Saudi Arabia

January 14, 2014

A vehicle owned by the German embassy was hit by gunfire from unknown assailants in Awwamiyya town. [firstpost]
09:21 GMT

Unknown gunmen fired on German diplomats in the Eastern Province of Saudi on Monday.

Crown Prince Salman Bin Abdulaziz Al-Saud [AFP]
05:20 GMT

The Council of Ministers, chaired by Crown Prince Salman, has rejected the Israeli settlement plan to construct in the West Bank claiming it would end all peace efforts.

January 13, 2014

On the other hand, real estate expert Marie bin Mubarak bin Mahfooz said real estate prices will spike this year because of the increasing demand on lands and properties.
15:20 GMT

"The attractive investment environment in Makkah has become the focus of many real estate investors and venture capitalists who have moved to form large conglomerates, pumping huge liquidity in the market."

Thousands of expats were deported in 2013 yet local Saudis have been unable to fill their roles. [riyadhconnect]
10:05 GMT

After thousands of expats were deported from Saudi, the country is still working to fill the void left in their place.

January 12, 2014

Nearly 15,000 illegal workers have been arrested in the Eastern Province after the raids.
16:59 GMT

Since the beginning of the campaign on Nov. 4 following the seven-month amnesty, the ministry has denied about 50,000 private firms access to its services

January 9, 2014

Many South Asian Muslims apply for visas to come to KSA for the Prophet's (pbuh) Birthday (File Archive)
09:21 GMT

Saudi Arabia has raised airfares from India to Jeddah 150% ahead of Prophet Mohammad's (peace be upon him) birthday.

The Kingdom’s first high-speed passenger rail line was slated for completion by January 2014. But due it unavoidable circumstances the construction has been delayed.
03:55 GMT

Al-Ferraj said that the line’s station in Madinah is now 52 percent complete.

January 8, 2014

Prince Alwaleed bin Talal was ranked number one in Arabian Business Magazine’s World’s 500 Most Influential Arab list of 2013 (File Archive)
10:15 GMT

Prince Alwaleed bin Talal, the chairman of Kingdom Holding Company and one of the richest individuals in the world, was ranked number one in Arabian Business Magazine's Most Influential Arabs of 2013

The total sukuk issuances for 2013 were $120 billion. (Image credit: Shutterstock)
07:21 GMT

Qatar, Saudi Arabia and the UAE continue to witness strong growth this year with further sukuk issuances amounting to $1.5 billion.

Saudi Arabia previously held a conference on healthcare solutions earlier this year (File Archive)
06:51 GMT

Saudi Arabia's healthcare IT market is expected to rise by 11 percent annually, representing one of the fastest growing markets in the world.

January 7, 2014

Saudi Arabia’s Foreign Minister Prince Saud al-Faisal speaks to reporters during a visit to Pakistan on Tuesday, Jan. 8, 2014. [AFP]
17:39 GMT

Saudi Arabia’s foreign minister Prince Saud al-Faisal demanded on Tuesday that the opposition Syrian National Coalition be the only legitimate umbrella of the Syrian opposition, ahead of the planned Geneva II peace talks.

January 6, 2014

US Secretary of State John Kerry and Saudi Arabia's King Abdullah bin Abdulaziz al-Saud talk before a meeting at the King's desert encampment on January 5, 2014 [AFP]
15:26 GMT

U.S. Secretary of State John Kerry met with Saudi King Abdullah on Saturday as part of the U.S. diplomat’s regional talks on the frameworks for a peace deal between the Israelis and Palestinians.

Saudi Arabia's printing industry is the oldest and largest in the Gulf (Courtesy of Global Arab Network)
09:56 GMT

Saudi Arabia is home to the oldest and largest printing market in the Gulf...and it is still growing! Recent reports show that KSA's printing is growing 8 percent per annum and already has a net worth of $800 million.

Kerry met with Saudi Arabia's King Abdullah following his 4-day visit to Israel and the Palestinian territories last week (Brendan Smialowski/AFP)
06:36 GMT

Saudi leadership offered U.S. Secretary of State John Kerry "enthusiastic support" for his proposed peace accord that would begin to resolve the Israeli-Palestinian conflict.

January 5, 2014

The Saudi Ambassador in Cairo, Ahmed Kattan said, “Trade between the two states has continuously grown since the January 25th Revolution. It now exceeds $5bn.
16:31 GMT

Large numbers of Saudi businessmen expressed interest in investing in Egypt during the association’s launch party last Thursday.