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Saudi continues to detain businessmen in probe, imposes travel curbs

Nasser bin Aqeel al-Tayyar was reportedly detained in Saudi’s corruption probe

Alwaleed’s Kingdom Holding says has support from Saudi government

Prince Alwaleed has been detained as part of an anti-corruption crackdown

Saudi says Riyadh missile attack ‘dangerous escalation’ of Yemen conflict

The missile was brought down on Saturday evening near King Khaled International Airport

Saudi deputy governor killed in helicopter crash near Yemen

The cause of the crash is not yet known

Four IPOs issued in the GCC in Q3

Proceeds raised from the four IPOs amounted to $140m, down 18 per cent from Q2 2017

Saudi stocks drop after corruption probe detains businessmen, officials

Kingdom Holding, owned by Prince Alwaleed bin Talal, who was one of those detained, plunged 9.9 per cent

Saudi intercepts missile over Riyadh

The missile was destroyed near the King Khaled international airport

Trump pitches New York stock exchange for Saudi Aramco IPO listing

The sale is expected to raise about $100bn, making it the world’s largest IPO ever

Saudi king sacks top ministers, gives more power to crown prince

Saudi has changed the economy minister and the minister of the National Guard

Saudi’s Prince Alwaleed among princes, ex-ministers detained in probe

The arrests come after Saudi created a new anti-corruption committee on Saturday

Saudi to push back balanced budget target to 2023

The kingdom planned to eliminate the budget deficit by 2020

Russia working with Saudi on energy investment, $500bn mega city

Russian companies are looking at sectors such as solar, healthcare, education, AI and port infrastructure

Saudi phone, utility bills to increase 5%

Value added tax will be applied to phone bills in the country

Saudi accuses 32 people of spying for Iran

Saudi reforms recognised but little progress on ‘doing business’ ranking

The kingdom was among the top 20 reformers on this year’s ‘ease of doing business’ list

Syrian national executed in Saudi for smuggling drugs

The man was executed in Jouf for smuggling amphetamine pills into the kingdom

Saudi establishes cyber security authority

The kingdom has been the target of major cyber attacks in recent years

Saudi’s wage protection system now applies to smaller firms

All companies with 40 workers or more are now being monitored for late payments

Saudi Cabinet approves opening of Iraq land border

The move comes amid plans to resume commercial flights between the two countries

Saudi Shoura member calls for female football teams

Iqbal Dandari said allowing women into stadiums would encourage them to consider professional sports

Saudi state-owned defence company SAMI appoints new CEO

Created in May, Saudi Arabian Military Industries is backed by the Public Investment Fund

Saudi prepares regulation to allow women to drive

Women will be allowed to drive from June 24 next year

Saudi to extract its own uranium for nuclear programme

The kingdom plans to issue contracts for its first reactors next year

Bahrain’s GFH Financial Group eyes Saudi listing

The firm is also in talks to acquire a Gulf financial services company

Saudi Shoura proposal seeks more women in diplomatic roles

The kingdom recently appointed its first female embassy spokesperson

FTSE Russell launches Saudi inclusion indices ahead of EM upgrade

The indices are intended to be used as a transitional tool ahead of Saudi Arabia’s inclusion in FTSE’s emerging market index

Saudi Arabian Airlines resumes flying to Iraq after 27 years

There have been no flights between Saudi and Iraq since Saddam Hussein invaded Kuwait in 1990

Saudi women to be allowed into sports stadiums

Three stadiums in Riyadh, Jeddah and Dammam will be ready to accommodate families from early 2018

sabic

Saudi’s SABIC Q3 net profit up 10.7% on higher prices, sales

SABIC made a net profit of SAR5.79bn

Shake Shack plans Saudi expansion

The Gulf region is one of the burger chain’s largest international markets

New Saudi mega city NEOM is Crown Prince’s desert dream

Future reforms are expected to cut subsidies, raise taxes, overhaul an outdated education system