December 5, 2013
Just how much money are Middle Eastern small businesses leaving on the table?
December 4, 2013
The International Monetary Fund warned Saudi Arabia Tuesday that failing to expand its private sector may hurt its economy dramatically in the future.
KSA leadership orders authorities to seriously consider Human Rights Commission's recommendations on women driving rights
Custodian of the Two Holy Mosques King Abdullah ordered authorities this week to consider the Human Rights Commission's recommendations on 72 proposals, including women driving rights.
More than 126,000 illegal workers deported from Saudi Arabia in month since crackdown on illegal workers
Since the government launched a nation-wide crackdown on illegal workers exactly one month ago, Saudi Arabia has deported more than 126,000 people from the Kingdom.
Hezbollah leader Hassan Nasrallah claimed late Tuesday that Saudi Arabia is responsible for the Iranian embassy bombing in Beirut last month.
Saudi Basic Industries Corporation (Sabic) has opened its state-of-the-art Sabic Technology Center (STC) in Shanghai, built with an initial investment of $100 million.
December 3, 2013
Russia's President Vladimir Putin is expected to meet with Saudi's intelligence chief Tuesday to discuss the crisis in Syria
In order to survive, the province needs at least 7,000 Saudi workers for the region's 4,000 salons and beauty shops, she said.
December 2, 2013
Trade exchange between Saudi Arabia and Morocco will jump to $7 billion by early 2014.
Iranian Foreign Minister Mohammad Javad Zarif called on Saudi Arabia Monday to cooperate with Tehran on "[achieving regional] stability."
A senior official at the Ministry of Finance said Saudi Arabia would offer a new aid package to Egypt worth US$5 billion.
Saudi's Minister of Water and Electricity told reporters Sunday that the government will spend $29 billion (SR 110 billion) on new projects to improve water and power infrastructure
The chief financial officer of Prince Alwaleed bin Talal’s investment vehicle, Kingdom Holding, is to leave the firm, two banking sources aware of the matter said.
December 1, 2013
Saudi Arabia's Monetary Agency released data this week that KSA's foreign assets hit a record high in 2013 as money supply growth reached a 14-month low.
Saudi Prince Saud Bin Abdullah opened a $100 million technology center in Bangalore, India this weekend. The new center, which is part of Saudi Basic Industries Corporation (SABIC), will be used for R&D in sectors ranging from construction and clean energy to electronics and transportation.
November 27, 2013
Leaders of Saudi industrial companies are meeting with French counterparts this week to discuss nuclear supply chain development and collaboration.
November 26, 2013
Saudi Arabia is planning to build the world's largest solar-powered seawater desalination plant in Ras Al Khaimah
Saudi Arabia announced Tuesday that it will build a massive, 43 million square port on its west coast to "lure investment" and "ease pressure on Jeddah."
November 25, 2013
Saudi Arabia cautiously welcome a nuclear deal reached between Iran and world powers, saying "good intentions" could lead to a comprehensive solution".
The government’s correction campaign has pushed land prices down by 30 percent and closed more than 80 percent of unlicensed real estate offices, local media said quoting property experts.
A Saudi Arabian court has sentenced one man to death and 19 to long prison terms over their involvement in a 2004 attack on the US Consulate in Jeddah that killed five employees.
November 24, 2013
Saudi Arabia announced Sunday that it will spend $187 billion over the next 20 years in infrastructure projects.