Saudi Arabia

June 12, 2013

The deal will be the first local currency Saudi debt issue that Standard Chartered has been involved in
12:57 GMT

Saudi Arabia's state airports operator has picked three banks to arrange the second tranche of its local Islamic bond programme, banking sources said on Tuesday, with a sale seen matching the firm's record-breaking $4 billion debut Sukuk in 2012.

June 11, 2013

Saudi Landbridge
13:19 GMT

Saudi Arabia is currently undertaking ground-breaking transformations in the transportation sector and Huawei Technologies aims to place the passengers at the heart of the new transformation by emphasizing safety, comfort and reliability as critical components of railway infrastructure.

Prince Saud al-Faisal, the Saudi Foreign Minister. Image courtesy of naharnet.com
11:07 GMT

Saudi Arabia's foreign minister and his French counterpart expressed concern over the situation in Syria, and called for immediate and urgent action in the war-torn country.

The new procedure adopted by the Ministry of Haj during the upcoming month of Ramadan is based on grouping Umrah performers into two groups to ensure pilgrims do not exceed the permitted 14 days in the Kingdom
10:42 GMT

Hotels, Umrah operators and aviation firms will incur SR 5 billion in losses due to the Haj Ministry’s recent decision to limit the validity of Umrah visas to 14 days, according to the estimates of the National Committee for Haj and Umrah (NCHU).

Tadawul All-Share Index (TASI) finished with a nominal decline of 0.08 percent yesterday
10:35 GMT

Despite an upward jump (+16.5 points) after the opening bell, the Tadawul All-Share Index (TASI) finished with a nominal decline of 0.08 percent yesterday.

Ahlam has a stage presence already. Why not become a preacher?
08:09 GMT

Tweets between controversial Saudi cleric Mohammad Al Arifi and super celebrity Ahlam ignite intense debate across Gulf countries. Is Ahlam about to have a major career change?

June 10, 2013

YouTube screen-grab of the Indonesian consulate in Jeddah, Saudi Arabia on Sunday
14:52 GMT

Indonesian consulate set on fire as thousands of expatriate workers amass in bid to sort out their employment papers

Emaar launches new residential project
05:30 GMT

Emaar Properties has unveiled its newest residential development in the city.

June 7, 2013

Saudi Arabia’s Grand Mufti Abdul Aziz al-Asheikh. Image courtesy of pomed.com
06:00 GMT

The Grand Mufti of Saudi Arabia has called for jihad against the Lebanese Shiite group Hezbollah, echoing the sentiments of top Muslim cleric Sheikh Youssef al-Qaradawi

June 6, 2013

Is he gonna laugh at you this time, or make you a star? Ahmed Helmy's Arabs Got Talent's new judge.
09:58 GMT

Watch out, Arabia, Ahmed Helmy is gonna be checkin’ out your mad skillz on ‘Arabs Got Talent’. Say goodbye to Saudi comedian Naser Al Qasabi ‘cause Ahmed is comin’ to town and joining the judging committee for the talent's show's third season.

The CITC had announced earlier this year that it was watching Viber and other free Internet communications sites, including WhatsApp and Skype.
05:30 GMT

Expatriates are likely to find it more difficult to stay in contact with their loved ones at home with the banning of Viber by Saudi Arabia's telecommunications regulatory authority.

June 5, 2013

Consumers in the Kingdom are often hit hard with seasonal price increases
11:24 GMT

With the holy month of Ramadan around the corner, the Consumer Protection Association (CPA) has launched a campaign to monitor the prices of essential goods in an effort to control seasonal price increases.

June 4, 2013

Saudi Arabia opens first sports centre for women
14:07 GMT

Saudi Arabia’s first dedicated sports centre for girls has been formally opened, heralding more steps for women’s empowerment in the country.

Two Saudi Arabian men have been beheaded over charges of murder.
13:39 GMT

Two Saudi Arabian nationals have been beheaded over separate charges of murder, the Saudi interior ministry announced on Tuesday.

Its trading range expanded to 106 points as compared to 42 points of previous day
11:08 GMT

It turned out to be largely positive for investors yesterday, as Saudi Arabia’s benchmark stock index recorded a handsome gain of 1.14 percent, which is the highest increase during last two weeks.