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Hajj 2024

Up to 1.5 million people visit Makkah’s Grand Mosque during the first 10 days of Ramadan

Visitors are subject to strict Covid-19 precautionary protocols

Aramco said to review upstream assets for potential stake sales

The company reshuffled its senior management last year and created a division focused on portfolio optimisation

Checkout.com leads $110m round for Saudi fintech Tamara

The company raised $6m in seed funding at the start of this year

Saudi Arabia seeks to speed privatisations to help ease deficit

Saudi Arabia raised $800m from the recent sale of two flour mills, which followed two other mill sales of $740m last year

Saudi to retain ban on 20 countries including UAE, India and UK when international flights resume in May

The kingdom will resume international flights on May 17

Saudi-based Community Jameel to fund infectious disease research at Imperial College London

Jameel Fund for Infectious Disease Research and Innovation to provide grants of up to $65,000

Saudi Red Sea tourism plan set to clinch $3.7bn green loan

It will have a tenor of 15 years and an interest rate of about 1 per cent above the Saudi interbank offered rate

Saudi’s Dar Al Arkan collaborates with Versace Home on Shams Ar Riyadh project

The Shams Ar Riyadh project is located in an area north of Riyadh, on the King Khalid Road

Emaar’s Reel Cinemas expands into Saudi Arabia

The kingdom’s first Reel Cinemas venue will feature 14 screens

Emirates Dubai Health Authority

Saudi based Seera Group taps Checkout.com for digital payments

Digital transformation key to travel industry recovery

Saudi intercepts Houthi attack on Jazan University, debris leads to fire on campus

Coalition forces in the kingdom destroyed five ballistic missiles and four armed drones launched from Yemen in the latest attacks

Revealed: Top 5 most powerful Arabs in Saudi Arabia

The highest ranked Arabs originating from Saudi Arabia in Gulf Business’ annual Arab power list

Saudi forces destroy armed drones, missiles launched from Yemen

The Houthis have stepped up missile and drone strikes against Saudi Arabia in recent months

Ramadan 2021: UAE moon sighting committee to meet on Monday

In Saudi Arabia, the Supreme Court said that the crescent had not been sighted on Sunday evening

UAE’s Mubadala may join $12bn Aramco oil pipelines deal

Mubadala is in talks with US investor EIG Global Energy Partners, the lead member of the consortium

Saudi executes three soldiers for ‘high treason’

An investigation allegedly uncovered their collaboration over plots against Saudi Arabia’s military interests, security and stability

ACWA Power inaugurates kingdom’s first renewable energy project

The project was awarded to an ACWA Power led consortium

SAUDI-HEALTH-VIRUS

Covid-19: Saudi postpones second dose vaccination appointments

The rescheduling decision was taken due to the shortage of international supplies of vaccines

Aramco selling $12.4bn stake in pipeline rights unit

The deal is part of Saudi Arabia’s drive to open up to foreign investment and use the money to diversify its economy

Saudi Arabia Alula

Saudi Crown Prince launches master development plan for AlUla

It will be implemented in three phases until 2035, with the first phase set to be completed by 2023

Saudi bourse restructures itself with eye on IPO in second half

The newly created Saudi Tadawul Group will have four subsidiaries

Neom, Tabuk Fish ink agreement to develop MENA’s largest fish farm

The hatchery will operate with a capacity of 70 million fingerlings

Ramadan 2021: Pilgrims must be Covid-19 immune to enter two Holy Mosques

Those who have recovered from the Covid-19 infection can also be issued a permit

Apollo is said to lead buyout group for $10bn Aramco deal

The buyout firm’s consortium will include US and Chinese investors

Islamic Development Bank sukuk Nasdaq Dubai

Saudi’s Islamic Development Bank lists $2.5bn sustainability sukuk on Nasdaq Dubai

The total value of the bank’s sukuk listed on Nasdaq Dubai stands at $17.14bn

Saudi Arabia

Saudi non-oil private sector growth slowed slightly in March – PMI

Saudi PMI Index fell from 53.9 in February to 53.3 in March

Saudis hike oil prices for key Asia market in sign of confidence

Aramco will increase its grades for Asia in May by between 20 and 50 cents a barrel

Prince Khaled named in advisory board of $15m global food tech challenge

Competition backers include Abu Dhabi’s Advanced Technology Research Council

Saudi Prince reportedly sells English country estate to Bahrain’s King

The sale price was more than $165m, according to sources

Home security

Cyber threats frustrate banks’ digital efforts

How A10 Networks encryption, decryption technologies can help protect banks from attacks