Saudi Arabia

July 31, 2014

The report additionally forecast that Saudi oil reserves will rise to as much as 273 billion bbls by 2017.
04:55 GMT

The country has maintained high oil production and exports by historical standards in the first half of this year.

July 23, 2014

Economists hope the announcement will diversify Saudi Arabia's stock market (File/AFP)
08:21 GMT

Investors have welcomed a Saudi Cabinet decision to allow direct foreign investment in the country's stock market, with the move being seen as an attempt to diversify the economy away from oil.

July 22, 2014

Doha's top leader Emir Sheikh Tamim bin Hamad al-Thani arrived in Jeddah Tuesday (File Archive)
19:53 GMT

Qatar's top leader arrived in Saudi Arabia Tuesday in a rare visit since a major rift developed between Doha and Riyadh earlier this year.

July 21, 2014

The report states that the electricity tariff in Saudi Arabia is the lowest in the world because of governmental loans and support to electricity production companies through supporting fuel prices.
21:04 GMT

Saudis pay the cheapest electricity bills, according to one report, but seemingly not for long.

Security forces are only allowing Umrah pilgrims wearing “ihram,” the pilgrimage attire, to enter the Grand Mosque (AFP/ File).
16:30 GMT

Mecca authorities are only allowing Umrah pilgrims wearing "ihram" pilgrimage attire to enter the Grand Mosque.

“Saudi businessmen who visit Jordan for investment and trade often fall victim to fraud,” he explained, adding: “We strongly advise our citizens to seek legal consultation here in the embassy free of charge.”
15:10 GMT

“Houses and farms are still being maintained and have been registered via official documents since the Saudi Embassy had been established in Damascus,” he said.

Waad is in a state of shock following the death of her brother. (Image: Facebook)
08:20 GMT

Saudi singer Waad has sadly announced the death of her brother.

The report also stated that the ministry is finding it difficult to employ experienced expatriates due to the low salaries being offered to them.
03:00 GMT

The Ministry of Municipal and Rural Affairs has criticized the Saudization scheme of replacing expatriate employees with Saudi nationals, which has resulted in a shortage of experts in many positions.

July 20, 2014

He added that Africa was a very promising market for Sabic and the company was focusing on opening distribution centres in a number of African countries.
14:55 GMT

Sabic, which is 70 per cent state-owned, attributed the rise in profits to higher production and sales volumes as well as higher prices for products.

July 18, 2014

(Fayez Nureldine/AFP)
07:17 GMT

Four Civil Defense units, backed up by two rescue teams, battled for several hours a fire that ripped through a cluster of makeshift houses built on an empty plot in Al-Mansour Street in Mecca Thursday night.

July 16, 2014

The two sides also agreed that the age of a housemaid from India should not be less than 30.
03:28 GMT

He said the recruitment of domestic helpers from India would inject new life into the housemaids market in light of recent problems that stopped the recruitment of labor from Indonesia and the Philippines.

July 15, 2014

Abdullah al-Muallami, Saudi Arabia's permanent representative to the UN said that "The Security Council statement on Israel’s attack on the Gazans was not up to the expectations of its members" (AFP/ File).
05:00 GMT

Saudi Arabia has criticized the United Nations Security Council for failing to meet member expectations in both its statement on, and action to prevent, Israel's military offensive in Gaza.

July 13, 2014

He called for imposing stricter search measures on female passengers and travelers because terrorists may use women to carry out their operations.
22:25 GMT

A Dammam airport source told Al-Hayat Arabic daily that airport officers have been asked to refer any suspicious passengers for investigation.

July 12, 2014

Palestinians collect their belongings from damaged houses in Gaza City. (Mahmud Hams/AFP)
08:45 GMT

Saudi Arabia is coordinating its efforts with representatives of Islamic and Arab states and representatives of the Non-Aligned Movement (NAM) as well as other bodies to support the Palestinian delegation’s stand at the UN

July 10, 2014

In the meantime, Riyadh Municipality officials closed 23 restaurants in the capital for violating health regulations.
13:31 GMT

Security officers in Saudi Arabia have arrested nearly 2,200 foreign workers in Madinah and Hail and Baha this month for allegedly violating the country’s residency and labor regulations.