul Group will have four subsidiaries

Ramadan 2021: Pilgrims must be Covid-19 immune to enter two Holy Mosques

Those who have recovered from the Covid-19 infection can also be issued a permit

Islamic Development Bank sukuk Nasdaq Dubai

Saudi’s Islamic Development Bank lists $2.5bn sustainability sukuk on Nasdaq Dubai

The total value of the bank’s sukuk listed on Nasdaq Dubai stands at $17.14bn

Saudi Arabia

Saudi non-oil private sector growth slowed slightly in March – PMI

Saudi PMI Index fell from 53.9 in February to 53.3 in March

Saudis hike oil prices for key Asia market in sign of confidence

Aramco will increase its grades for Asia in May by between 20 and 50 cents a barrel

Saudi Prince reportedly sells English country estate to Bahrain’s King

The sale price was more than $165m, according to sources

Home security

Cyber threats frustrate banks’ digital efforts

How A10 Networks encryption, decryption technologies can help protect banks from attacks

Oil climbs above $60 as OPEC+ faces critical decision on supply

Data from the US and Asia do bolster the case for OPEC+ to loosen the taps

Saudi’s Haramain Railway begins operations after a year, ahead of Ramadan

The railway line’s services were suspended in March 2020 due to the Covid-19 pandemic