Saudi Arabia

December 31, 2012

Bahrain has signed six financing agreements totalling $448 million with the Saudi Development Fund
10:16 GMT

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 has announced a record breaking $221 billion  budget for 2013
04:00 GMT

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

The group spanned both the UAE and Saudi.
05:26 GMT

A group accused of plotting attacks in multiple countries has been dismantled by the UAE's security authorities.

December 26, 2012

Stock markets across the region suffered a bad day yesterday
14:02 GMT

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

Mohammad Abdo
09:59 GMT

The legendary Saudi singer turns down a place on the Kuwaiti festival line-up with a poor excuse.

December 23, 2012

Saudi Deputy Defence Minister Prince Khaled Bin Sultan attends the 9th Special Operations Forces Exhibition and Conference (SOFEX) May 08, 2012 in Amman, Jordan. (Photo by Salah Malkawi/ Getty Images)
08:07 GMT

The editor of a liberal Saudi site, designed to allow religious discussion, is arrested and could face the death penalty.

December 20, 2012

Saudi Gangnam style! Parody of the most watched YouTube video was the most popular upload in the MENA region in 2012
13:49 GMT

A Saudi ‘Gangnam Style’ parody is among the most popular YouTube videos this year in the MENA region.

Saudi Arabia has signed new contracts to boost energy and water production in the Kingdom
08:44 GMT

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 and other MENA countries have banned the import of Brazilian beef over 'BSE' fears
05:51 GMT

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

Unemployment is on the increase in Saudi Arabia, despite plans efforts to try and increase the number of jobs
08:10 GMT

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

Saudi dissidents face harsh punishments in the Kingdom (image used for illustrative purposes).
11:00 GMT

Details emerge of how protestors have been treated by the Saudi authorities via Twitter user, @mujtahidd, widely believed to be a Saudi intelligence insider.

Saudi mining company Maaden has signed a billion-dollar financing package
10:22 GMT

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

Mohammed Abdu (Photo: grorbnat)
11:05 GMT

Popular Saudi singer Mohammed Abdu has hit out at rumors that he has put an end to performing because of ill health.

Juma Al Sahli
07:50 GMT

‘Wadjda’ by Haifa Al Mansoor has won Best Arab Feature Film at the ninth edition of the Dubai International Film Festival.

December 16, 2012

Saudi non-oil exports to the GCC have almost halved
10:30 GMT

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).