Home next GCC next Saudi Arabia

Saudi Arabia

oil-big7

Saudi announces rise in oil reserves after external audit ahead of Aramco IPO

The kingdom’s reserves of easily recoverable oil have long been the world’s largest but few details were public

Pakistani national executed in Dammam for beating to death a Saudi man

The accused was found guilty of hitting the victim on the head with an iron pipe and killing him

Saudi Arabia tests demand for Gulf debt with dollar bond

The kingdom has sold $52bn in international bonds since its debut in 2016

UN asks Australia to consider granting asylum to Saudi woman who fled family

Rahaf Mohammed al-Qunun arrived in Bangkok on Saturday appealing for asylum

Saudi private jet industry stalls after corruption crackdown

Dozens of planes worth hundreds of millions of dollars are stranded at airports across the kingdom, according to sources

Consortium led by Saudi’s ACWA Power to raise over $2bn for Dubai solar project

The loan will fund the $4.3bn Noor Energy 1 project, expected to become the world’s largest single-site concentrated solar power plant

Two killed, others arrested in Saudi security operation

The two people killed were wanted for their involvement in disruptions to security in Al Qatif

Saudi woman to seek asylum after fleeing family to Thailand

Rahaf Mohammed al-Qunun barricaded herself in a hotel room at the Bangkok airport

Landmine explosion kills 10-year-old, injures three in Saudi

The incident took place on Friday in Jazan province

Saudi women to be notified about divorce by text message

Courts will be required to notify women about a change in their marital status

Saudi arrests over 2.3 million in continuing crackdown on illegal workers, residents

The kingdom began the crackdown on violators of residential, labour and border security regulations in November 2017

Saudi to apply job restrictions for expats in five retail roles this week

Nationalisation restrictions will apply to shops selling medical devices and equipment, construction materials, auto spare parts, carpets and confectionery

All domestic flights from Jeddah to shift to new airport this year

The King Abdulaziz International Airport had a soft launch in May 2018

Italy’s Serie A soccer league under fire for men-only seats in Saudi final

The high profile cup final between Juventus and AC Milan will be played in Jeddah on January 16

Saudi’s plan to privatise its football clubs could be delayed beyond 2020

The kingdom is seeking to make the Saudi Professional League one of the top 10 football leagues in the world

Khashoggi trial: Hearing begins in Riyadh, prosecution seeks death penalty for five suspects

Khashoggi was killed at the Saudi consulate in Istanbul on October 2

Saudisation of jobs in the grocery sector could cut expat remittances by $1.6bn – report

Nationalising the sector could also generate more than 35,000 jobs for Saudis

Saudi Arabia may cut Feb heavy crude prices to Asia

Weaker fuel oil margins and an expected drop in Asia’s crude demand could lead to the fall in prices

Saudi low-cost airline flyadeal launches four new routes from Dammam

Daily flights have been launched from Dammam to Riyadh, Madinah, Jazan and Abha

Netflix pulls comedy episode in Saudi after receiving complaint

The episode discussed Saudi’s role in the killing of Jamal Khashoggi

Saudi national executed in Madinah for stabbing man to death

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

New mega entertainment complex launched in Riyadh

The complex will have facilities for sports activities, picnics, live events as well as F&B options and cinema halls

Saudi cabinet approves space agency, new entities for military industries and trade

Plans for the Saudi Space Agency were first announced last week as part of a cabinet reshuffle

One Pakistani national, two Egyptians executed in Saudi for smuggling drugs

The accused were executed in the Makkah area of Jeddah and in Tabuk

Saudi’s Haramain railway mulls 30 daily trips by end-2019

The line transported more than 118,000 passengers through 310 trips since its launch on October 11

Saudi expat remittances drop 17.6% in November

New Saudisation rules have seen hundreds of thousands of legal foreign workers leave the country

Saudi’s economy grows at its fastest rate since early 2016 in Q3

Gross domestic product grew 2.5 per cent from a year earlier

Saudi Real Estate Refinance Co sets up $2.9bn sukuk programme

SRC aims to accelerate housing construction by injecting liquidity into the real estate market

Saudi Aramco creates fuel retail subsidiary

Saudi Aramco Retail Co will create a network of filling stations within Saudi Arabia to sell automotive fuel

New allegations against Ghosn concern payments to Saudi businessman, say sources

Japanese prosecutors arrested Ghosn for a third time last week, in a case that has rocked the auto industry