#Saudi Arabia

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

UAE reopens air, land and sea borders with Qatar

Scheduled and unscheduled flights between the two countries will resume operations from Saturday

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

GCC leaders convene in Saudi Arabia for summit, sign statement

The GCC summit began with a keynote address by Saudi Arabia’s Crown Prince Mohammed Bin Salman

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

Blasts at Yemen’s Aden airport as new ministers arrive from Saudi

Eyewitnesses said they heard three blasts and gunfire at the airport

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

Saudi’s King Salman invites GCC leaders for group summit in Riyadh

The 41st GCC Summit is set to be held in the Saudi capital on January 5, 2021

Saudi receives five million pilgrims since resuming Umrah, no Covid-19 cases detected

The kingdom resumed Umrah in a phased manner in October

Saudi firms replace CEOs at rapid pace in fourth quarter

Key leadership positions have been reshuffled

Saudi’s $360bn sovereign wealth fund PIF rejigs top leadership

The reshuffle comes as the PIF and its subsidiaries prepare to significantly increase domestic spending

MBC Group reappoints Sam Barnett as CEO

Marc Antoine d’Halluin, who spent a year as group CEO at MBC, has now been appointed as a board advisor

Google teams up with Aramco to bring its cloud business to Saudi Arabia

Saudi Arabia joins global network of Google Cloud Platform regions

Covid-19 new strain: Kuwait joins Oman, Saudi in suspending flights, closing its borders

The border closure will be in place from 11pm on Monday, December 21 until Friday, January 1, 2021

UAE carriers Emirates, Etihad suspend flights to Saudi Arabia, Kuwait and Oman

Emirates has suspended flights to the kingdom until December 27, while flights to Kuwait and Oman have been halted from December 22-28

SAUDI-HEALTH-VIRUS-TRAVEL

Saudi suspends all international flights, closes land and sea ports over new virus strain

New urgent measures have been put in place for one week, with the possibility of an extension

OPEC+ will react faster, be more hands-on with oil market, Saudi, Russian officials say

Saudi Energy Minister met in Riyadh on Saturday with Russian Deputy Prime Minister

Investment lessons: Now is the time to focus on ETF assets in the MENA region

Locally-listed ETFs are a simple, cost-effective and efficient investment tool and will increasingly be used as such in the coming months and years

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

UAE-based Trukker seeks new funding, weighs IPO

Trukker raised $23m last year in one of the largest Series A funding rounds in the region

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