A Saudi-led coalition has started a military operation against Yemen’s Houthi movement after Houthis stepped up cross-border missile and drone attacks on Saudi Arabia, Saudi state television reported …
Late Action on Virus Prompts Fears Over Safety of U.S. Diplomats in Saudi Arabia
Surging outbreaks in the U.S. Embassy and the kingdom and quiet congressional pressure led the State Department belatedly to allow voluntary departures. Some demand more action.
Saudi Arabia may raise August crude oil prices to Asia: survey
Top oil exporter Saudi Arabia may raise its August official selling price (OSP) for crude sold in Asia, hiking for a third straight month due to rising Middle East benchmarks and a rebound in Asian …
Saudi Bank Merger Points to Trouble at Heart of the Economy
When Saudi Arabia last saw a merger of two of its biggest banks, the oil price was recovering from a dramatic slump, the kingdom was in the midst of a deep recession and its debt exceeded the size of …
Saudi Arabia’s latest VAT hike a ‘triple whammy’ for country: CEO
Tarek Fadlallah from Nomura Asset Management explains how Saudi Arabia’s “virtually unprecedented” VAT hike will impact the kingdom and the broader Gulf region.
Foster and Partners’ architects accused of climate betrayal over new airport in Saudi Arabia
Britain’s largest firm of architects has been accused of hypocrisy by environmentalists after it revealed designs for a second international airport in Saudi Arabia.Foster and Partners was already …
IMF Economic Forecasts More Pessimistic Than Saudi Arabia’s: Central Bank Governor
Saudi Arabia’s central bank governor said the International Monetary Fund’s economic contraction forecast for Saudi Arabia was “more pessimistic” than Saudi Arabia’s own forecasts.
Zain Bahrain launches 5G commercial services
This commercial launch in Bahrain follows the launch of 5G services in Zain Kuwait and Zain Saudi Arabia last year, said the statement from Zain. The new 5G service will enable customers to benefit …
Revealed: The UAE’s most powerful business families
UAE’s 21 families have been ranked among the Arab world’s 100 most powerful family businesses, which is second highest in the region after Saudi Arabia. According to Forbes Middle East, Saudi Arabia …
IMF economic forecasts more pessimistic than Saudi Arabia’s – c.bank governor
Saudi Arabia’s central bank governor said the International Monetary Fund’s economic contraction forecast for Saudi Arabia was “more pessimistic” than Saudi Arabia’s own forecasts.