Saudi Arabia

December 31, 2013

Analysys believe that over the long-run Saudization will be a positive for the retail sector. (Image credit: Shutterstock)
06:43 GMT

Saudization will lead to a short-term slowdown in the Retail sector due to lower demand and higher wages pressuring margins, NCB Capital said in its Q4 update report on the Saudi Retail secto

December 30, 2013

Pfizer will open new factories in KSA ready for production by 2015 (Courtesy of Business Week)
12:38 GMT

Pfizer, Inc. is setting up new factories in Saudi Arabia

Rail will drive an ambitious infrastructure development program in the GCC. (Image credit: Shutterstock)
07:43 GMT

Saudi Arabia is expected to build one of the world’s most sophisticated rail and metro networks in the next ten years.

In light of the repatriation of hundreds of Filipinos ahead of Christmas, Philippine Ambassador Ezzedin Tago expressed gratitude to King Abdullah and the Saudi Arabian government.
03:55 GMT

The repatriation of the Filipinos had been arranged by the Saudi Arabian authorities on two special flights on December 16 to 17.

December 29, 2013

The association aims to provide investment opportunities for Saudi investors in Egypt and to resolve the obstacles facing foreign investment, Secretary General of the association Ahmed Darwish said in the statement.
14:36 GMT

A number of Saudi investors in Egypt have faced hurdles as projects stalled following January 2011 revolution, but the the aim is to make these hurdles part of the past through establishing a new association.

The Saudi retail sector index jumped over 50 percent in the first nine months of 2013 (Shutterstock)
14:09 GMT

Saudi's retail sector was reported to be one of the "best performing sectors" in Saudi markets in 2013.

The French president will meet with both Hariri and Jarba in Saudi Arabia this week (Bertrand Guay/AFP)
13:54 GMT

French President Francois Hollande is scheduled to meet with former Lebanese premier Saad Hariri and Syrian opposition leader Ahmad Jarba in Saudi Arabia this week, according to announcements released Sunday.

With the help of KSA comedian Bader Saleh, 7UP hopes its new campaign will bring laughs--and profits--for the soda brand (Courtesy of You Tube)
12:56 GMT

7UP is partnering with Saudi comedian Bader Saleh as part of its new campaign to market the Pepsi product to young KSA consumers.

Yousef Al-Jarrah under supervision in the hospital. (Image courtesy of Alarabiya)
08:39 GMT

Yousef Al-Jarrah traveled to Chicago to attend a conference for International students, but things went downhill quickly when he suffered a heart attack and was placed in the intensive care unit at a hospital in the windy city.

December 27, 2013

Jeddah authorities are planning to spend $160 million in 2014 to ease traffic woes for its residents (File Archive)
12:00 GMT

KSA's Jeddah announced that it will spend $160 million to ease traffic congestion in its metropolitan area.

December 26, 2013

Raif Badawi, founder of the Free Saudi Liberals site, has been sentenced to seven years in jail and 600 lashes by a Jeddah court, according to a tweet from his lawyer Waleed Abu Alkhair. [indexoncensorship]
20:24 GMT

After jailed blogger, Raif Badawi, was sentenced to 600 lashes, a Saudi judge has recommended that he be charged for apostasy which carried the death penalty if convicted.

Last December, Toyota said it had agreed to pay about $1.1 billion (€800 million) to settle a class action lawsuit launched by US vehicle owners affected by the series of mass recalls from the automaker.
15:30 GMT

A fatal crash involving claims of unintended acceleration sparked huge global recalls and badly dented the company’s reputation for safety.

The BMW 7-Series V12 Bi-Turbo Special Edition can accelerate from 0 to 100 km/h in 4.6 seconds and can reach a top speed of 250 km/h (Courtesy of Car Scoop)
13:18 GMT

the BMW 760Li V12 M Bi-Turbo was launched on the Saudi Market this week.

Natural gas supplied by Aramco is expected to double next year. (Image credit: Shutterstock)
09:19 GMT

Higher prices and improved demand outlook are expected to increase the 2014 year-on-year earnings of top 10 Saudi Arabian petrochemical companies.

Hamza Hawsawi, also known by his stage name “Ayzee”, is one of the Kingdom’s most talented R&B singers. (Image: Arabnews)Ay
23:48 GMT

Arab News interviews Saudi's R&B singing sensation "Ayzee."