Dubai’s toll gate operator will distribute total dividend of $150 million for second half of the year, equivalent to 7.3338 fils per share
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Saudi Arabia’s Ceer awards contract for $1.3bn electric vehicle manufacturing facility
Ceer awards major contract to build electric vehicle complex at King Abdullah Economic City in Saudi Arabia
WEE Marketplace secures $10mn funding from Dubai firm
The company said it is actively exploring the possibility of an IPO in the MENA region
The importance of diversity and inclusion in boardrooms
Having a broad range of perspectives through diversity and inclusion can help organisations and their management recognise new strategic goals, and areas of opportunity that will provide value to the people they serve
Saudi jobs: Top 15 companies to work in, LinkedIn reveals
Saudi Aramco dropped to third this year, overtaken also by Red Sea Global which retained its second place standing
Saudi Arabia approves new law to protect whistleblowers, witnesses, experts, victims
The law aims to provide security and protection to witnesses, victims, whistleblowers, experts, and their families from any form of threat
How Crown Prince Mohammed aims to transform Saudi dietary habits
Saudi Arabia aims to tap the Scottish Highlands to change dietary habits in a place where lamb dominates and hypertension, heart problems and diabetes affect one in five people
Saudi Arabia announces biotechnology strategy, to boost health, food security and GDP
Saudi Arabia launches National Biotechnology Strategy as it looks to assume leading position in sector
BNP to advise on $7bn Saudi power plant sale – sources
Privatisations could exceed $350 billion over the next five years
In pictures: Japan PM Shinzo Abe meets King Salman in Riyadh
Japan’s Abe also met Crown Prince Mohammed bin Salman at the ancient site of AlUla.
Pompeo arrives in Saudi Arabia for Iran crisis talks
Pompeo will meet with King Salman and Prince Mohammed bin Salman, before flying for talks in the United Arab Emirates
Hollywood star Travolta visits Saudi Arabia as cinema ban lifts
General Authority of Entertainment also hosts rapper Nelly as kingdom shows it is ‘open to the world’
Saudi Crown Prince to launch King Salman Energy Park project
By 2035, King Salman Energy Park is expected to contribute $5.87bn to Saudi Arabia’s GDP and create up to 100,000 jobs
Gallery: India’s Prime Minister arrives in Bahrain
His Majesty the King of Bahrain Shaikh Hamad bin Isa Al Khalifa welcomes Indian Prime Minister Narendra Modi, who arrived on a two-day visit to the Kingdom of Bahrain
Gallery: King Salman receives Crown Prince of Dubai
Crown Prince of Dubai and Chairman of Dubai Sports Council His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum meets Saudi Crown Prince His Highness Prince Mohamed bin Salman bin Abdulaziz Al Saud in Jeddah.
In pictures: 39th session of the GCC summit in Riyadh
King Salman bin Abdulaziz Al Saud, Custodian of the Two Holy Mosques and King of Saudi Arabia, chaired the 39th session of the council in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai at Al Diriyah Palace in Riyadh.
NEOM, Dubai Palm Jebel Ali, Creek Tower to draw foreign investors in 2024: Report
NEOM, UAE’s mega mixed-development projects, infrastructure advancements, and renewable energy initiatives are attracting substantial FDI and UK to Middle East investment in 2024
Video: Saudi Crown Prince Mohammed bin Salman’s visit to India
Last week, Saudi Crown Prince Mohammed bin Salman travelled to India, where he meet with a number of high-level officials including Indian Prime Minister Narendra Modi.
Turkey’s President Erdogan meets Saudi King and Crown Prince to revive economic ties: report
Erdogan’s trip follows a warming of relations with the UAE last year, which has already unlocked billions of dollars worth of potential business, including the UAE’s $4.9 billion currency swap deal with Turkey finalised in January 2022
Saudi Arabia creates industry ministry, replaces royal court chief
Bandar al-Khorayef, a top business executive, is appointed head of the new ministry of industry and mineral resources
Saudi Crown Prince appointed as Kingdom’s Prime Minister
The crown prince oversees many of Saudi Arabia’s major portfolios, including oil, defense, economic policy and internal security, while his father King Salman will remain head of state
In pictures: Farming of Atlantic salmon in the deserts of Dubai
A Dubai-based aquaculture business in Jebel Ali produces 10,000 to 15,000 kilos of organic Atlantic salmon every month.
Saudi Arabia said to start bond sale in bid to plug deficit
Gulf kingdom is raising the funds as Crown Prince Mohammed bin Salman visits France after a three-week tour of the US
Saudi Arabia names Princess Reema bint Bandar as first female ambassador
Prince Khalid bin Salman, the younger brother of the powerful crown prince who was appointed vice defence minister
Neom Airport planned for Saudi Arabia’s $500 billion mega-city
The futuristic city is expected to start taking shape in 2020, with the main city opening five years later
In pictures: Saudi Arabia’s King Salman meets US Secretary of State Mike Pompeo
Saudi King Salman Bin Abdulaziz Al Saud meets Mike Pompeo in Riyadh to discuss regional and international events
In pictures: Crown Prince of Dubai attends camel festival grand finale in Riyadh
The closing ceremony of the third King Abdulaziz Camel Festival (KACF) in the southern Al-Sayahad district of Al-Dahnaa near Riyadh is an annual cultural, economic, sports and entertainment festival in Saudi Arabia under royal patronage.
Saudi’s King Salman announces $1.9bn projects on latest leg of tour
King Salman praises plans to build an ultra-luxury tourism destination on the kingdom’s north-western coast
Saudi minister travels to US as Trump wavers on Iran, Yemen
Deputy Defence Minister Khalid bin Salman ‘will meet a number of officials to discuss bilateral relations and issues of common concern that support the security and stability of the region’
Saudi King Salman holidays in still unbuilt mega city NEOM
NEOM – billed as a regional silicon valley – will draw investments worth $500 billion from the kingdom’s vast Public Investment Fund, as well as local and international investors
Oman has not discussed any Gulf aid package, says Central Bank
Central Bank president Tahir Al Amri said that from the bank’s perspective, the answer is ‘categorically no’
Putin says Russia and Saudi Arabia will maintain oil cuts for as long as 9 months
Riyadh and Moscow ended years of animosity in 2016, joining forces to manage the global oil market in an effort to prop up prices
Saudi royals would face US visa restriction in new Senate bill
The travel restrictions in Risch’s bill would remain in place until the kingdom shows progress on human rights
Trump says Saudi purge targets were ‘milking’ country
Saudi authorities have hinted they could widen the crackdown
Saudi Crown Prince arrives in China as Asian tour rolls on
China overtook the US as the kingdom’s biggest trading partner in 2013
Saudi prince addresses questions of loyalty after London video
Prince Ahmed bin Abdulaziz Al Saud issues statement after ambiguous comments about Saudi king and crown prince
In pictures: Narendra Modi meets Saudi King and Crown Prince
Prime Minister Narendra Modi also delivered a keynote address at the 3rd Future Investment Initiative (FII) Forum on October 29 in Saudi capital Riyadh.
Saudi king will not relinquish throne, senior official says
Abdication is unthinkable, the senior official said
Saudi Arabia partners with Huawei on smart Umrah and Hajj technology
The kingdom wants to improve the pilgrimage experience for Muslims participating in Umrah and Hajj
Saudi forces shoot down ‘toy drone’ near royal palaces
Remote-controlled drone shot down in Khuzama neighbourhood of Riyadh, home to royal palaces
Saudi defence ministry official arrested on bribery charges
Two other individuals were also taken into custody in relation to the case
British PM urges Saudi leaders to ease Yemen blockade
Theresa May holds talks with both King Salman and powerful Crown Prince Mohammed bin Salman
Apple ensures mixed-gender workplaces in Saudi Arabia – report
Apple launched its iPhone FaceTime video-calling system in the kingdom last week
Saudi crown prince to visit Indonesia next week
Prince Mohammed bin Salman’s two-day visit to the world’s biggest Muslim majority country kicks off Monday, with the prince’s second official visit to the archipelago
Saudi Arabia reveals plans for world’s first non-profit city
Prince Mohammed Bin Salman Nonprofit City will occupy an area of about 3.4 sq km in western Riyadh
US Secretary of State Mike Pompeo asks allies to step up on Iran surveillance
Pompeo said he was hoping that more than 20 countries, including the United Arab Emirates and Saudi Arabia, would work together on building maritime security
In pictures: Palestinian president Mahmud Abbas in Riyadh
Palestinian President Mahmud Abbas arrived in Riyadh to meet with Saudi Arabia’s King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman.
Trump to host Saudi Crown Prince at White House on March 20
The meeting comes as the 32-year-old crown prince seeks to build a defence industry
Lebanon’s Hariri meets Saudi king after resignation scandal
Prime Minister is also due to hold talks with powerful Crown Prince Mohammed bin Salman
Royal handouts to boost Saudis, but show struggle to revamp economy
Significant stimulus raises lots of question-marks about the overall strategy
Saudi Arabia moves to improve intelligence operations
Gulf kingdom creates three new government bodies in the wake of the murder of journalist Jamal Khashoggi
Saudi investments in India could reach $100bn, says crown prince
Saudi Crown Prince Mohammed bin Salman said IT was an area where he saw opportunities for Indian investment
US e-commerce giant Amazon makes hiring push in Riyadh
Move signals Jeff Bezos’s desire to expand in Saudi Arabia following a closely watched meeting with the crown prince
Aramco joins Saudi companies boosting pay after royal orders
‘Eligible employees’ will get an extra $267 a month for one year beginning in January