The hajj - one of the five pillars of Islam - which capable Muslims must perform at least once. (AFP/File)
February 27, 2017 - 14:00 GMT
Tehran on Wednesday sent a team for talks in Saudi Arabia on the next annual pilgrimage
Saudi Arabia’s Vision 2030 emphasizes the importance of nurturing female talent, and acknowledges women’s significant contribution to the development of Saudi society and economy. (File photo)
February 27, 2017 - 12:00 GMT
Attracting female talent, fostering an organizational culture that will retain them, and providing professional development tools to enable them to climb to top positions remain key challenges in Saudi Arabia.
The main objective of setting up Nomu was as an additional source of funding for issuers to access capital, and increased diversification and deepening of the capital market. (File photo)
February 27, 2017 - 05:11 GMT
The Tadawul has launched Nomu, a parallel equity market with lighter listing requirements than the main market.
An image from the first Saudi Arabian Comic-Con, hosted in Jeddah this year. [AFP]
February 26, 2017 - 14:34 GMT
Though the festival received positive reviews from attendees, some people in Saudi are not happy with this deviation from the status quo.
Saudi Aramco chairman and Energy Minister Khalid Al Falih comes in at number two. (AFP/File)
February 26, 2017 - 10:23 GMT
16 of the most powerful Arabs in Gulf Business‘ list of the Top 100 Most Powerful Arabs in 2017 originate from Saudi Arabia. Here are the top 5.
Aramco has asked JPMorgan Chase and Morgan Stanley to assist with its upcoming mammoth IPO and could call on another bank with access to Chinese investors. (File photo)
February 26, 2017 - 09:00 GMT
Ahead of its mammoth IPO, the Saudi oil giant is considering allowing local investors to buy shares for a lower price than offered to international investors.
Saudi Foreign Minister Adel al-Jubeir. (AFP/File)
February 26, 2017 - 09:00 GMT
Last year, Saudi Arabia reopened its embassy in Baghdad after 25 years.
Misr Italia Deputy Chairman Mohamed al-Assal said his company was no longer in contact with Saudi Arabia over the deal. (Shutterstock)
February 26, 2017 - 06:00 GMT
An agreement to build housing units in Saudi Arabia has been suspended by Egyptian investors over a "breakdown in communications" between the two countries.
This is for the first time a Saudi monarch is visiting Indonesia after the visit of King Faisal 46 years ago. (AFP/File)
February 23, 2017 - 12:00 GMT
King Salman will embark on a five-nation Asian tour next week, which includes the first Saudi royal visit to Indonesia in 46 years, and the first-ever Saudi royal visit to Japan.
A total of 133 private and international schools across the kingdom will soon shift to new buildings under construction following the new rules.  (YouTube)
February 23, 2017 - 10:00 GMT
The majority of Jeddah's private schools are affected by a new requirement by Saudi's Ministry of Education to move to buildings more suitable for education within two academic years.
Yemen’s President Abed Rabbo Mansour Hadi called on his government to focus on power, water, roads, health and education in retaken areas. (AFP/File)
February 23, 2017 - 05:33 GMT
Saudi Arabia has allocated $10 billion for the reconstruction of liberated provinces, including $2 billion as a deposit in the central bank to shore up the Yemeni riyal.
PepsiCo's CEO also confirmed that a new beverages plant is set to officially open in Dubai this month.  (Shutterstock/Ioan Panaite)
February 22, 2017 - 13:00 GMT
The PepsiCo beverages plant, set to open later this year in Jeddah, will manufacture the company’s wide portfolio of carbonates including Pepsi, Mountain Dew, Mirinda and Gatorade.
The appointments come in line with a goal outlined in the Saudi Vision 2030 reform plan to increase the participation of women in the workforce from 22 percent to 30 percent.  (Arab News)
February 22, 2017 - 11:00 GMT
Following Sarah Al-Suhaimi's appointment to chair the Tadawul, Rania Nashar has been named CEO of Samba Financial Group, and Latifa Al-Sabhan has been appointed chief financial officer of Arab National Bank.
The iconic actor is reportedly visiting the Kingdom in May. (Nanozine)
February 22, 2017 - 09:06 GMT
The iconic actor is reportedly visiting the Kingdom in May.
Round 1 RFQ documents can be viewed, downloaded, and responded to via the government eProcurement portal. (Shutterstock)
February 22, 2017 - 05:16 GMT
Saudi Arabia has opened the pre-qualification bidding process to local, regional and international developers for the first phase of its ambitious renewable energy program.
Saudi Arabia was the world's second-largest arms importer in the period 2012 to 2016, with an increase of 212 percent compared with 2007-2011. (File photo)
February 21, 2017 - 08:30 GMT
The Stockholm International Peace Research Institute, or SIPRI, said Monday the arms import figures for the Middle East accounted for 29 percent of global imports during the 2012-2016 period.