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Saudi to ban foreigners from work in car rental offices

The car rental sector is the latest to fall under a Saudisation drive

Saudi handouts to cost about $13bn

On Saturday, King Salman ordered a monthly payment of SAR1,000 to state employees over the year

Saudi women to attend football matches for the first time

The first football games open to women will take place this weekend

Saudi king orders new payments to offset rising living costs

The decree did not reveal the total cost of the new allowances

Watchdog group calls on Saudi Arabia to release local journalist

Saleh al-Shehi is reported to have accused the royal court of corruption in distributing land

Eleven Saudi princes detained following protest

Public prosecutor says the princes have been detained at Al-Hayer prison to await their trial

Saudi tax authority says pre-2018 leases exempt from VAT

The announcement affects assets including vehicles and real estate

Women-only Saudi university begins recruiting for driving school

The kingdom is preparing to lift a ban on women driving in June

Saudi drug authority says VAT should not be applied to medicines, vitamins

The kingdom implemented a 5 per cent value added tax rate on January 1

Previously detained Saudi minister seen at cabinet meeting

Assaf was reportedly released from his detention last month

Saudi seals gas stations for hoarding fuel

The stations were preempting a hike in fuel prices, which was announced on Monday

Saudi unemployment falls 5.8% in Q3

There were more than 1 million female jobseekers during the third quarter

Saudi Arabia raises fuel prices

The kingdom has slowed plans to eliminate subsidies for a wide range of energy products

Saudi expects $9.3bn from VAT in 2018

Officials said the revenue would go towards infrastructure and developmental works, as well as sustainable growth

Saudi Aramco launches maritime joint venture

The JV aims to open a world-class maritime yard by 2022

Saudi companies with five or fewer employees exempt from new expat fees

The new levy comes into force on January 1, forcing most firms to pay extra fees for expat workers

Two Saudi princes released from detention in anti-corruption probe – source

Local reports said that 23 individuals had also been released last Tuesday

Saudi foreign reserves rise in November for second straight month

It was the first time since mid-2014 that the reserves rose for two consecutive months

Apple and Amazon in talks to set up in Saudi Arabia – sources

The discussions are said to be part of Crown Prince Mohammed bin Salman’s push to make the kingdom more high-tech

Saudi businessman in debt dispute reportedly released from detention

Al-Sanea had been detained in the Eastern Province since October for unpaid debts reaching into the billions

Saudi regions commit to localisation of gold and jewellery market

Of the kingdom’s 13 regions, seven have confirmed localisation plans

Saudi Arabia releases corruption detainees, others to stand trial – report

The suspects have been held at Riyadh’s Ritz Carlton hotel since early November

Saudi launches training programme for female artisans

The initiative aims to help women learn more about designing and pricing their craft products

Saudi arrests 260k residence and labour violators

More than 3,000 people were caught trying to illegally cross Saudi Arabia’s borders

VAT violators in Saudi face SAR10,000 fine

The tax is due to be initiated on January 1, 2018

More than 121,000 Saudis entered labour market in 2017

The increased number of Saudi employees has been attributed to a series of government initiatives

Saudi Arabia teams up with Sweden to train female entrepreneurs

The SHE-Leads programme will take place in both countries, featuring a variety of different learning

Saudi Arabia confirms bird flu outbreak

The outbreak has led to the culling of nearly 16,000 ducks

Saudi’s Ma’aden to start up third phosphate project in 2018

Once at full capacity, the complex will roughly double Saudi Arabia’s production

Saudi makes first $533m payment to social support scheme

Around 50 per cent of families that applied for the scheme will receive the maximum payment