Saudi Arabia

August 12, 2014

A handout picture released by the Saudi Press Agency (SPA) shows Egypt's President Abdel Fattah al-Sisi during his meeting with Saudi Arabia's King Abdullah bin Abdul Aziz al-Saud during their meeting in the Red Sea port of Jeddah on August 10, 2014. [AFP]
11:59 GMT

Egyptian President Abdel-Fattah El-Sisi met with Saudi Arabia's King Abdullah late Sunday where they reportedly tackled the restive situation in various countries in the Arab world.

August 6, 2014

The deadly Ebola virus causes massive internal bleeding and has no cure. (AFP/File)
18:30 GMT

A Saudi Arabian national has died after returning from Sierra Leone and is being tested for the Ebola virus.

The goal of labor policy is full employment of the Saudi workforce, the report stated.
12:19 GMT

“Carrying out employment strategy requires providing the necessary resources to carry out mechanisms within a specific timeframe,” the ministry said.

August 5, 2014

King Abdullah spoke with former President Michel Sleiman on Tuesday, voicing support for Lebanon's army against terrorists (File/AFP)
13:46 GMT

Saudi's King Abdullah pledged to speed up military assistance to the Lebanese army in a bid to tackle dangerous clashes with militants in Arsal.

t the moment foreigners cannot directly own Saudi Arabian stocks. But they can enter into a complex proxy arrangement whereby a Saudi national owns the shares but they benefit from the share price movements and dividends.
04:55 GMT

Foreign investors spend a total of $941 million on Saudi proxy shares last month, more than double the amount in June after an announcement promised full ownership rights early next year.

August 4, 2014

The project, located on Saudi Arabia’s Red Sea coast, received a formal go-ahead from the parent firms in 2012.
20:15 GMT

However, it added that both Aramco and Sumitomo would continue to guarantee finance needed to build the project.

August 2, 2014

Photo used for illustrative purposes (AFP).
08:10 GMT

Approximately 70 Ethiopians escaped from a detention center in Riyadh, despite the center´s being heavily monitored by surveillance cameras.

July 31, 2014

The report additionally forecast that Saudi oil reserves will rise to as much as 273 billion bbls by 2017.
04:55 GMT

The country has maintained high oil production and exports by historical standards in the first half of this year.

July 23, 2014

Economists hope the announcement will diversify Saudi Arabia's stock market (File/AFP)
08:21 GMT

Investors have welcomed a Saudi Cabinet decision to allow direct foreign investment in the country's stock market, with the move being seen as an attempt to diversify the economy away from oil.

July 22, 2014

Doha's top leader Emir Sheikh Tamim bin Hamad al-Thani arrived in Jeddah Tuesday (File Archive)
19:53 GMT

Qatar's top leader arrived in Saudi Arabia Tuesday in a rare visit since a major rift developed between Doha and Riyadh earlier this year.

July 21, 2014

The report states that the electricity tariff in Saudi Arabia is the lowest in the world because of governmental loans and support to electricity production companies through supporting fuel prices.
21:04 GMT

Saudis pay the cheapest electricity bills, according to one report, but seemingly not for long.

Security forces are only allowing Umrah pilgrims wearing “ihram,” the pilgrimage attire, to enter the Grand Mosque (AFP/ File).
16:30 GMT

Mecca authorities are only allowing Umrah pilgrims wearing "ihram" pilgrimage attire to enter the Grand Mosque.

“Saudi businessmen who visit Jordan for investment and trade often fall victim to fraud,” he explained, adding: “We strongly advise our citizens to seek legal consultation here in the embassy free of charge.”
15:10 GMT

“Houses and farms are still being maintained and have been registered via official documents since the Saudi Embassy had been established in Damascus,” he said.

Waad is in a state of shock following the death of her brother. (Image: Facebook)
08:20 GMT

Saudi singer Waad has sadly announced the death of her brother.

The report also stated that the ministry is finding it difficult to employ experienced expatriates due to the low salaries being offered to them.
03:00 GMT

The Ministry of Municipal and Rural Affairs has criticized the Saudization scheme of replacing expatriate employees with Saudi nationals, which has resulted in a shortage of experts in many positions.