Arab, Muslim leaders fly to Saudi Arabia for talks on Gaza, Lebanon
Riyadh, Saudi Arabia -- Arab and Muslim leaders have begun arriving in Saudi Arabia for a summit scheduled for Monday that will focus on Israel's wars in Gaza and Lebanon, Saudi state media said.The Saudi foreign ministry announced the summit in late October during the first meeting of an "international alliance"...
Saudi Arabia, UAE deny Pegasus spyware allegations
Saudi Arabia and the United Arab Emirates have dismissed allegations they used Israeli-supplied Pegasus malware to spy on journalists and human rights activists.Smart cards and robots: Saudi Arabia’s ‘digital hajj’
The digital system also allows the authorities to guide the tens of thousands who attend the annual event, which in years past has at times been marred by deadly stampedes and accidentsSaudi Arabia gets tougher on shadow economy
Following the introduction of an anti-concealment law early this year, Saudi Arabia has stepped up its efforts to crack down on the shadow economy.Saudi Arabia bans citizens from traveling to Indonesia as Covid cases surge
Saudi Arabia on Wednesday barred its citizens from travelling to Indonesia due to the surge in Covid-19 cases thereHugh Fraser forms new alliances in UAE, Egypt
Clients of HFI will be supported by Al Suweikat and Al Busaies Law Office in Al Khobar.What’s in store for UAE as OPEC+ decides to increase oil output?
The UAE’s oil production limit fixed by the OPEC+ in 2018 is not a reflection of its full production capacity, which rose from 3.17 million barrels per day in that year to over 3.8 MBPD in April 2020.A Saudi aid center in Yemen helps wounded to get back to life
From prosthetics to financial support, the Saudi aid center in Yemen has been critical to the welfare of ordinary citizens$500bn Saudi NEOM wants to be world’s most competitive free zone
The $500-billion mega city will have its own laws and regulations to govern itself.UAE, Saudi leaders meet after rift over oil policy
Two key leaders of Saudi Arabia and the United Arab Emirates met in Riyadh on Monday, emphasizing the ties between the neighbors after a public row over oil policy.Careem launches luxury car ride-hailing Bahrain-Saudi Arabia service
Bahrain residents can book the one-way luxury car ride to Saudi Arabian cities such as Dammam, Khobar, Dhahran, Jubail, Buqaiq, Hufof and Riyadh for $198 per ride.Saudi Arabia makes 2nd vaccine mandatory for those travelling abroad
Saudi citizens will from August 9 be allowed to travel abroad only after the second dose of the Covid-19 vaccineTrade between UAE, Bahrain vaults 75% to $672 million in Q2
Only Saudi Arabia traded more with Bahrain, with the total value reaching $781 million during the quarter Oman was followed by Kuwait, which recorded $99 million in bilateral trade in Q2 There has been an unexpected surge in trade between the United Arab Emirates (UAE) and Bahrain in the second...Former Saudi minister to head IDB
Former Saudi economy and planning minister Mohammed Sulaiman Al-Jasser will head the bank.Deadlock ends: Top oil producers agree on modest output boost
The OPEC+ meeting on Sunday agreed to raise output by 400,000 barrels per day (bpd) each month from August to help fuel a global economic recovery as the pandemic eases.Digital Payments in Egypt and Saudi Arabia rising, with push from pandemic
Analysts at Jordan-based Arab Advisors Group have said digital payments in Egypt and Saudi Arabia are on the riseMcLaren raises US$757m, adds Saudi wealth fund as investor
The deal makes Saudi Arabia’s PIF a minority shareholder in the group Some of the money raised will be used to pay back loan taken out last year McLaren, a leading UK carmaker, has raised £550 million (US$757 million) fund in a deal that makes Saudi Arabia’s Public Investment Fund...Pilgrims arrive in Mecca for second hajj of Covid-19 pandemic
Up to 60,000 Muslims residing in Saudi Arabia are allowed to take part in this year's hajj, evoking the envy and awe of millions of international pilgrims who have been barred for the second year due to the coronavirus pandemicSaudi Arabia allows businesses to remain open during prayers
Saudi Arabia has officially allowed businesses to remain open during the five daily Muslim prayers. The decision is said to be part of the fight against the coronavirus pandemic.ÂSaudi minister inaugurates projects, initiatives worth $8.35 million for pilgrims
Saudi Arabia on Thursday inaugurated several projects in Jeddah worth SAR 31.32 million ($8.35 million) to help Hajj pilgrimsSaudi ports see 1.83% increase in cargo handling
Saudi ports saw an increase in the total number of handled cargo as well as passengers during June 2021Saudi Arabia to remain stable as oil prices boost economy: Fitch
Thanks to a boost it received from higher oil prices, Fitch has revised its outlook for Saudi Arabia from negative to stable, and also reaffirmed the kingdom’s sovereign ratings.GCC sees $27bn worth of hotel projects lined up
The GCC has hotel investments worth $27 billion in the pipeline, said the Arabian & African Hospitality Investment Conference (AHIC)Official reiterates Saudi resolve to protect rights after meeting US, EU envoys
Saudi Arabia's Human Rights Commission (HRC) chief Awwad bin Saleh Al-Awwad in a meeting with US and EU diplomats has vowed to protect human rights in the kingdom.High cost of food, fuel lifts inflation in Saudi Arabia to 6.2%
Accelerated mostly by the cost of food and fuel, inflation in Saudi Arabia has surged to 6.2 percent in June, the highest this year.OPEC+ deliberations still on but not supply deal yet: UAE
With the bloc pumping less than needed, prices are set to be volatile, says IEA Oil demand is expected to rise by another 3.3 mbd in the three months The UAE’s deliberations with OPEC+ regarding its position on an extension of an oil supply deal are still underway, the Gulf...Saudi hosts vaccinated pilgrims for 2nd downsized hajj
The kingdom seeks to repeat last year's success that saw no virus outbreak during the five-day Muslim ritual.Saudi, UAE reach deal over oil output quotas
Major OPEC producers Saudi Arabia and the United Arab Emirates have reached a compromise in a standoff over crude output quotas.Saudi Arabia invites bids for Jazan sewage treatment plants
Saudi Arabia authorities have invited bids from interested parties to develop small sewage treatment plants at Jazan, said local reports on Tuesday, July 13.Arab countries pledge help as Tunisia faces Covid surge
President Kais Saied has said that Saudi Arabia, Libya, Kuwait, Turkey and Algeria have also pledged to help Tunisia is currently battling a fresh wave of infections after successfully containing the virus following its outbreak last year As the spike in Covid-19 cases in Tunisia leads to a highest death...Saudi Arabia’s non-oil economy to grow 4.3%
The investments by the Public Investment Fund contributed to the economic recovery Last year, Saudi's economy suffered a double whammy of crashing oil prices and Covid-19 pandemic Saudi Arabia's bid to diversify its economy away from oil is beginning to show results with its non-oil economy set to expand by...Saudi Arabia mulls new Riyadh airport in big tourism push
The new airport is to be a base for the new airline that the Public Investment Fund is looking to launch to counter regional carriers Riyadh is already served by the King Khalid International Airport Saudi Arabia is planning to build a new airport in its capital city Riyadh, said...Curbs, vaccination drive help GCC minimize COVID-19 impact
Strict restrictions and intensive vaccination drive help the region deal with the pandemic Massive drop in global oil demand and continuous closures in various sectors affect the GCC economies By imposing strict restrictions on its citizens and reaching advanced stages in vaccination campaigns, the GCC proved to be one of...Saudi Arabia to allow only 60,000 pilgrims from kingdom to perform Hajj
More than two million people converge from around the world to perform the Hajj It will be for the second consecutive year that only Saudis will go to the two holy cities Saudi Arabia will allow no more than 60,000 people, from the kingdom alone, to perform the...Saudi Arabia vows to defend Yemen’s “security and stability”
The kingdom backs efforts to reach a comprehensive political solution to end the crisis in the war-scarred country It reiterated its commitment to help the government in Yemen Saudi Arabia has said that while it endorses all efforts at reaching a political settlement to end the crisis in Yemen,...Saudi Arabia unveils $18b plan to turn kingdom into data center hub
The government will work with the private sector, including local and international investors, to achieve the goal The kingdom is open to discussions with heavyweights like Amazon, Google, and other players willing to invest in the kingdom Saudi Arabia is looking to transform the kingdom into the main data center...Pakistan imports goods worth $10.6 b from four GCC countries
Imports from UAE $6.2 billion compared to $5.9 billion last year The highest increase in imports recorded from Saudi Arabia Pakistan’s imports from four GCC countries were nearly $10.6 billion during the first 11 months of 2020-21, a report said. The country's imports from UAE were worth nearly $6.2 billion...Saudi Arabia to generate $150 billion in investments from its new transport policy
The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments in public transportation, railways, and airport expansion in the next ten years. According to the kingdom’s transport and logistical services...Disagreement between UAE, Saudi Arabia hobbles OPEC
The UAE on Sunday pushed back against a plan by the OPEC+ group to extend a pact to cut oil production beyond April 2022 There are concerns that if an agreement among the 23 member-states cannot be reached, the alliance could break apart The disagreement between Saudi Arabia and the...Saudi Arabia to create 40,000 jobs for its nationals
Job creation is part of Saudi strategy to help residents obtain high-quality jobs The strategy seeks to push more Saudi nationals into the country’s labor market Saudi Arabia will provide 40,000 jobs to its nationals in law firms, customs clearance, real estate, the cinema sector, driving schools, technical and engineering...Saudi philanthropist Alwaleed to continue as chairman of Kingdom Holding
The company posted a net profit of $24.2 million for the quarter ending March 31, 2021 Its portfolio includes CitiGroup, Four Seasons Hotels & Resorts, Banque Saudi Fransi, and Savoy The philanthropist and billionaire of Saudi Arabia, Prince Alwaleed bin Talal, will continue to be chairman of the board of...Saudi Arabia to support small Egyptian businesses with $17.25m
The funding to Egyptian businesses is expected to boost job creation The funding will also go towards purchasing factory machinery and medical equipment Small and medium-size enterprises in Egypt will receive a big boost from Saudi Arabia in more than $17.25 million funding, allowing them to stay afloat. This was...Covid-19 variant: Saudi suspends UAE flights
The move comes seven weeks after the oil-rich kingdom permitted fully immunised citizens to travel abroad The UAEÂ is a key leisure destination for Saudis. Saudi Arabia has suspended flights to the UAE, Ethiopia and Vietnam, including the neighbouring United Arab Emirates, to protect against "a mutated strain of the...More Saudi men go for ‘Misyar’ marriages
Saudi clerics say the practice has proliferated since 1996, when the then grand mufti legitimized it with an Islamic edict Saudis, as well as the kingdom's expat workers, can be seen hunting on dating apps and matrimonial websites for such partners The Muslim no-strings-attached "misyar" marriage often done in...Seera, Kaden to launch hotels across Saudi Arabia
The result of the deal is a joint venture that will manage and set up hotels in various projects by Kaden Investment throughout the country The first of these hotels will be launched at the Riyadh Front business park Travel and tourism company Seera Group and Kaden Investment have signed...8 lakh millionaires in Middle East have $3.2 trillion wealth
Across the region, the population and wealth of HNWIs witnessed a growth of 13.2% and 17.2% The number of millionaires in Saudi Arabia and the UAE has grown almost at par The population of high net worth individuals (HNWIs) grew 6.8 percent to 0.8 million while their wealth grew...Saudi Aramco finance chief who steered listing steps down
 Ziad al-Murshed named as the chief financial officer The IPO was a key part of the plans to open up the economy to foreign investors Saudi Aramco has named Ziad al-Murshed as chief financial officer, replacing Khalid al-Dabbagh who helped lead the oil giant through its 2019 initial public offering,...Saudi forces shoot down Houthi armed drone
OIC condemns the militia's unending attacks as terrorism Iran accused of providing rockets and missiles to Houthis Saudi air defenses shot down a Houthi drone close to the kingdom’s border in the southern city of Khamis Mushait, according to the Arab Coalition command. In a statement released on Saturday, the...Saudi Arabia forbids travel to and from UAE, Ethiopia, Vietnam
Ban to ensure the variant is kept out of the kingdom All travelers to the kingdom will have to undergo quarantine Alarmed at the outbreak of more infectious variants of the coronavirus in the world, and its neighborhood, Saudi authorities are banning travel, without prior permission, to and from the...Saudi Arabia set to launch new airline targeting international flyers
The new airline is expected to carry people between nations within the region like Emirates, Qatar Airways Saudi airlines mostly operate domestic services and point-to-point flights Saudi Arabia is planning to launch a new national airline to target international flyers, said reports on Saturday, July 3. The move is aimed...Oil-producing countries postpone decision on output increase
UAE objects to extending of cuts to the end of 2022 as it seeks to grow production Members consider whether to continue reviving crude supplies gradually Major oil-producing countries on Thursday failed to agree to boost output in August to meet growing demand and limit recent price rises, adjourning their...


















































