Saudi Arabia

January 21, 2015

The ambition was to save more crude oil for export.
15:00 GMT

Saudi Arabia is delaying by eight years its target of completing a clean-energy program that includes a $109 billion solar power project.

January 20, 2015

In early afternoon London deals, Brent North Sea crude for delivery in March fell 48 cents to trade at $49.69 per barrel.
12:50 GMT

Saudi Arabia can cope with low oil prices for "at least eight years", Saudi Arabia's minister of petroleum's former senior adviser has told the BBC.

January 19, 2015

NADEC registered SR 20 million in fourth-quarter net profit.
13:44 GMT

The National Agricultural Development Company (NADEC) achieved net profits amounting to SR 107 million net profits in 2014.

The Gulf’s largest listed company earned SAR4.36 billion ($1.16 billion) in the three months to Dec. 31 compared to SAR6.16 billion a year earlier,
04:55 GMT

Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemicals groups, reported a 29 per cent plunge in fourth-quarter net income on Sunday.

January 18, 2015

Security in the kingdom was increased after a Daesh attack, which killed a senior Saudi general last week. (AFP/File)
08:22 GMT

Saudi security forces have begun building a security wall along the border with Iraq in a bid to prevent potential attack from Daesh.

January 15, 2015

Moreover, it is costing employers money because they have to cover the expenses of unnecessary health checkups.
04:55 GMT

Forty-two percent of health institutes issue sick notes for employees who are not really ill.

January 14, 2015

Last year, Jeddah’s KAIA was ranked the world’s worst airport by a website called A Guide to Sleeping In Airports.
14:04 GMT

Saudi Arabia’s plans of privatisation come amidst a flurry of negative feedback it received about one of its airports.

January 13, 2015

Jeddah's old downtown area held its first ever Heritage Festival last year. (Image: Travelnewsdigest.in)
08:02 GMT

The cultural Jeddah heritage festival is kicking off this Wednesday, and will last for ten fun-filled days.

January 12, 2015

Iran's President Hassan Rouhani, his oil minister and other top officials have criticised Saudi Arabia for not backing steps to bolster prices.
04:55 GMT

Saudi Arabia is the world's largest crude exporter and the biggest producer in the 12-member Organization of the Petroleum Exporting Countries (OPEC).

January 11, 2015

The Saudi embassy will reopen in Baghdad for the first time in over 24 years. (Photo: AFP/File)
15:22 GMT

The Saudi embassy in Baghdad will reopen in two months' time, Iraq's Deputy Prime Minister has announced.

"Without doubt, cooperation of countries that are on the same line in OPEC can neutralise the plans of some powers who are against OPEC, stabilising a reasonable price for oil in 2015," Rouhani said. (Photo: Your Middle East.)
11:40 GMT

OPEC members Iran and Venezuela are reeling from a slide in the cost of crude to around $50 per barrel from $100 just six months ago

January 10, 2015

The attackers killed two soldiers and a senior officer at the Saudi border on Monday. (AFP/File)
04:53 GMT

According to the Interior Ministry of Saudi Arabia, three of the four gunmen who attacked the Saudi-Iraq border on Monday have since been identified as Saudi nationals. The attackers and three others were killed in the attack.

January 9, 2015

Raif Badawi will reportedly receive 50 lashes every Friday for the next 20 weeks. (AFP/File)
13:39 GMT

Saudi blogger Raif Badawi received 50 lashes in public for "insulting Islam", despite a global outcry from human rights groups calling for his release.

January 8, 2015

Saudi law permits the death penalty for crimes such as murder and drug trafficking. (AFP/File)
19:04 GMT

Saudi Arabia has beheaded a two men after sentencing them to death because of drug trafficking and murder.

January 7, 2015

The picture of Waed embracing hunky Clooney! (Image: Facebook)
16:16 GMT

Saudi singer Waed posted a picture of herself hugging George Clooney... When did that happen?