Saturday 4 July 2015
 
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Saudi Arabia

Saudi policeman killed during security raid

A Saudi policeman was killed on Friday in an exchange of gunfire during a raid to arrest a wanted person in the western city of Taif, the SPA state news agency quoted an interior ministry spokesman as saying. The agency said three

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Saudi economy accelerates in first quarter

Saudi Arabia's economy accelerated in the first quarter of 2015, showing the world's top oil exporter can cope with low energy prices, but growth may slow as the government faces pressure to rein in spending. Gross domesti

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Shell chief says US shale producers under Saudi pressure

Opec's decision, led by Saudi Arabia, to not cut oil production has put pressure on US shale gas producers which in turn has put brakes on America's energy boom, the chief executive of Royal Dutch Shell said in an interview with the Fi

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Shell chief says US shale producers under Saudi pressure

Opec's decision, led by Saudi Arabia, to not cut oil production has put pressure on US shale gas producers which in turn has put brakes on America's energy boom, the chief executive of Royal Dutch Shell said in an interview with the Fi

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Saudi retail growth curbed by high mall rentals

High rental rates in the top-tier malls are deterring the growth of Saudi Arabia’s retail market, a report said, noting that the kingdom is currently facing a great challenge due to scarcity of human resources owing to high attrition rates

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Mall rental rates curbing retail growth in Saudi

High rental rates in the top-tier malls are deterring the growth of Saudi Arabia’s retail market, a report said, noting that the kingdom is currently facing a great challenge due to scarcity of human resources owing to high attrition rates

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Saudi to cut August medium, heavy crude oil prices

Top oil exporter Saudi Arabia is expected to cut monthly prices for medium and heavy grades it sells to Asia in August on weaker fuel oil cracks, while keeping the price for its flagship light crude little changed, traders said. &

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Saudi liquidity holds up in May over stable oil

Saudi Arabia’s domestic liquidity held up in May, helped by the stabilization in oil prices, at the cost of continued expansionary fiscal policy, a report said. M3 growth was 10.4 per cent year-on-year (yoy) in May, increasi

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Yemeni forces fire Scud missile at Saudi Arabia

Yemeni forces launched a Scud missile at a missile base in Saudi Arabia on Tuesday, Yemeni state news agency Saba quoted the military's spokesman as saying. "The rocket units in our heroic armed forces today launched a Sc

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KAEC signs partnership with Saudi university

Saudi Arabia-based King Abdullah Economic City (KAEC) has signed a contract with King Abdulaziz University (KAAU) to train 1,000 male and female students from Rabigh and nearby towns in the kingdom, as part of KAEC’s annual “Tomouh&r

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