Saudi Prince Alwaleed Bin Talal's donation will support END’s efforts to fight neglected tropical diseases over the next three years with an emphasis on the Middle East and Africa.
Saudi's anti-corruption body has identified a number of financial and administrative irregularities conducted by the SEC executives related to contracts, purchases of licenses and falsifying information.
Aujan transformed Aujan Industries by acquiring exclusive distribution rights for Vimto and with $1B joint venture with the Coca-Cola Company.
January 23, 2017
Shell's divestment of the joint venture with the Saudi Basic Industries Corp, know as SADAF, for $820 million comes as the latest in a string of business disposals.
in response to reports of a proposal by the Shura Council to imposing fees on expats' remittances, Saudi Arabia has confirmed that it is "committed to the principle of free movement of capital in and out of the kingdom".
January 22, 2017
In a hypocritical move, several conservative figures have bizarrely tweeted that women's marchers should focus their efforts on promoting feminism in Saudi Arabia.
January 18, 2017
The Supreme Administrative Court nullified on Monday a deal between Egypt and Saudi Arabia that would have seen the sovreignty of two Red Sea islands, Tiran and Sanafir, transferred to Saudi waters.
This will be Ayrault's first visit to Riyadh since his appointment as foreign minister in February 2016.
Is it a feminist issue or just a matter of following the rules?
In order to meet demand and diversify Saudi Arabia's energy mix, the kingdom is eyeing potential geothermal sites in Al Khouba area of the southernwestern province of Jizan.
Speaking Tuesday at the World Economic Forum in Davos, Saudi Aramco CEO Amin Nasser announced that $25 trillion would need to be invested over the 25 years on new oil capacity to meet rising demand.
January 17, 2017
Airstrikes by the Saudi-led coalition were also reported across the western part of the country.
Saudi Arabia's energy minister has announced an ambitious plan to invest $30B-$50B in renewable energy across various sectors.
Army launched wide-ranging campaign last month aimed at recapturing parts of Yemen’s southern Shabwah province.
The Saudi Oger workers lost their jobs at King Fahd Quran Printing Complex four months ago and have filed for intervention with the labour dispute committee over unpaid dues.
January 16, 2017
The Grand Mufti has a prestigious religious position in Saudi Arabia. He is the Mufti of all Muslin Sunnis around the world, since Saudi Arabia represents and leads all Muslims religiously.
A Yemeni resident of the ultraconservative kingdom has been sentenced to 21 years in prison over posts on his Facebook page.
Old footage has resurfaced as Saudis celebrate their country's pioneering medical achievements.
The FM market in Saudi Arabia is worth $20-$29 billion per annum with ten percent annual growth, according to Credo Consulting.
Nearly 1,500 employees resigned from Saudi government jobs in 2016, coinciding with the introduction of new reforms that included linking bonuses to mandatory assessment and possible dismissal.
January 15, 2017
Saudi national football team beat Cambodia 7-2 in a friendly match held at Sheikh Zayed Sports City in Abu-Dhabi yesterday as part of the Saudi team's preparatory camp in preparation for the away phase of world cup 2018 qualifying tournament.
Saudi Arabia's highest-ranking cleric has called cinemas and singing concerts as harmful and corrupting.
Yemen's devastating conflict of more than two years is putting increasing numbers of people in the poor Arab country at risk of malnutrition. Humanitarian agencies warn that some areas in Yemen are on the brink of famine.
The number of licensed activities, including exhibitions, forums, conferences, workshops and meetings held in 2016 in Saudi Arabia reached 8,758 in 2016.
January 12, 2017
The order, which would replace and expand a fleet of leased A320s, would give flynas one of the largest Middle East low cost fleets after state-owned flydubai.
If VAT is to be introduced on January 1, 2018, the corporate sector needs a VAT framework agreement at least six months prior to the implementation to prepare themselves for the new levy.
The infant was returned to her mother after videos of the abuse were shared widely online.
Despite oil-price fluctuations, volatile stock markets and geopolitical uncertainty, the region's real-estate sector remains resilient and is expected to register growth at a slow pace in 2016 and beyond.
January 11, 2017
Capital growth, the wider range of properties available and limitations on the ability to buy off-plan projects at home are key reasons for the continued popularity of Dubai properties among Saudi investors.
The new measure allowing foreign investors to obtain business visas electronically within a day became effective January 1, with the process for visit visas for commercial firms to follow shortly.
Local businesses that have suffered financially from the 20 percent reduction in the quota of Haj pilgrims are elated that the quota has been removed after four years.
Saudi and Lebanese finance ministers, meeting on the sidelines of Lebanese President Aoun's visit to Riyadh, expect to seal a deal to prevent double taxation and boost trade between the two countries.