November 14, 2013
As Saudi is going deportation crazy, we take a look at the short-sightedness of kicking out its cheap labor force in a panel of predictions on how the KSA might suffer, cold Turkey, without its imported workers.
Recent reports released this week show that Saudi Arabia is the leading private equity destination in the region.
November 13, 2013
Saudi Arabia officially turned down its seat on the UN Security Council as the Kingdom's envoy sent UN Chief Ban Ki-moon a letter informing the international body of its decision.
Saudi Arabia won a seat on the UN Human Rights Council Tuesday despite KSA's recent crackdown in the last weeks on foreign workers.
November 12, 2013
Sotheby’s International Realty Affiliates LLC announced Monday that it signed a 25-year agreement to develop Sotheby's brand throughout Saudi Arabia, Bahrain, and Kuwait opening its first office in Riyadh later this month.
November 11, 2013
Saudi Prince Alwaleed Bin Talal and Kingdom Holding Company reported that their combined investment in Twitter increased to 200 percent on the first day of trading.
November 10, 2013
Two killed in violence during post amnesty period for Saudi workers.
November 7, 2013
A water crisis is looming in this port city as many drivers of water trucks have stopped working fearing arrest.
The Wealth-X and UBS Billionaire Census report released this week ranks Saudi Arabia as the country with the most billionaires in the Middle East with 64 individuals claiming the title. Riyadh ranked first at the city level, with UAE and Dubai following in second.
November 6, 2013
British company EC Harris Mace has won the contract to provide project management services for the Kingdom Tower project in Jeddah.
For decades Germany declined to sell heavy weapons to Saudi Arabia because of concerns over human rights and fears for Israel's security.
November 5, 2013
Workers in unskilled positions, part-time office workers under the sponsorship of their parents and international schoolteachers have been particularly hard hit.
Saudi Build 2013, the only construction trade show in KSA accredited by UFI, was launched this week in Riyadh. 850 exhibitors from 35 different countries are expected to attend to share the latest insights and trends of the construction industry.
Thousands of illegal workers were apprehended and await their final exit from the Gulf country.
November 4, 2013
With the amnesty period ending today, Saudi Arabia is now officially criminalizing those looking to make a living.