Tuesday 1 September 2015
 
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Saudi Arabia

Saudi probes man charged with money laundering

A Saudi Arabian court has ordered a probe find out whether a man, accused of money laundering SR2 billion ($532 million), has other accounts and property in the UAE, India and China, a report said. The Saudi man, in his 30s, shoul

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Aramco housing complex fire caused by short circuit

The fire in a residential complex of Saudi Aramco in Al Khobar on Sunday was caused by a short circuit, a report quoting preliminary investigation said. The fire killed 10 people,  including three Canadians of Asian origin, a

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Rising oil output boosts Saudi economic growth

Rising oil output boosted Saudi Arabia's economic growth to its fastest pace in over a year in the second quarter of 2015, data showed, but growth looks likely to slow in coming months as low oil prices make themselves felt. &

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Rising oil output boosts Saudi economic growth

Rising oil output boosted Saudi Arabia's economic growth to its fastest pace in over a year in the second quarter of 2015, data showed, but growth looks likely to slow in coming months as low oil prices make themselves felt. &

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Saudi launches e-visa for private sector firms

Saudi Arabia has launched major facilities for the private sector including electronic visa issuance for top firms which have achieved the required Saudization rates, a report said. Other facilities include an e-recruitment portal

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Saudi launches e-visa for private sector firms

Saudi Arabia has launched major facilities for the private sector including electronic visa issuance for top firms which have achieved the required Saudization rates, a report said. Other facilities include an e-recruitment portal

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Saudi Arabia warns against misbehaviour during Haj

Misbehaviour by pilgrims during Haj will not be tolerated, a senior official was cited as saying, as Saudi Arabia gears up to welcome Haj pilgrims this year. According to reports in Arab News, any behaviour by the pilgrims agai

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Saudi Arabia inks key construction contracts

Saudi Arabia has announced plans to construct nine buildings and various centres for Islamic organisations across the kingdom at an estimated cost of SR35 million ($9.32 million), said a report. Sheikh Abdulrahman Al Sanad, the ch

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Saudi Al Tayyar Travel Group founder to resign

The founder of Saudi Arabia's Al Tayyar Travel Group will resign as vice-chairman and managing director from September 1, the company said on Sunday. Nasser bin Aqeel al-Tayyar opened his first travel agency in 1980, and the f

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Othaim Malls raises $267m in debut sukuk

Saudi Arabia's Al Othaim Real Estate and Investment Co, owner of five shopping malls in the kingdom, has raised SR1 billion ($267 million) through a debut sukuk issue, two banking sources said on Sunday. The five-year issue wa

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