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Saudi Arabia

Saudi to begin issuing tourist visas

The kingdom is currently inaccessible for most tourists

Saudi ready to extend oil output cut deal – Crown Prince

OPEC and other major oil producers have cut output by about 1.8 million bpd since January

Saudi’s PIF to invest about $1bn in Virgin’s space companies

Last year Virgin Galactic was granted an operating licence by US authorities

Saudi Aramco could be valued at over $2 trillion – Crown Prince

Prince Mohammad also reiterated that the IPO is on track for 2018

$1bn shopping site Noon.com to launch in Saudi by year-end

The Saudi-headquartered site quietly went online in the UAE at the end of September

IPO planned for new Saudi mega city NEOM – Crown Prince

The 26,500sqkm business and industrial zone will extend into Jordan and Egypt

Emaar’s Alabbar keen to be part of Saudi’s $500bn NEOM

Alabbar’s Emaar is the joint developer of the King Abdullah Economic City project

Saudi industrial city KAEC plans jazz festival this year

Foreign musicians are also expected to perform at the festival

Citigroup goes on hiring drive as it re-enters Saudi

The bank recently obtained an investment banking licence in the kingdom

Saudi’s Flyadeal plans 50-plane order with Boeing or Airbus

Flyadeal began operations last month

Saudi’s PIF aims to manage over $400bn in assets by 2020

Investments will be in sectors such as real estate and infrastructure

Chinese e-commerce firm JD.com eyes Saudi government partnership

China’s second-biggest e-commerce firm plans to enter the Middle East

Saudi appoints CEO of $500bn mega city NEOM

Klaus Kleinfeld, the former chairman and CEO of Alcoa and Arconic, has been appointed to the role

Saudi unveils $500bn city to develop border region with Jordan, Egypt

The 26,500 square km zone, known as NEOM, will focus on industries

Saudi energy minister says ‘flexible’ on OPEC oil pact

Inventories have been reduced by over 180 million barrels

Saudi wealth fund PIF expects to create over 20,000 jobs by 2020

The Saudi government plans to expand the PIF

Saudi municipality head shot dead

A disgruntled employee is the main suspect in the murder

Saudi, UAE pledge millions of dollars to Rohingya refugees

More than 600,000 Rohingyas have fled a government crackdown in Myanmar in recent months

Bitcoin is going to ‘implode’ one day – Saudi billionaire Prince Alwaleed

Prince Alwaleed also said the valuation of electric car maker Tesla Inc was “too exuberant”

S&P opens Saudi office

Saudi national Meshari Al-Khaled has been appointed managing director and office head of the operation

Saudi Aramco CEO says IPO on track for 2018

Aramco is preparing to list about 5 per cent of its shares

Saudi to only issue one-year work visas to foreigners

The change comes ahead of an expected increase to the work permit fee

Saudi to let foreigners take strategic stakes in firms

Foreign investors with appropriate experience and expertise will be allowed to own such stakes

Saudi Arabia denies reports of official visiting Israel

The foreign affairs ministry said the news had “absolutely and categorically no truth”

Saudi plans SAR 100,000 fine for firms that violate weekend rule

Saudi opens restricted jobs to mothers, children of citizens

Individuals in these categories will now be able to work in professions limited to Saudis only

US official Tillerson says Saudi not ready for talks with Qatar on GCC crisis

The US Secretary of State met with the Saudi Crown Prince in Riyadh

Saudi grants visa on arrival to babies of residents

Parents will no longer need to seek a visa for their newborn at the Saudi embassy in their home country

Only Saudi women can now work in female clothes, accessory stores in kingdom

The third phase of the decision to ‘feminise’ such outlets began on Saturday, October 21

Saudi’s first female head of sports aims to get women exercising

Princess Reema bint Bandar was appointed last week as the president of the Saudi Federation for Community Sports

Saudi says oil market improving as exporters comply with cutbacks

Saudi oil minister Khalid al-Falih didn’t say whether he would recommend that curbs be extended further