The reshuffle comes as the PIF and its subsidiaries prepare to significantly increase domestic spending
Marc Antoine d’Halluin, who spent a year as group CEO at MBC, has now been appointed as a board advisor
Saudi Arabia joins global network of Google Cloud Platform regions
The border closure will be in place from 11pm on Monday, December 21 until Friday, January 1, 2021
Emirates has suspended flights to the kingdom until December 27, while flights to Kuwait and Oman have been halted from December 22-28
New urgent measures have been put in place for one week, with the possibility of an extension
Saudi Energy Minister met in Riyadh on Saturday with Russian Deputy Prime Minister
Locally-listed ETFs are a simple, cost-effective and efficient investment tool and will increasingly be used as such in the coming months and years
Saudi Arabia earlier this week asked citizens and residents to sign up for its vaccination programme
Trukker raised $23m last year in one of the largest Series A funding rounds in the region
The vaccine is free for citizens and residents, and the first batch will be distributed over the next three days
Islamic Development Bank report places Bahrain in third place globally
The vaccination process in the kingdom will be in three stages
The kingdom will stick to its plan to cut spending by 7.3 per cent in 2021
No group or country claimed responsibility for Monday’s attack
The authority will analyse samples from each incoming vaccine shipment before using it to ensure its quality
Tourism is essential for economic diversification, growth, and job creation
Saudi has seen a string of attacks launched by the Houthis in recent months
The exemption is not applicable to passengers arriving by road through the Hatta border
The kingdom has signed “important contracts with companies developing the coronavirus vaccine”
Members have decided to add 500,000bpd of production to the market next month, then hold monthly meetings to decide on subsequent moves
Business activity in Saudi Arabia grew at the fastest pace since the beginning of the year, fueled by a sharp rise in sales and strengthening sentiment
The kingdom resumed international flights from September 15 in a phased manner
International banks have been expanding in Saudi as the country embarks on a plan to diversify its economy beyond oil
Oil has just capped its biggest monthly increase since May on optimism energy demand will rebound as Covid-19 vaccines are rolled out in the coming weeks
A search for a successor is underway
This initiative is a win-win situation for employees as well as employers
The GCC governments’ measures to help corporates and individuals navigate the challenging environment have taken various forms
The new charter also formally changed the name of the central bank, from Saudi Arabian Monetary Authority to Saudi Central Bank
UK technology companies involved in smart city projects across the region share their experience of collaborating with developers in the Gulf