#Saudi Arabia

Saudi forces destroy bomb-laden drones, missiles launched towards civilians

Two separate incidents were reported on Saturday and Sunday

Mideast equity markets mixed with oil prices in focus

Kuwait’s main equity index led losses in the region

Saudi Aramco suspends $10bn China oil refinery venture

The oil-price crash and the virus’s impact on energy demand have changed the calculations for energy companies’ projects

GCC Covid-19 update: UAE reports 461 cases; 163 infections registered in Oman

The death toll in Oman and the UAE now stands at 609 and 369 respectively

Saudi foreign minister

Saudi will stick to 2002 Arab peace plan – foreign minister

The plan proposes normalised relations with Israel only after it withdraws from the Palestinian territories

Saudi Arabia led GCC in number of phishing attacks in Q2: Kaspersky report

There were 973,061 phishing attacks in KSA, with UAE following with 617,347 in the quarter

Saudis keep pressure on OPEC cheats before ministerial talks

Riyadh’s struggle to enforce compliance has been a long-running issue

GCC Covid-19 update: UAE reports 435 cases; 188 infections confirmed in Oman

The death toll in the UAE stands at 367

Fintech industry growing by 18% annually in Saudi Arabia: report

Fintech transactions in the kingdom amounted to over $20bn by the end of 2019

Israel asks UAE Crown Prince to visit as peace moves intensify

Israel and the UAE disclosed on Thursday that they had decided to put aside decades of official animosity in favour of normalising ties

King Abdullah Medical City picks Avaya Spaces to coordinate Covid-19 response

King Abdullah Medical City used Avaya Spaces to establish a workflow-based steering committee

Saudi Arabia’s inflation rate surged to 6.1% in July on VAT hike

Saudi Arabia increased its value-added tax from 5 per cent to 15 per cent on July 1

Saudi’s Amaala strengthens alliance with Dubai-based HASCO

The startup will offer excavation, backfilling, and earthworks for Triple Bay Marina

Saudi intercepts another missile attack from Yemen targeting ‘civilian targets’

The missile was launched towards the kingdom’s southern region on Sunday

Saudi sovereign fund said to hire ex-Morgan Stanley risk officer

The PIF received an injection of $40bn from the kingdom’s reserves in March and April

GCC Covid-19 update: UAE reports 210 cases; 162 infections, 10 deaths registered in Oman

An additional 10 people succumbed to the Covid-19 virus in Oman

Saudi wealth fund is said to repay $10bn bridge loan

PIF has shifted its focus from being mostly a domestic holding company to an international investment vehicle with stakes in Citigroup, Facebook and Boeing Co

Saudi wealth fund ditches blue-chip stocks, adds ETFs

The Public Investment Fund disclosed stakes worth $10.1bn at the end of the second quarter

Oil giant Saudi Aramco plans huge spending cuts for 2021

Saudi Aramco may keep capex, most of which is spent on exploration and production, at a similar level until at least 2023

Dubai’s DIFC grants banking licence to Samba Financial Group

Samba Financial Group’s presence in DIFC will facilitate its access to regional markets

Saudi king NEOM

Saudi King Salman heads to NEOM for ‘rest and relaxation’

King Salman underwent a surgery in Riyadh last month for an inflamed gallbladder

New report says 95% of Saudi businesses experienced a major cyber attack in the past year

Most Saudi organisations (61 per cent) reported that cyber attacks involved operational technology systems

Saudi KAI airport

Saudi’s GACA denies reports that kingdom plans to resume international flights in October

A circular published on social media is “baseless and fabricated”, says the aviation authority

Study says 15% of Saudis tune in to podcasts at least once a week

Listeners trust podcasts more than radio, newspapers and websites, Markettiers report says

Saudi Arabia plans human trial of China’s CanSino Virus vaccine

The vaccine has produced an immune response in earlier trials in China

Dubai cloud kitchen platform iKcon secures $10m funding

iKcon currently operates ten cloud kitchens across the UAE

Aramco still aims for $15bn investment in India’s Reliance

A deal with Reliance would help the world’s biggest crude exporter join the ranks of the top oil refiners and chemical makers

Saudi Arabia Youth

Two-thirds of Saudi Arabia’s population is under the age of 35

Nearly half of all Saudi employees are below the age of 35

Bee'ah Saudi Arabia Madinah

Sharjah’s Bee’ah waste management company expands into Saudi Arabia

Beea’ah will provide services including solid waste collection and transport services along with disinfection and sanitisation of waste bins

Ayesh 2

Saudi assistant defence minister dies

Mohammed bin Abdullah Al-Ayesh was suffering from an illness