Philip Hammond wrote a ‘flattering’ letter to Saudi Arabia’s finance minister days before setting out his intention to quit as chancellor before later taking a paid adviser role to the politician.
Practicing money exchange in Saudi Arabia without license forbidden
JEDDAH — The rules organizing the money exchange business forbid any natural or legal person from practicing money exchanging in the Kingdom without holding a valid license issued by the Saudi Arabian …
Saudi Arabia grants 71 new industrial licenses in August with $426.5mln investment
RIYADH — Saudi Arabia’s Ministry of Industry and Mineral Resources has disclosed that it granted last month 71 new licenses to firms having a combined total of SR1.6 billion capital and employing …
Association to establish new travel, tourism norms in Saudi Arabia
JEDDAH — In accordance with the goals of Saudi Vision 2030, an independent travel organization was launched in the capital on Friday. It is meant to serve as an official “umbrella” for travelers in …
Iran ranks 26 for share of hi-tech industries in national production
Iran is placed 26th worldwide for the share of its hi-tech industries in the national production, surpassing the regional countries such as Saudi Arabia, Qatar, and Turkey, according to the Global …
Bahrain Says It’s Time to Embrace Israel. The Gulf Hears a Saudi Voice.
Bahrain’s closeness to Saudi rulers makes it unthinkable the change in diplomatic ties happened without approval. But Saudi Arabia itself may not be in a rush to normalize relations with Israel.
US judge: Saudi royals must answer questions in 9/11 lawsuit
NEW YORK (AP) — Two members of Saudi Arabia’s royal family will have to answer questions about the Sept. 11 attacks in what lawyers for victims call a turning point in a long-running lawsuit, a …
Ethiopian migrants detained in Saudi Arabia return home
The Telegraph Nearly 150 women and children have been repatriated to Ethiopia from Saudi Arabia, following pressure from governments and human rights groups to release African migrants detained in …
Leading UAE group to hire hundreds of employees
Futtaim Group will open 100 stores of health and beauty retailer Watson and will recruit hundreds of employees for this new franchise. The new outlets will be opened in the UAE, Saudi Arabia, Oman, …
Here’s three reasons why Saudi Arabia won’t cut oil production any time soon
Saudi Arabia, the world’s largest oil exporter cut crude prices for sale to Asia to bolster demand among countries like China.