Saudi economy

Airline body IATA to open Saudi office but denies it will be regional HQ
Middle East

Airline body IATA to open Saudi office but denies it will be regional HQ

CAIRO, July 7 (Reuters) – Saudi Arabia said on Wednesday that global airlines industry body IATA had agreed to open…
Saudi Arabia plans spending cuts to trim deficit amid virus
Middle East

Saudi Arabia plans spending cuts to trim deficit amid virus

DUBAI, United Arab Emirates (AP) — Saudi Arabia plans to cut more than seven percent in spending next year, the…
Saudi Arabia cuts off travel over virus as markets tumble
Middle East

Saudi Arabia cuts off travel over virus as markets tumble

DUBAI, United Arab Emirates (AP) — Saudi Arabia closed off air and sea travel to nine countries affected by the…
Saudi Aramco gains 10% in debut to clinch top seat at $1.8T
Business

Saudi Aramco gains 10% in debut to clinch top seat at $1.8T

RIYADH, Saudi Arabia (AP) — Saudi Arabia’s oil company Aramco gained 10% in its first moments on the stock market…
Saudi prince’s ambitions hinge on triumphant Aramco sale
Middle East

Saudi prince’s ambitions hinge on triumphant Aramco sale

RIYADH, Saudi Arabia (AP) — Saudi Arabia is expected to set a new record for the largest stock flotation in…
Saudi Arabia joins emerging market indexes, giving it access to billions of dollars
Middle East

Saudi Arabia joins emerging market indexes, giving it access to billions of dollars

New York (CNN Business) — Saudi Arabia has officially been elevated to an emerging market, a milestone that should steer billions…
Saudi billionaire Prince Alwaleed bin Talal released – family sources
Middle East

Saudi billionaire Prince Alwaleed bin Talal released – family sources

Saudi Arabian billionaire Prince Alwaleed bin Talal has been released from detention, family sources said on Saturday, more than two…
Saudi Arabia calls for extending non-OPEC cooperation
Middle East

Saudi Arabia calls for extending non-OPEC cooperation

Saudi Arabia’s Energy Minister Khaled al-Faleh on Sunday called for extending cooperation between OPEC and non-OPEC oil producers beyond 2018…
Saudi Arabia, UAE introduce VAT in push to boost revenue
Middle East

Saudi Arabia, UAE introduce VAT in push to boost revenue

Saudi Arabia and the United Arab Emirates welcomed the new year on Monday with a series of measures aimed at…
Saudi’s NCB plans to raise capital with 10 billion riyal bonus share issue
Middle East

Saudi’s NCB plans to raise capital with 10 billion riyal bonus share issue

Saudi Arabia’s National Commercial Bank (NCB), the kingdom’s largest lender, said on Sunday its board had proposed increasing the bank’s…
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