#Saudi Arabia

Turki Al Malki, Saudi coalition

Saudi forces destroy armed drone launched towards civilian targets in the kingdom

The attack, launched on Wednesday, targeted the kingdom’s southern region

Saudi Arabia raises minimum wage for citizens by 33%

The higher minimum wage must be paid for a worker to be counted as part of a company’s quota of citizen employees

Real Estate

Revealed: The most transparent real estate markets in the MENA region

Dubai and Abu Dhabi have been ranked as having the most transparent property markets in the region according to JLL’s latest index

Saudi Arabia to pivot attention, plow funds at home

The fund intends to play a leading role in refocusing the economy toward underdeveloped industries

Saudi banks sign supply chain financing deal with government

The Finance Ministry has partnered with Saudi British Bank, Samba Financial Group and National Commercial Bank

Saudi women phone

Saudi to provide 60,000 additional free wifi points, including at the two Holy Mosques

The initiative will see free wifi provided at hospitals, malls and public parks across the country

GCC Covid-19 update: UAE reports 1,136 infections, 773 recoveries

The death toll in the UAE has risen to 523

Multiple shots fired at Saudi embassy in Netherlands

No injuries were reported

Oil extends gains on signs OPEC+ edging toward keeping cuts

The producer group is considering keeping additional supply off the market for three to six months

SAUDI ARABIA TO HOST FORMULA 1 IN 2021 - JEDDAH CORNICHE

Formula 1: Saudi Arabia to host race in 2021

The kingdom will become the 33rd country to host an F1 race

SAUDI-ARAMCO-ENERGY-STOCKS Tadawul

All Tadawul-listed issuers must offer disclosures in English and Arabic – Saudi regulator

The decision, taken by the Capital Market Authority, takes effect from January 1, 2021

Saudi mall operator Arabian Centres picks Oracle for business processes transformation

Arabian Centres to deploy Oracle Fusion Cloud Applications

Saudi VAT increase: What are the long-term implications?

The kingdom hiked its value added tax (VAT) from 5 per cent to 15 per cent in July

Buy-now-pay-later platform tabby in new e-commerce partnership in Saudi Arabia

Announces partnership with Saudi-based e-commerce site Salla

How diversification can ensure sustainable growth in the GCC

Credit downgrades and double-digit deficits poses challenges for regional countries that are not diversifying their economies

Saudi Arabia reforms labour law; grants foreign workers greater rights

New reforms will come into effect in March 2021

Saudi non-oil private sector business activity improves to highest in 8 months

However, employment numbers dropped at the fastest rate since June

Saudi tourism megaproject near to closing $3.7bn loan

The Red Sea Development Co. project, owned by the kingdom’s Public Investment Fund, is the biggest leisure development, spanning over 10,000 square miles

Saudi Arabia Makkah

Video: Man drives car into Grand Mosque in Makkah

The Saudi national has been referred to the Public Prosecution

Abu Dhabi’s non-oil foreign trade valued Dhs80.2bn for Jan-May 2020

Total trade decreased by 18.7 per cent in May 2020 compared with May 2019

World’s largest fish and meat online retailer raises $121m to expand operations

The funds will support the brand’s expansion in India and the Middle East with plans to launch in Saudi Arabia

Covid-19 update: UAE reports 1,390 cases; 466 infections registered in Oman

The death toll in the UAE has risen to 482

Saudi tech startup Foodics launches $100m fund for SMEs

Foodics partnered with Maalem Financing to launch the fund

Turki Al Malki, Saudi coalition

Saudi forces destroy drones targeting civilians in the kingdom

The kingdom destroyed armed drones launched from Yemen on Saturday, Sunday and Monday

Ericsson boosts 5G expertise in Saudi Arabia

Fresh Graduates Programme employs 100 youth in the kingdom

GAC Motor GA8

GAC Motor launches all-new GA8 sedan in Saudi Arabia

GAC has five showrooms in four cities spread out across Madinah, Riyadh, Dammam and Jeddah

Third quarter Saudi-Bahrain trade surges by 43%

Trade between the two countries hit $2.17bn in Q3 2020

Saudia 3

Saudia to resume flights to 13 more destinations in Nov, including cities in India

The additional routes will increase Saudia’s total number of international destinations to 33

BinDawood acquisition

Saudi tycoons expand fortune as grocery chain soars after IPO

Members of the family own a 67 per cent stake worth about $2.2bn in BinDawood Holding Co