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29 May 2023

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Saudi, Kuwait firms in $2.2 bn alliance

Two Saudi and Kuwait companies have agreed to create a joint venture that will channel nearly SR8 billion ($2.2 billion

Filipino born in Saudi feels stranger at home

When Mohammed Hussein Dalinding of the Philippines left Saudi Arabia to his home country, he had thought he would feel


Indonesia recalls envoy to Saudi over execution

Indonesia recalled its ambassador to Saudi Arabia on Tuesday in protest over the execution of an Indonesian migrant


Shua'a Saudi unit eyes M&As

Shuaa Capital's Saudi unit said yesterday the investment bank wanted to secure up to 13 mandates this year to advise on

Cityscape Saudi sees SR14bn worth of sales

More than SR14 billion (Dh13.7bn) worth of deals were signed at Cityscape Saudi Arabia, according to organisers.


Saudi Arabian index down as Maaden IPO opens

Saudi Arabia's main index ended lower, dragged by Saudi Basic Industries Corporation (Sabic), as state-owned mining

Arabtec wins $1.33bn Saudi order

Dubai-based construction firm Arabtec Holding said it has received a SR5 billion ($1.33bn) order from Saudi Binladin

King Abdullah of Saudi Arabia dead at 90

Saudi Arabia's King Abdullah attends the opening session of the Arab summit in Doha, in this March 30, 2009. (Reuters)

Sick Egypt Air pilot in emergency landing

The captain of an Egypt Air flight from Saudi Arabia to Cairo made an emergency landing in the Gulf Kingdom after

Saudi injects $3bn into banks, guarantees deposits

Saudi Arabia's Supreme Economic Council has offered guarantees for bank deposits in the world's top oil exporter, the

Indo-Saudi visa agreement welcomed

An agreement by India and Saudi Arabia to grant mutual long-term multiple entry visas to businesspersons from both

Saudi sold 'dinosaur' to an American for $7m

A US court has issued an international warrant against a Saudi student who allegedly sold a desert lizard to an