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Saudi Arabia

Saudi banks to see 4% lending growth in 2018 – Moody’s

The kingdom’s economy is expected to return to growth this year

Saudi businessman al-Sanea seeks last-chance debt deal

Saudi authorities will start auctioning billions of dollars of assets, including machinery, real estate and vehicles, next week

Saudi Aramco international listing may not happen

IPO preparations have been hit by rows over whether Aramco should list on major Western markets at all

Saudi Prince Bandar bin Khalid dies

His funeral prayers will be performed at the Grand Mosque in Makkah on Tuesday

Trump to meet Saudi crown prince next week

The crown prince reportedly plans to travel to Washington, New York and Boston from March 19 to 22

UAE plans to have rail link with Saudi by the end of 2021

The planned 2,100km rail network connecting the GCC was pushed back at least three years

Saudi won’t fast-track replacement of foreigners in government roles

The Ministry of Civil Service said last September it aimed to replace 28,000 foreign public sector workers by the end of 2020

UK officials told that Saudi Aramco IPO unlikely until 2019

The Saudi government had targeted a market listing by the second half of 2018

Saudi’s King Salman orders creation of departments to combat corruption

The kingdom is preparing to undertake legal proceedings against 56 individuals still held after November’s corruption purge

Saudi says foreign worker ban won’t apply to all car rental jobs

The ban comes into force on March 18

Divorced Saudi mothers given new child custody rights

Saudi mothers would previously have to file a lawsuit to get custody of their children

UK, Saudi sign deals worth over $2bn during crown prince visit

The two countries have set themselves a $90bn trade and investment target for the coming years

PwC says just a fifth of women in Saudi will drive by 2020

The kingdom is expected to allow women to drive from June 24

UK’s May defends Saudi ties as crown prince gets royal welcome in London

Prince Mohammed’s visit to Britain is part of his first foreign trip since becoming heir to the Saudi throne last year

Forbes removes all Saudis from rich list following corruption purge

Saudi investor Prince Alwaleed was previously ranked as one of the world’s richest people

Saudi allows women to work as tour guides

The kingdom has recently opened several other job roles to women including in public security

Aramco IPO venue in the balance during Saudi prince’s trips

Saudi authorities have said they intend to list Aramco in Riyadh and on one or more foreign exchanges

Mega wrestling event set to be hosted in Jeddah next month

The Royal Rumble match will feature 50 WWE superstars

Saudi car rental offices shut shop as foreign worker ban nears

Car rental offices must employ only Saudi staff from March 18

Saudi crown prince goes West to woo allies, but could it be a tough sell?

Prince Mohammed bin Salman has won Western plaudits for seeking to reduce Saudi Arabia’s reliance on oil

Saudi king promises football stadium for Iraq

There have been improved relations between the two countries in recent times

Saudi Crown Prince visits Cairo Coptic cathedral, meets pope

The visit was part of a three-day stay in Egypt for Prince Mohammed

Saudi-owned broadcaster MBC to stop airing Turkish dramas

Tensions have been growing between Turkey and some GCC states

Saudi, Egypt sign $10bn deal for mega-city in Sinai

The deal came at the start of Saudi Crown Prince Mohammed’s visit to Cairo

Saudi’s $16bn syndicated loan to cut funding costs

A group of 16 international banks will provide the new loan

Saudi expands $10bn loan refinancing to $16bn

A $16bn facility would be one of the largest syndicated loans ever extended in emerging markets

Saudi Crown Prince to visit Egypt

The three-day visit will start on March 4

Saudi’s new expat charges – is your company footing the bill?

Expats now have to pay a monthly sum of SAR100 for each of their unemployed dependents

Saudi crown prince to visit several US cities

Prince Mohammed was named heir to the throne last summer

Saudi court jails rights activist over tweets

The defendant was reportedly accused of criticising Saudi Arabia’s intervention in Yemen