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Saudi Arabia

Consultancy firm warned of danger prior to Makkah crane collapse

Company warned of “serious and unacceptable” risks

Saudi government selling up to SAR20bn of bonds – report

The government began regular monthly sales in mid-2015 to help cover a budget deficit

Arms sales to Saudi ‘illicit’ due to civilian deaths in Yemen – campaigners

The Control Arms Coalition said Britain, France and the US were flouting the 2014 Arms Trade Treaty

Nearly 2,000 Saudi mobile shops closed

New Saudisation targets continue to impact the sector

Proposed bridges between Saudi and Bahrain, Qatar expected in near future

Second proposed Saudi-Bahrain link would be 70km long

Saudi to discuss energy cooperation with China, Japan

Saudi Arabia has traditionally accounted for most of the crude imports by Asia

Saudi’s Binladin to clear all workers’ dues by September-end – report

The construction company has reportedly started repaying its workers

Regional IPO market sees 80% year-on-year drop in values in Q2

The MENA region recorded six IPOs in the second quarter of 2016

Saudia shifts domestic operations to Riyadh airport’s new Terminal 5

The terminal will offer some 36 check-in counters for Saudia customers

Saudi citizen killed, six injured in Yemeni missile attack

The attack took place in the southern city of Najran on Saturday

Riyadh court upholds $8m fine on soft drink firms

The six were accused of collectively agreeing to increase prices to boost profitability

Saudi to let foreign institutions buy shares in IPOs

The move is expected to take effect at the start of next year

Thousands of workers abandoned in Saudi won’t leave without pay

King Salman set aside SAR100m of government money to help the stranded workers

Different Arab money

Saudi, other issuers gear up as Gulf bond crush looms

GCC gears up for one of its heaviest-ever periods of international issuance – possibly over $25bn by the end of October

Filipino workers stranded in Saudi to be provided free air tickets

Help is also being provided for workers to switch companies in the kingdom

Saudi bureau says no criminal motive behind Makkah crane collapse – report

The collapse of the crane on September 11, 2015 resulted in the deaths of 107 people

New Saudi-Egypt marine link under discussion

The route is expected to boost tourism to Egyptian resorts including Dahab and Sharm El-Sheikh

Saudi may soon hit new oil output record, overtake Russia

Industry sources say the kingdom started to raise production from June

Russia expresses interest in Saudi nuclear plans

Russia’s energy minister has said the two countries signed a nuclear cooperation deal in March

Saudi unemployment increases in Q2

More than one in 11 Saudis are still unemployed

Saudi accuses 32 people of spying for Iran

Seven civilians killed in southern Saudi Arabia

They were killed by projectiles fired by Yemen’s Houthi group on the city of Najaran

Saudi says will issue haj visas to Iranian expatriates

Tehran announced earlier this year that it would not send pilgrims for haj

Saudi labour ministry to investigate company that displayed maids at kiosk

The company involved could face human trafficking charges, according to reports

Saudi to make 2,000 government schools ‘independent’

Government seeks to reduce financial burden of education and improve its quality

Saudi Shoura member calls for foreign recruitment firms for domestic workers

Domestic worker recruitment is currently restricted to local firms

Saudi soldiers in Yemen to receive one-month bonus

Ministry employees on the front line will also be awarded the bonus

Saudi to introduce six projects to boost Saudisation

Labour ministry seeks to reduce cost difference between employing locals and expats

Saudi central bank says riyal will remain pegged to US dollar

The central bank said it has “sufficient tools” to support the exchange rate of the riyal

California man gets life in prison for stabbing Saudi student

Agustin Rosendo Fernandez, 30, stabbed Saudi student Alkadi to death two years ago

Saudi accuses 32 people of spying for Iran

Saudi stops 3 women, 7 children from joining Syria war

The three sisters and their children were detained by Lebanese authorities in Beirut and flown back to Saudi Arabia