It’s estimated that around 40 percent of Saudi dealers in the forex market are incurring losses due to their ignorance in currency market tools.
Egypt’s stock market rebounded on Monday after bullish comments from government officials and executives and signs that the planned parliamentary election will go ahead soon.
March 2, 2015
Football players born in Saudi Arabia have been given the green light to play for club teams after the Saudi Arabian Football Federation relaxed its rule on expatriates looking for playing opportunities in the local league.
A Saudi diplomat was released after spending three years as an al-Qaeda hostage in Yemen.
Here in the modern, multilingual Middle East, where many people in the major cities have a tenuous (or better) command of English, the opportunities for skewed communication go far beyond comic cab conversations.
March 1, 2015
The government’s reserves and deposits with the Saudi Arabian Monetary Agency (SAMA) dropped at the end of January to SR1.39 trillion ($ 37 billion), the lowest level in 21 months.
Egypt's President Abdel-Fattah El-Sisi will meet with Saudi Arabia's new king in Riyadh on a scheduled visit.
OPEC kingpin Saudi Arabia is feeling vindicated after a strategy of allowing oil to flood the market has begun to achieve what it was aiming for.
February 27, 2015
Saudi and Qatari ambassadors resumed their work in the southern Yemeni city of Aden, reported a Hadi-aid on Thursday. The embassies in Sana'a were evacuated in mid-February due to security concerns.
February 26, 2015
Opec kingpin Saudi Arabia is feeling vindicated after a strategy of allowing oil to flood the market has begun to achieve what it was aiming for.
Following last year’s surprise move by Opec (Organisation of Petroleum Exporting Countries) to counter the growing US shale oil industry, crude prices have plunged to below $55 a barrel.
The Saudi government said Thursday it is committed to fighting drug smuggling, one of many crimes punishable by death in the country.
Officials identified four of the five victims of a fire in Saudi Arabia as Bangladeshi, a labor counselor said Thursday.
February 25, 2015
As Saudi Arabia has this key difference, it is important to understand the essential principles guiding construction contracts in the kingdom.
Mobily’s rise was remarkable. It turned profitable in 2006, a year after launching operations, and annual profits soared 854 per cent between then and 2013.
King Abdullah will meet with King Salman on Wednesday to discuss the strengthening of ties between Saudi Arabia and the Hashemite Kingdom of Jordan,
US politicians are pushing to lift the country’s ban on crude oil exports, a move that if successful would challenge Saudi Arabia’s long held dominance over the global oil market.
"Markets are calm now ... demand is growing," Al-Naimi told reporters on the sidelines of a conference in the port city of Jizan, southwest Saudi Arabia.
Two men belonging to a terrorist organization were sentenced to death on Tuesday by Saudi's Special Criminal Court for plotting to hijack an airplane.
February 24, 2015
At least 13 men were found guilty Tuesday of recruiting al-Qaeda members and helping Osama bin Laden find shelter.
February 23, 2015
The Labor Ministry has forced the minimum wage on the private sector to make sure that Saudis will not be exploited, the same should be done for expats.
Mobile and landline calls between telecom service providers will now be cheaper after the Board of Directors of the Communications and Information Technology Commission (CITC) approved a reduction in rates.
After a one year delay, $1 billion worth of weapons purchased through a Saudi Grant agreement with France will soon arrive in Lebanon.
Turkey is planning to offer citizenship to Saudi investors, Turkish Deputy Prime Minister Ali Babacan said here on Sunday.
"Saudi Arabia will be the next frontier after the US, where shale and unconventional will make a significant contribution to our energy mix, especially gas."
February 21, 2015
More journalists have been targeted and killed than ever before. The deadliest region? The Middle East.
Saudi film festival opens despite cinema ban in the ultra conservative country!
February 19, 2015
State oil giant Saudi Aramco is talking to banks about taking a $10 billion loan for general business purposes.
Two-day meetings in Saudi's capital Thursday sought to bolster the Iraqi army against Daesh.
There have been 897 confirmed MERS cases in Saudi Arabia since the coronavirus was first detected in June 2012.
Maisa Moghrabi's secret is out: Moroccan starlet married in secret TWO months ago!
February 18, 2015
Saudi Arabia's terrorism tribunal confirmed Sunday the latest verdict against the human rights lawyer.