Friday 6 May 2016
 
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Saudi

Security operation against IS fighters in Makkah

Saudi security forces undertook an operation against alleged Islamic State fighters in Makkah on Thursday, state television channel Ekhbariya said. "The security authorities succeeded in their operation against a number of Da

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GACA plans to privatise Saudi Arabia airports

The board of directors at the Saudi General Authority of Civil Aviation (GACA) is looking to privatise the kingdom's airports, a report said. At a recent meeting in Riyadh, which was presided by GACA chairman Sulaiman Alhamdan

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Saudi stock market reforms by mid-2017

Saudi Arabia will implement by the middle of 2017 planned reforms to stimulate the stock market and open it wider to foreign investment, the Capital Market Authority (CMA) said on Thursday. "The amended rules will be publishe

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Saudi prince makes bold moves towards reforms

Saudi Deputy Crown Prince Mohammed bin Salman got a standing ovation when he visited a gathering of Saudi youth last month. Last week, after hearing about his economic plans in a meeting with religious leaders, one of the kingdom's conservat

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S&P Global forum to discuss Saudi markets

S&P Global (formerly McGraw Hill Financial) will host its sixth annual Financial Leaders’ Forum in Riyadh, Saudi Arabia, next week. The gathering, being held in Saudi Arabia for the first time, will explore the critical

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Saudi working on SME bourse rules for 2017 launch

 Saudi Arabia is working to finalise the rules for a new stock market dedicated to small and medium-sized businesses that it expects to launch early in 2017, the chief executive of Tadawul, the kingdom's bourse, said on Tuesday.

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Family travel comes first for Saudi Arabia travellers

Family comes first for travellers in Saudi Arabia with around 50 per cent of holidaymakers from the kingdom going abroad with their extended family, a leading travel search site has revealed. “Examining the data trails on Wego, we

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Saudi Binladin crisis will be resolved says minister

The crisis surrounding major Saudi Arabian construction company Saudi Binladin Group (SBG), which has been struggling to pay its workers, will be resolved, Labour Minister Mufrej Al Haqbani said on Tuesday. Al Haqbani, speaking to

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Dur, Marriott ink $23m hospitality project in Saudi Arabia

Dur Hospitality will be developing the first Courtyard by Marriott and Residence Inn by Marriott properties in Yanbu, Saudi Arabia following the signing of a franchise agreement with Marriott International during the Arabian Hotel Investment Con

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First all-women business park opens in Saudi Arabia

Saudi Aramco, Princess Nourah University (PNU) and Wipro Arabia, a subsidiary of India's Wipro, today inaugurated Saudi Arabia’s first all-women business and technology park. The project is expected to create nearly 21,0

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