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.
Although the World Bank may have said that Saudi Arabia has the least poverty in the region, the Kingdom is actually host to thousands living in abject poverty and struggling to make ends meet.
Saudi Arabia will begin deporting migrant workers without correct visa and residency status Monday.
John Kerry, on one of several stops on his Middle Eastern tour, has just landed in Saudi and will be expected to discuss Middle Eastern relations overall with local Saudi leadership.
The Saudi Ministry of Finance announced that the country's electronic payment system, SADAD now caters to approximately 29 million users, making it the second largest system of its kind in the world.
The online travel market in Saudi Arabia is growing at a rapid pace and internet bookings are expected to exceed $1.9 billion in 2014, according to a study.
November 3, 2013
The governor of Riyadh told reporters Saturday that work on the KSA capital's metro will begin within months.
A World Bank report ranks Saudi Arabia as having the tenth lowest poverty rate worldwide.