December 31, 2012
Bahrain has signed six financing agreements totalling $448 million with the Saudi Development Fund to support a number of infrastructure projects as part of the GCC Development Programme.
December 30, 2012
Saudi Arabia’s council of ministers on Saturday agreed a record budget for 2013 with revenues expected to hit $221 billion (167 billion euros), state television Al-Ekhbariyah said.
December 27, 2012
A group accused of plotting attacks in multiple countries has been dismantled by the UAE's security authorities.
December 26, 2012
Egypt’s bourse fell on Tuesday due to a weak outlook for economic policy, and all other Gulf markets also declined as investors booked profits ahead of the year-end.
December 24, 2012
The legendary Saudi singer turns down a place on the Kuwaiti festival line-up with a poor excuse.
December 23, 2012
The editor of a liberal Saudi site, designed to allow religious discussion, is arrested and could face the death penalty.
December 20, 2012
A Saudi ‘Gangnam Style’ parody is among the most popular YouTube videos this year in the MENA region.
Saudi Arabia has signed new contracts for water and power to boost supply to Madinah and Yanbu, in a deal worth $4 billion.
Saudi Arabia has joined several other countries in the MENA region, including Jordan and Egypt in banning beef imports from Brazil over health concerns.
December 19, 2012
Despite plans for so-called 'Saudization' of the Kingdom's workforce, unemployment is on the rise, reaching almost two million, a half a million increase on 2011 figures.
December 18, 2012
Details emerge of how protestors have been treated by the Saudi authorities via Twitter user, @mujtahidd, widely believed to be a Saudi intelligence insider.
In a statement to the Tadawul, Saudi Arabian Mining Company (Maaden) announced the signing of a revolving Murabaha finance facility with a tenor of five year.
December 17, 2012
Popular Saudi singer Mohammed Abdu has hit out at rumors that he has put an end to performing because of ill health.
‘Wadjda’ by Haifa Al Mansoor has won Best Arab Feature Film at the ninth edition of the Dubai International Film Festival.
December 16, 2012
Non-oil exports from Saudi Arabia to the GCC almost halved in October this year, according to the Kingdom's Central Department of Statistics and Information (CDSI).