Saudi Arabia launches Madinat Al Wouroud flagship – governor
Governor of the Saudi Arabia Taif Saad Al-Maimouni has launched Madinat Al Wouroud project, Saudi Press Agency…
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Saudi Arabia
Houthi rebels claim responsibility drone attacks on Saudi Aramco refineries
Yemen's Houthi rebels on Saturday have claimed responsibility for drone attacks on two Saudi Aramco oil refineries…
Saudi Arabia should increase VAT to 10%: IMF
Saudi Arabia should consider raising a value added tax (VAT) to 10 percent from the current 5 percent, the…
Saudi King Salman names son new energy minister, relieving Al Faleh of his postion
Saudi Arabia has named Prince Abdulaziz Bin Salman, a son of the king, as energy minister, replacing Khalid Al…
Saudi markets rise led by financial shares
Saudi Arabia’s stock market opened higher on Sunday, led by gains in financial and petrochemical shares while…
Saudi stock market aims to allure $5 bln in second phase of MSCI upgrade
The Institute of International Finance (IIF) said on Thursday that after the full inclusion on the MSCI emerging…
Saudi Arabia separates industry and mining from energy ministry
Saudi Arabia has formed a new ministry for industry and mineral resources, separating it from the kingdom’s…
Egypt condemns Houthis drone attack on Saudi oil field
Egypt on Sunday condemned in a statement Houthis' drone attack on Shaybah oil field in eastern Saudi Arabia.
Yemeni Houthis claim attack on Shaybah oil field; no Saudi confirmation
Houthi forces in Yemen have made a drone attack on oil facilities at Shaybah in Saudi Arabia, the Yemeni movement’s…
Saudi Arabia seen cutting crude oil prices to Asia in September
Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asian markets for a second…
