Saudi

IMF did not recommend Saudi Arabia VAT tripling

Saudi Arabia tripled VAT this month to 15% as it seeks to bolster state finances… Read More

Britain says it can restart Saudi Arabia arms export licences

Britain can once again issue new licences to export arms to Saudi Arabia after complying… Read More

Saudi journalist Khashoggi’s family forgives killers

Khashoggi’s fiancee Hatice Cengiz also condemned the pardon, tweeting: “Nobody has the right to pardon… Read More

Oil up after Saudis pledge deeper output cuts

Oil prices rose on Tuesday after an unexpected commitment from Saudi Arabia to deepen production… Read More

Saudi Arabia triples VAT, suspends handouts

Saudi Arabia unveiled plans Monday to triple its value added tax and halt monthly allowances… Read More

Saudi Aramco seeking to review price of SABIC deal: sources

Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals… Read More

Saudi foreign reserves fall at fastest in at least two decades

Saudi Arabia, the world’s largest oil exporter, is facing an unprecedented challenge this year as… Read More

Mexican president’s oil vision fuels standoff with Saudis

Mexico has kept the oil industry on tenterhooks by resisting Saudi pressure to sign up… Read More

Saudi Aramco appoints Mark Weinberger to board of directors

Weinberger was the global Chairman and CEO of EY (previously known as Ernst & Young) from… Read More

Saudi Arabia, Russia raise stakes in oil standoff

The clash of the two oil titans sparked a 25% slump in oil prices on… Read More

Saudi Arabia extends travel ban to Oman, France, Germany, Turkey and Spain

SPA said people coming from these countries - or who have visited any of them… Read More

Saudi Arabia to host world’s richest horse race

The kingdom has in recent years invested heavily in sporting events. Read More

Saudi Aramco makes a huge announcement

Saudi Aramco is launching the biggest shale gas development outside of the United States to… Read More

Saudi fighter jet crashes in Yemen

The Tornado aircraft came down on Friday in northern Al-Jawf province during an operation to… Read More

Expatriates who flout this ban face being barred from returning to Saudi Arabia

Expatriates who flout the ban face being barred from returning to the kingdom Read More

Saudi Arabia’s SABIC posts fourth-quarter loss

SABIC’s first quarterly loss in more than a decade, sparked by lower average selling prices… Read More

Saudi prince may have been involved in Bezos phone hacking

Saudi Crown Prince Mohammed bin Salman may have been involved in a plot to hack… Read More

Saudi energy minister: We want sustainable oil prices

Prince Abdulaziz bin Salman said it was too early to talk about whether the Organization… Read More

Saudi Arabia’s largest and longest debt saga could be nearing a resolution

Saudi Arabia’s largest and longest debt saga, fuelled by a feud that has split one… Read More

Saudi Arabia uses sports ‘soft power’ as lever of influence

Saudi Arabia's hosting of the Dakar Rally this month is just the latest international sporting… Read More