It will be implemented in three phases until 2035, with the first phase set to be completed by 2023
The newly created Saudi Tadawul Group will have four subsidiaries
Those who have recovered from the Covid-19 infection can also be issued a permit
The total value of the bank’s sukuk listed on Nasdaq Dubai stands at $17.14bn
Saudi PMI Index fell from 53.9 in February to 53.3 in March
Aramco will increase its grades for Asia in May by between 20 and 50 cents a barrel
The sale price was more than $165m, according to sources
How A10 Networks encryption, decryption technologies can help protect banks from attacks
Data from the US and Asia do bolster the case for OPEC+ to loosen the taps
The railway line’s services were suspended in March 2020 due to the Covid-19 pandemic
Unemployment among Saudi nationals hit a record high of 15.4 per cent last year
Elie Milky, vice president – Business Development, Radisson Hotel Group, Middle East, Cyprus, Greece and Pakistan, charts the expansion plans for the group within the region
Terminal 1 at King Abdulaziz International Airport has the capacity of handling 30 million passengers a year
The overall regional tree planting programme (with 50 billion trees) is claimed to be the largest reforestation programme in the world
The move follows an escalation in drone and missile attacks by the Houthis on the energy infrastructure and airports of the world’s largest oil exporter
The centres will cater to Saudi patients suffering from Obstructive Sleep Apnea
Legal procedures against the accused are currently underway
The UAE became the first Gulf Arab nation to agree to normalise ties with Israel
Normalisation of ties with the GCC, the upcoming FIFA World Cup and economic reforms are painting a positive picture for the gas-rich nation
Investment to create over 1,500 additional jobs across Saudi Arabia
Flynas will operate two weekly flights between Riyadh and AlUla on Wednesdays and Saturdays
The Saudi Food and Drug Authority confirmed that over 2.3 million doses of the vaccine have been administered in the kingdom
The non-oil economy shrank an annual 0.8 per cent in the fourth quarter
Wassim Al Khatib will lead Citigroup’s investment banking and markets business in Saudi Arabia
The acquisition is fully financed from Almarai’s operating cash flow
Saudi Arabia is the UAE’s top trading partner, with a total of Dhs113.2bn in trade exchange in 2019
The railway line’s services were suspended in March 2020 to curb the spread of the Covid-19 pandemic
The new initiative offers expatriate workers labour mobility and amends existing exit procedures
The attack on the kingdom’s Ras Tanura port on Sunday caused a brief spike in oil prices
A rising currency wiped out a solid surge following an attack on a major Saudi Arabian export crude terminal