December 9, 2014
Under new laws for public taxis that come into effect in 45 days, commuters in the Kingdom will no longer hail cabs on the streets.
The Ministry of Education ordered the closure of 17 international schools and issued warnings to 32 others last year for violating local laws.
December 8, 2014
Saudi Arabia’s King Abdullah bin Abdulaziz has carried out an extensive cabinet reshuffle.
The construction and building firms listed in Saudi Arabia saw their net profits plunge by 39 per cent to reach SR528 million ($140.6 million).
December 7, 2014
Saudi Arabia has detained 135 people whom it has accused of planning to carry out terrorist activities and destabilizing the country’s security, the Saudi Interior Ministry says.
Standard and Poor's has lowered the outlook for Saudi Arabia to stable from positive and Oman to negative on sliding oil prices.
Global oil prices slid further on Friday, with Brent on track for the first weekly close below $70 a barrel since 2010.
December 4, 2014
“The Saudis’ approach is that ‘we’ll step back and let Yemen see the consequences of their choice of the Houthis and eventually they’ll come to their senses’.
Saudi Foreign Minister Prince Saud Al-Faisal said that the fight against Islamic State of Iraq and Syria cannot be waged by aerial bombing alone during a speech to representatives of the US-led anti-ISIS coalition on Wednesday.
As recently as last month, the International Monetary Fund predicted Saudi Arabia would enjoy a fiscal surplus of 1.6 per cent of gross domestic product in 2015. Now, private economists are talking of a deficit of over 1 per cent..
December 3, 2014
Jeddah tops in medical errors, with gynecology and maternity cases taking the top slot.
Zain Saudi, Saudi Arabia’s No.3 telecom operator, said on Tuesday that a SAR2.2 billion ($586.28 million) claim from Mobily was unfounded.
December 2, 2014
Saudi Arabia said on Monday that its oil policy was based on economic principles, as speculation continued to swirl after last week’s OPEC meeting of political motives aimed at other producers.
Supporters of ISIL claimed responsibility for the shooting of a Danish national in Saudi Arabia last week, according to the SITE monitoring group.
December 1, 2014
Saudi Arabia’s healthcare market, although growing steadily, has been largely restricted by local ownership rules