Latest Saudi Arabia News
RSS-
Saudi Arabia arrests more ‘Iran spy ring’ suspects
Saudi Arabia has arrested 10 more suspects in what it says is a spy ring linked to Iran, state media report. Those detained include eight Saudis, a Turk, and a Lebanese citizen. Eighteen people were arrested in the same case in ...
-
Drake Scull wins contract to build towers in Jeddah
Drake & Scull has been awarded a 1.725 billion Saudi riyals (Dh1.689bn) contract by the Saudi developer Lamar Investment and Real Estate Development to build one of the tallest buildings in Saudi Arabia. The long-delayed Lamar Towers project in Jeddah will comprise twin towers stretching 57 and 49 storeys above the Jeddah Corniche. Drake & Scull Saudi Arabia will oversee and undertake ...
-
Saudi princes accused of laundering for Hezbollah
LONDON - Two Saudi princes on Tuesday sought to extricate themselves from a London legal battle with a Jordanian businessman who accuses them of laundering money for Hezbollah, an allegation their lawyer called "fanciful".Prince Mishal bin Abdulaziz al Saud, a brother of Saudi Arabia's King Abdullah, and his son Prince Abdulaziz bin Mishal, had previously argued they had ...
More Saudi Arabia News
RSS-
IMF says Saudi outlook positive for 2013
IMF says Saudi outlook 'positive' for 2013 Predicted continued growth, but said reforms to energy prices, employment policy and public spending should continue Attendees speak to each other during the Euromoney Conference in Riyadh May 8, 2013. (REUTERS/Faisal Al Nasser) London, Asharq Al-Awsat--The ...
-
Saudi Arabia Arrests 10 People Accused of Spying for Iran
Saudi Arabia arrested 10 people, including eight Saudi nationals, it says were spying for Iran, the official Saudi Press Agency said, citing an unidentified Interior Ministry spokesman. A Lebanese and Turkish national were also detained, the Riyadh-based news service said. The arrests were linked ...
-
Saudi Arabian princes await decision on UK court battle. Allegations include laundering
(National, The (United Arab Emirates) Via Acquire Media NewsEdge) LONDON // Two Saudi princes will hear this week if they have been successful in extricating themselves, and companies in which they are shareholders, from answering to accusations in a UK court case about money laundering for ...
-
Saudi nabs 10 suspects on espionage charges for Iran
RIYADH, May 21 (Xinhua) -- Saudi Arabia's Interior Ministry announced on Tuesday that it has arrested 10 people on suspicion of espionage for Iran, state-run Saudi Press Agency (SPA) reported. "Following an initial investigation, the security forces arrested 10 more suspects over involvement in the ...
-
Tunisia announces three cases of coronavirus one death
A 66-year-old Tunisian man has died from the new coronavirus following a visit to Saudi Arabia and two of his adult children were infected with it, the Tunisian Health Ministry reported. His sons were treated and have since recovered but the rest of the family remains under medical observation, the ...
-
Saudi Aramco Invites Bids for IGCC Power Plant
Saudi Aramco has invited bids for the construction of a 2,400 megawatt (MW) power plant in Jazan, near the 400,000 barrel-per-day Jazan Oil Refinery which it is currently building, two industry sources said on Monday. The plant will use integrated gasification combined cycle (IGCC) technology to ...
-
Saudi Arabia eases restrictions on visiting Islamic historical sites
SAUDI ARABIA this year will begin allowing Muslim pilgrims to visit other Islamic and historical sites through its new 'Umrah-Plus' visa, in a bid to strengthen its tourism industry. The new, month-long visa allows those on religious pilgrimages to participate in supervised tours of cultural sites ...
-
Ascott ventures into Saudi Arabia with serviced residence
ASCOTT has bagged a management contract to operate its first serviced residence, Ascott Olaya Riyadh, which is set to debut in 2015. Rafal Real Estate Development will develop the 230-unit property, located near the King Abdullah Financial District. Chong Kee Hiong, CEO, Ascott, said: "Saudi Arabia ...
-
Green Motion franchise for Jordans Sadeen Rent a Car
Green Motion Car Rental Continues its Worldwide Expansion with the Sale of its Master Franchise for the Middle East Environmentally friendly Rent a Car company, Green Motion, has announced today sale of its regional master franchise territory to a Jordan based company, Sadeen Rent a Car. Sadeen ...
-
Lebanese farmland firm to invest up to $800m in Sudan
Lebanese farmland investor GLB Invest plans to invest up to $800 million in Sudan to produce animal feed to be sold to Saudi Arabia, its president said on ...
-
Dar Al Arkan slips as developer kicks off sukuk roadshow
The Tadawul All-Share Index ended up 0.66% at 7,355.27 Tuesday. While market heavyweight Sabic gained 1.62% to hit SR94.25, Dar Alarkan Real Estate Development Company fell 0.56% to SR8.90, after hitting an 8-month high last Saturday. Dar Alarkan started a roadshow to raise $500m through a greenback bond. The firms said yesterday it will laucnh the Islamic bond through several tranches within ...
-
Saudi Arabia Approves $1.6 Billion for Water Projects
Saudi Arabia 's Water and Electricity Ministry approved more than 5.9 billion riyals ($1.6 billion) in spending for water and sanitation projects in Jazan on the Red Sea ...
-
New Saudi Force in America
It is not true that Saudi Arabia only looks at the present moment that is overflowing with oil, without keeping an eye on the future of the economy and the development of the Saudi citizens. And the fact that the state has not established a sovereign fund like other Gulf countries, does not mean that the Kingdom is uninterested in the purpose for which these massive financial funds are ...
-
First Saudi female to climb Everest says shes happy to change opinions about Saudi women
Raha Moharrak, the first Saudi Arabian woman to scale the world's highest peak Mount Everest, talks to the media at Yak and Yeti Hotel in Katmandu, Nepal, Tuesday, May 21, 2013. According to mountaineering officials, Moharrak was among 64 climbers who successfully scaled Mount Everest from Nepal's side of the mountain. May is the most popular month for Everest climbs because of more ...
-
Saudi Arabia blocks access to Jpost.com
Commentator article Ahmed Abdel-Raheem is an Egyptian artist and a PhD student who works as a lecturer at Al-Lith College for Girls, Um Al-Qura University, Saudi Arabia, according to his byline on the website of ...
-
Saudi debates access to stadiums for women
Football Federation chief Ahmed Eid. Eid raised the possibility of allocating 15 per cent of the capacity of a stadium being built in a sports complex in the western city of Jeddah to family booths where women could attend football matches. The stadium is due to be completed in 2014. His remarks have triggered a wide debate, mostly opposing the idea, in Saudi media forcing Eid to clarify that ...
-
Tunisian dies from new Sars-like coronavirus after Saudi visit
RABAT, Morocco // A 66-year-old Tunisian man has died from the new coronavirus following a visit to Saudi Arabia and two of his adult children were infected with it, the Tunisian Health Ministry reported. His sons were treated and have since recovered but the rest of the family remains under medical observation, the ministry said in a statement yesterday. The World Health Organization ...
-
MIDEAST STOCKS-Saudi up for fifth session regional mkts mixed
By Nadia Saleem DUBAI | Tue May 21, 2013 9:51am EDT DUBAI May 21 (Reuters) - Saudi Arabia's bourse rose for a fifth straight session on Tuesday as renewed buying momentum in bluechips drove the index higher. Other regional markets were mixed. Saudi Basic Industries Corp (SABIC), the world's largest chemicals producer, gained 1.6 percent, helping lift the sector's index by 1 ...
-
IHG and Dyafah Al Mutahida LLC to Open Staybridge Suites Hira Street in Jeddah
The Debut for the Brand in the Kingdom of Saudi Arabia Jeddah, Saudi Arabia - May 22, 2013 - IHG (InterContinental Hotels Group), the largest international hotel group in Saudi Arabia both by number of rooms and number of hotels, has signed an agreement with Dyafah Al Mutahida LLC to open a 200-key ...
-
Filipino Maids Get Better Protection in Historic Deal with Saudi Arabia
The governments of Saudi Arabia and the Philippines have signed a "historic" agreement that gives Filipino workers more rights in the Gulf kingdom. Share article Philippines labour and employment secretary Rosalinda Dimapilis-Baldoz met Saudi Arabia's labour minister Adel bin Mohammed Fakeih in ...
-
Crown Prince Salman bin Abdulaziz Asserts Enhancement of Saudi-Turkish Ties
SPA -- Crown Prince Salman bin Abdulaziz Al Saud, Deputy Premier and Minister of Defense, asserted that his visit to Turkey comes as a continuation of the approach of contacts and the common desire to develop and enhance the bilateral relations between the two brotherly countries and consult on ...
-
Saudi Ambassador Speaks On the Crown Princes Visit To Turkey
SPA -- Saudi Ambassador to the Republic of Turkey, Dr. Adel bin Siraj Mirdad, stressed that the current visit of Crown Prince Salman bin Abdulaziz Al Saud, Deputy Premier and Minister of Defense, to Turkey at the invitation of Turkish President Abdullah Gul, reflects the depth of bilateral ...
Saudi Arabia Digest
-
Saudi Arabia's massive infastructure drive
Saudi Arabia is in the midst of a major construction boom being implemented and supported by the national government in order to improve infrastructure and living standards in the largest economy in the Arab world.
It was recently announced by the director-general of the Saudi Industrial Property Authority (MODON), Tawfig Fawzan Alrabiah, that a new industrial city would be built in Taif in order to cope with growing demand for industrial land in Saudi Arabia. The Taif Industrial City will in fact be a ‘city within a city’ so to speak, but will measure 11 square miles in size and will function as a fully-fledged industrial city, providing all the infrastructure required in such zones. Read more
News from around our Network
