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Saudi Arabia

Saudi residents to need registered rental contract for work permit renewal

The new requirement will come into force from later this year

Fire extinguished at Makkah hotel

Another blaze was reported at a hotel in the holy city in May

Saudi warns of severe punishments for illegally transporting Hajj pilgrims

Makkah enforces strict entry rules to prevent over crowding during the Hajj season

Saudi offers to sell power to Iraq at a discount to Iranian rates

The kingdom is reportedly planning to use a huge solar plant to supply Iraq

As US pushes for Middle East peace, Saudi king reassures allies

“The US mistake was they thought one country could pressure the rest to give in,” a senior Arab diplomat said

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Saudi’s SABIC posts 81% rise in Q2 profit, beats estimates

Saudi oil giant Aramco has said that its is mulling plans to buy a stake in SABIC

Saudi king appoints new Jeddah mayor, deputy culture minister

Saleh Al-Turki replaces Hani Mohammed Abu Ras, who stepped down from the role in May

Saudi shuts firm, fines owners SAR2m for concealment

The kingdom is cracking down on foreigners conducting business using the name of citizens

Pakistani national executed in Riyadh for drug smuggling

Shahzad Nim Khan was executed on Thursday for smuggling heroin inside his intestines

Saudi suspends oil exports through Red Sea lane after Houthi attack

The kingdom said Houthis had attacked two Saudi Very Large Crude Carriers in the Red Sea on Wednesday morning

S&P Dow Jones to upgrade Saudi stocks to emerging market next year

The move came in response to reforms of Riyadh’s market structure supporting foreign investment

Saudi’s largest developer Dar Al Arkan appoints new CEO

Kelvin Kwok will replace Ziad El Chaar, who resigned from his post due to personal reasons

Saudi launches ‘world’s largest’ centre for halal food and products

The centre aims to provide a global reference point for halal products

Saudi largest lender NCB posts Q2 profit hike

The lender benefitted from increased fees, commission and investments

JPMorgan, Morgan Stanley picked to advise on Aramco’s SABIC deal

Aramco plans to buy a controlling stake in petrochemical maker SABIC

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Saudi Aramco aims to buy controlling stake in SABIC

Aramco’s plan is to buy the 70 per cent stake owned by the Public Investment Fund in SABIC

Electronic visa for Umrah available now

Saudi’s Makkah turns away 72,000 as Hajj restrictions come into force

Entry will remain restricted for the duration of the Hajj season

Saudi confirms new bird flu case in Riyadh, market closed

The virus was detected in ducks at the Azizia market in Riyadh

Saudi woman driver crashes into shop in Eastern Province

One worker was taken to hospital following the incident

Aramco’s potential SABIC deal to affect IPO timing – CEO

Aramco’s IPO is expected to be launched in 2019

Saudi forms JV with Spain’s Navantia for five warships

Construction will begin in the autumn

Saudi Aramco confirms it is in ‘preliminary’ talks for SABIC stake

SABIC, the world’s number-four chemical firm, is 70 per cent owned by the Saudi wealth fund PIF

Saudi intercepts missile fired towards Jazan

Another missile attack was reported yesterday

Kuwait, Saudi form coordination council

The two countries are reportedly preparing to resume oil production in the neutral zone on their borders

Fire breaks out at Saudi Aramco’s Riyadh refinery

No personnel were injured and there will be no impact on operations, the company said

Saudi forces intercept and destroy missile targeting Najran

This is the second missile attack faced by Saudi so far this week

Saudi grants banking licence to Commercial Bank of Iraq

The lender will be allowed to open one branch in the kingdom

First pilgrims-only flight from Indonesia arrives in Saudi as Hajj season begins

Under the Makkah Road initiative, a pre-clearance system has been set up at the Jakarta Airport

Lebanese national executed in Saudi for drug smuggling

Diab Ahmad Hamad was executed in the Tabuk region for smuggling amphetamine pills

Saudi bans 47 video games including Grand Theft Auto V, Assassins Creed 2

The ban came in response to reports that two children killed themselves after playing the ‘Blue Whale’ game