August 27, 2014
A plan by Saudi Arabia’s labour ministry to give two days off a week in the private sector is being shelved following tremendous pressure from investors and the business community.
Prince Faisal bin Salman said Medina is an investment-friendly province and called for young people to put their ideas into viable projects.
Research and consultancy firm Oxford Business Group published a new guide to Saudi Arabia's economy and finance.
Saudi and Iranian officials met for talks for first time since Hassan Rouhani was elected president in an effort to thaw relations between the two countries.
Children’s new bedtimes for school are keeping families away from entertainment venues, leading to a sharp dip in revenues following an extravagant 100-percent occupancy rate during Ramadan and Eid.
August 26, 2014
The Jeddah Chamber of Commerce and Industry is hosting a program for training Saudis with high school education or less in coordination with public and private sector agencies.
Saudi investments in the Sudan are expected to cross $13 billion (SR48.75 billion) in the next few months, particularly following a decision on canceling entry visas for Saudi investors.
August 25, 2014
Shi'ite Muslim Iran and Sunni Saudi Arabia are enmeshed in a struggle for influence across the Middle East and back opposing sides in conflicts across the region.
They say it's a sign of good hospitality when you offer visitors a cup of coffee! Saudi Arabia is the largest coffee consuming country in the world with an industry worth $267 million.
August 21, 2014
Saeed Al-Bassami,has revealed that Saudization is one of the main challenges facing the surface transportation sector in the Kingdom.
August 20, 2014
Labor Ministry spokesman Tayseer Al-Mufarrej said that the new arrangement was aimed at protecting the interests of both sponsors and workers during their contractual period of employmen
August 19, 2014
Saudi Arabia's Grand Mufti Sheikh Abdul Aziz al-Sheikh has strongly condemned ISIS in recent statements.
The Interior and Labor ministries have stepped up their campaign to drive out residency and labor rule violators across the Kingdom after arresting nearly 8,500 foreigners in the Makkah region over the past two months.
The Saudi Tadawul All Share Index rose 0.48 percent to close at 10,639.04 points, its highest finish since January 2008 and its 13th gain in the 15 sessions since authorities announced plans to allow direct foreign ownership of shares early next year.
August 18, 2014
Saudi Foreign Minister Prince Saud Al-Faisal met Sri Lankan Ambassador Mohamed Hussein Mohamed in Jeddah on Sunday to discuss strengthening bilateral relations.