Saudi Arabia

October 30, 2014

Al-Hilal squad
13:15 GMT

The well-known Saudi prince, Alwaleed Bin Talal Al Saud, tweeted days ago that he promises 100,000 Riyals or about $26,650 as bonuses to all of the players of the Saudi football team, Al-Hilal.

October 28, 2014

Mohammed Al-Issa told Al-Hayat newspaper on Sunday that other reasons included marriage conflicts, forgery, depression and ethical issues.
04:55 GMT

An average of 100 Saudis studying in the US are expelled from the country annually for various reasons, including violating immigration rules

October 27, 2014

Oil prices have fallen by a quarter since June as excess supply and weaker demand create a glut on world markets.
17:51 GMT

Gulf states, which have based their budgets on an oil price of $80 a barrel or less, are likely to remain relatively sanguine about current oil market conditions.

During the meeting, Hollande and Alwaleed discussed political, economic and cultural matters.
17:15 GMT

Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), attended recently a dinner at the French presidential palace, The Elysee, on the invitation of French President François Hollande.

October 26, 2014

Algerian health authorities have mobilized medical workers, medicine and equipment to their southern border to counter the spread of Ebola. There is a dedicated isolation unit at Si Haoues Hospital of Tindouf, and thermal detection devices have been set up at border crossings and Tindouf Airport. There have been no cases of Ebola in Algeria.
14:34 GMT

How the Middle East is managing the Ebola menace

Oil prices had an impact on SABIC’s earnings through the prices of raw materials and final products
13:38 GMT

The recent decline in global oil prices will prove temporary even if it lasts a year or so,the chief executive of Saudi Basic Industries Corp said on Sunday.

Supply to the market – both domestically and for exports – may differ from production depending on the movement of barrels in and out of storage.
04:55 GMT

The dip in supply comes when some in OPEC have called on its biggest producer to cut back output to support oil prices.

October 24, 2014

The transaction completes the financial restructuring of Doux that filed for insolvency over two years ago.
20:59 GMT

The Saudi-Arabian food group Almunajem has taken a stake of 25 percent in the French poultry producer Groupe Doux.

October 23, 2014

Saudi King Abdullah bin Abdul Aziz. [AFP]
10:12 GMT

Billionaire Saudi businessman Alwaleed bin Talal has admitted to the kingdom’s support for the IS terrorists who fight against the Iraqi and Syrian governments.

French President Francois Hollande walks with Saudi Crown Prince and Defence Minister Salman bin Abdul Aziz al-Saud before a meeting in Paris, September 1, 2014 (AFP/File)
09:57 GMT

Saudi Arabia's Minister of Defense, Prince Salman, said the military would continue to protect Islam's holiest sites from potential attacks.

October 22, 2014

One-year dollar/Saudi riyal forwards jumped to 90.0 points, their highest level since a peak of 91.50 points hit in March 2011.
11:44 GMT

The dollar demand had pushed the Saudi riyal’s spot rate unusually far beyond its peg of 3.75 against the dollar.

The accused terror cell members had planned to attack U.S. forces in Kuwait (U.S. Central Command file photo).
10:18 GMT

The individuals had planned to attack U.S. military personnel in Qatar and Kuwait.

October 20, 2014

 North America's shale boom has started to squeeze Saudi oil out of the US market,
23:21 GMT

Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years.

The two governments signed the neutral zone agreement almost 50 years ago.
04:55 GMT

A Kuwaiti oil trade union on Sunday condemned the unilateral closure by Saudi Arabia of an offshore oilfield jointly operated by the Arab neighbours

October 19, 2014

The Houthis captured Tawwal border crossing in Hajjah Province on Saturday. They also took control of Wagha region in the same province. (AFP/File)
12:27 GMT

Shiite Houthi fighters have taken control of a crossing along Yemen's northern border with Saudi Arabia.