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Dammam-based company cited a cement export ban and market conditions for its decisions
New JLL report also says residential transactions in Riyadh, Jeddah are down 5% in 2015
Defendants reportedly include 30 employees of Saudi Binladen Group and ten government officials
The developer, which has a long-term debt of over $2bn, said its sustainability depended on finding funds to repay short-term debts
Saudi Arabia is trying to develop alternative sectors with state finances under heavy pressure from low oil prices
London-based Mossessian Architecture wins competition to design building dedicated to the Islamic faith
Saudi Arabian Mining Co says quarterly performance is impacted by lower product prices
Authorities will keep tight controls on how the companies use the money they raise from the sales
Consortium including Saudi Arabia's ACWA Power signs investment deal for thermal power plant
Welcome to the 12th edition of the Arabian Business Rich List, our annual countdown of the 50 wealthiest Arabs.
The Middle East has accrued scores of new millionaires and billionaires in the past few decades, but too few are putting their money to good use.
Jeddah and Dubai also in global top 20, says Arcadis which adds GCC region still benefiting from cheap labour
Contract is part of oil company's plan to build more than 8,000 employee homes as well as schools, community facilities
ITP Executive publishes six magazine titles, including Arabian Business (English and Arabic...
Underwater tennis stadiums, Bill Gates and tax issues also proved popular
Event recognised 12 winners from across the length and breadth of Saudi industry
Mohammad Bin Rashid Al Maktoum Global Initiatives is an umbrella body which will also focus...
Sheikh Rashid bin Mohammed bin Rashid Al Maktoum, who died of a heart attack on Saturday morning...
Sisters turn their passion for cycling into a social enterprise designed to help children living...
Firm uses the power of film to draw attention to important societal issues and inspire UAE...
The Arabic entertainment firm has been chosen as one of Apple’s most noteworthy gaming apps...
Her online tutorial portal recently won Infiniti's international start-up competition worth...
I think this is a good initiative. I think that the GCC should be united as their own region and if an employee violates the law in one GCC country, then... more
Another blow to Dubai's credibility in the eyes of private real-estate investors. First: Dubai Properties includes a beach park and beach club as part... more
By the look of it 1,000 people many of whom are pretty brand savvy. In the most highly recognised report on brand value in the world, the Brand Finance... more
Markets go up and come down. Everywhere. Dubai is no exception. But look at rents here and imagine if you are an investor the sort of ROI you will get... more
There will be a very big problem to solve: what to do with all the native Brits that don't speak their own mother tongue properly? more
Every Start-up has its own challenges. For the most part, I find the environment very supportive here in the U.A.E., with the exception of the interaction... more