Saudi cabinet approves Red Sea island agreement
The Saudi Cabinet approved Monday a Saudi-Egyptian maritime border demarcation agreement during a session headed…
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Saudi Arabia
Saudi builder Binladin terminates 50,000 jobs
Construction company Saudi Binladin Group has laid off 50,000 staff, a newspaper reported on Friday, as pressure…
Lawyers Syndicate to represent protesters arrested during Tiran demos in Egypt
The Egyptian lawyers syndicate announced in a statement on Friday that it will set up defence committees to track…
Egypt ranks 15th in internet speed among Arab countries: report
Egypt has ranked 15 compared to 22 countries in the Arab world in terms of internet speed, according to a report by…
Petrochemical stocks lift Saudi bourse, rest of Gulf sluggish
Petrochemical stocks and shares expected to benefit from Saudi Arabia's economic reform plans lifted the Riyadh…
Aramco value to top $2 trillion, less than 5% to be sold, says prince
Saudi Arabia expects state oil company Saudi Aramco to be valued at more than $2 trillion and plans to sell less…
Saudi prince unveils sweeping plans to end ‘addiction’ to oil
The powerful young prince overseeing Saudi Arabia's economy unveiled ambitious plans on Monday aimed at ending the…
Saudi Arabia’s Shura Council approves Red Sea island agreement
In a unanimous vote on Monday, Saudi Arabia's Shura Council approved the draft "border demarcation" agreement…
Oil prices dip on looming production race between Saudi Arabia, Iran
Crude oil futures dipped on Tuesday as analysts warned of an intensifying producer race between Saudi Arabia and…
Fitch: Saudi Arabia’s loan shows fiscal risk, may have structural benefit
Saudi Arabia's move to raise US$10 billion via an international bank loan reflects the pressure on its fiscal…