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Saudi plans oil refinery, petrochemicals plant in South Africa

The kingdom already supplies 40 per cent of the crude oil consumed in South Africa

Saudi pumps money into once-restive Awamiya district

The kingdom has spent over $60m to rebuild al-Musawara and another $230m to compensate residents for hundreds of razed homes

Saudi Aramco hires Japan’s SMBC, Riyad Bank for Amiral project financing

Amiral is a petrochemical project that Aramco plans to develop with France’s Total

Two Saudis executed on murder charges

Saudi uses the death penalty for several offences including murder, drug-related crimes and terrorism

Saudi’s NCB set to pick JPMorgan to advise on bank merger talks

Saudi’s biggest lender is holding merger talks with smaller rival Riyad Bank

Saudi’s Samba bank 2018 profit up 10%, meets forecasts

The bank attributed its increase in profit to a rise in net special commission income

Saudi to begin construction at $500bn NEOM development in 2019

The work on the first phase of NEOM Bay, an urban project, will be completed in 2020

Saudi to provide cash incentives to private sector employers to hire locals

The government will offer support for Saudi employees earning between SAR4,000 and SAR10,000 per month

Saudi sees domestic energy use falling due to hike in gas, power prices

The kingdom is also investing heavily in its renewable energy sector

US’s Pompeo: Saudis assured me of accountability for Khashoggi murder

During meetings lasting 80 minutes total, Pompeo said he had raised human rights issues and discussed Yemen

Saudi foreign ministry denies reopening Damascus embassy

The UAE re-opened its embassy in Damascus last month

Drone users in Saudi now require permits to operate them

Drones need to be registered for commercial as well as personal usage

Saudi’s Riyad Bank selects Goldman to advise on merger talks with NCB

A merger between the banks would create a combined bank holding $183bn in assets

US’s Pompeo meets Saudi leaders, cancels Kuwait visit

The US official is cutting short the rest of his Middle East trip to attend a family funeral

ACWA plans to make solar panels as part of SoftBank and Saudi fund’s $200bn project

Last year SoftBank announced plans to create the world’s biggest solar power project in Saudi Arabia

Pics: Fairmont opens 298-room Riyadh hotel, its first in the Saudi capital

The luxury hotel is located at the Business Gate community

Licensed investments in Saudi ‘up 99% in 2018’ – report

The Saudi Arabian General Investment Authority also reported a 100 per cent increase in the number of investment expansion requests

Saudi to produce 60 GW of renewable energy by 2030, says official

The kingdom hopes to generate 40 GW from solar energy, and 20 GW from wind and other sources

Saudi amends labour law, prevents employers from keeping passports, IDs of staff

Under the new rules, an employee who verbally attacks a manager – even by electronic means – will not receive end-of service benefits

Air France to suspend flights to Riyadh due to route’s poor ‘economic performance’

Saudi Arabian Airlines will continue to operate the Paris-Riyadh route

Saudi man killed, others injured after clash in Jeddah over parking issue

All those involved in the “mass quarrel” have been arrested

Saudi teen who fled family welcomed as ‘brave new Canadian’ in Toronto

Rahaf Mohammed al-Qunun grabbed international attention after she barricaded herself in a Bangkok airport hotel room last week

Saudi Arabia to set up $10bn oil refinery in Pakistan

Last year, Saudi offered Pakistan a $6bn package that included help to finance crude imports

Power letters 2019: Paddy Padmanathan, CEO and president of ACWA Power International

The swing to renewable energy will be faster than any one expects and what can be reasonably forecasted

Foreign investors flock to Saudi bond sale

The order book for the $7.5bn sale of longer-term debt sale peaked at $27.5bn

Saudi to extend expat work visas for two years for no additional fee

In 2017, Saudi had cut the duration of work visas issued to expats at private sector firms to one year

Saudi awards its first wind power project under renewables strategy

A consortium led by France’s EDF Energies Nouvelles and Abu Dhabi’s Masdar won the bid

Aramco to set up refinery in Pakistan under investment pact with Saudi – report

Pakistan expects to sign investment agreements with Saudi and the UAE

Makkah clears up swarms of black crickets at the Grand Mosque, across the city

The insects were seen covering the walls and floor of the mosque

Saudi Aramco to issue bonds in Q2 2019, list in 2021 – energy minister

The oil giant previously considered issuing bonds to help it buy a controlling stake in chemicals firm SABIC