Saudi Arabia

Saudi Arabia licenses 44 companies to open regional headquarters in Riyadh

Saudi Arabia said on Wednesday it had licensed 44 international companies to set up regional headquarters in the capital Riyadh under the kingdom's push to become a regional commercial hub…

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Saudi imports from UAE jump back up in August

DUBAI, Oct 25 (Reuters) - The value of Saudi Arabia's imports from the United Arab Emirates (UAE) in August increased by about 31% month on month, official data showed on…

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UPDATED: Top oil exporter Saudi Arabia targets net zero emissions by 2060

RIYADH, Oct 23 (Reuters) - Saudi Arabia's crown prince said on Saturday that the world's top oil exporter aims to reach zero-net emissions by 2060 and will more than double…

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Prince Charles says “dangerously narrow window” to accelerate climate action

RIYADH, Oct 23 (Reuters) - Britain's Prince Charles, in recorded remarks at an environment event in Saudi Arabia on Saturday, said there was a "dangerously narrow window" to accelerate climate…

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Saudi Sept oil supplies to China up 2%, Russian volumes down 18%

Saudi Arabia, the world's biggest oil exporter, kept its ranking as China's top crude supplier for a 10th month in September, increasing its volumes by 2% from a year earlier,…

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Ten injured in 2 drone attacks at Saudi’s King Abdullah airport

Ten people were injured in two explosives-laden drone attacks at King Abdullah airport in the southern Saudi city of Jizan late on Friday and early on Saturday, the Saudi-led coalition…

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Saudi retains top spot in oil supplies to China with volumes up 53% y/y

Saudi Arabia, the world's biggest oil exporter, kept its ranking as China's top crude supplier for a ninth straight month in August as major producers relaxed production cuts. Saudi oil…

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Oil extends losses after deep Saudi price cuts signal demand concerns

Oil prices extended losses on Monday, falling more than 1%, after the world's top exporter Saudi Arabia slashed crude prices for Asia over the weekend, signalling demand concerns and that…

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Saudi non-oil sector expansion loses momentum in August – PMI

Saudi Arabia's non-oil private sector continued to grow in August but lost momentum due to a sharp drop in output expansion, a business survey showed, signalling a challenging recovery from…

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UPDATED: Missile intercepted over Saudi oil region injures two, damages buildings

Two children were injured and buildings were damaged when a ballistic missile was intercepted over Saudi Arabia's oil-rich eastern region on Saturday, the ministry of defence said. The missile was…

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Saudi state media companies to start moving from Dubai to Riyadh

DUBAI, Sept 3 (Reuters) - Dubai-based Saudi state-owned media companies will start moving staff this month to the capital Riyadh, sources said, as Crown Prince Mohammed bin Salman presses ahead…

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Saudi Arabia pledges to provide support for Tunisia, Tunisian presidency says

Saudi Arabia pledged to provide assistance to Tunisia, which is suffering a political, economic and health crisis, the Tunisian presidency said on Sunday, the latest sign of support for President…

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Saudi oil giant Aramco sees profits soar by almost 300%

Saudi Arabian state oil producer Aramco reported a near four-fold rise in second-quarter net profit on Sunday, beating expectations and boosted by higher oil prices and a recovery in oil…

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Saudi Arabia to reopen borders for vaccinated umrah pilgrims

Saudi Arabia will gradually begin receiving Umrah pilgrimage requests from abroad for vaccinated pilgrims starting Aug. 9 after about a year and a half of not receiving overseas worshippers due…

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Saudi Arabia to open for tourist visa holders starting August 1

Saudi Arabia’s Tourism Ministry will re-allow entry for tourist visa holders starting Aug. 1, it said in a statement. “Vaccinated tourists will be allowed to enter without having to be…

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Saudi Arabia threatens 3-year travel ban for citizens who visit “red list” states

Saudi Arabia will impose a three-year travel ban on citizens travelling to countries on the kingdom's 'red list' under efforts to curb the spread of coronavirus and its new variants,…

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Masked haj pilgrims on Mount Arafat pray for COVID-free world

ARAFAT, Saudi Arabia (Reuters) -Thousands of face-masked Muslims gathered on Saudi Arabia's Mount Arafat on Monday, praying for an end to the pandemic and faster vaccination as the annual haj…

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Saudi citizens must have two COVID-19 vaccine doses for travel abroad

Saudi citizens will need two COVID-19 vaccine doses before they can travel outside the kingdom from Aug. 9, state news agency SPA reported on Monday, citing the ministry of interior.…

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OPEC+ agrees oil supply boost after UAE wins argument with Saudi

MOSCOW/DUBAI/LONDON, July 18 (Reuters) - OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed to 2-1/2 year highs as the global economy…

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Saudi inflation rises again in June, hits highest rate this year

Saudi Arabia’s annual inflation rate rose to 6.2% in June, the highest this year, from 5.7% in May, official data showed on Thursday. June marked a third consecutive monthly rise…

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Seeking summer breeze and natural getaway, Saudis flock to Ukraine

Nabeel Kensara and Nasal Alzamzmi, a couple from Saudi Arabia, used to go for holidays to Switzerland twice a year, but coronavirus travel restrictions across Europe have forced them to…

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Saudi non-oil sector employment rises amid steady growth – PMI

audi Arabia's non-oil private sector continued to expand in June at a fast rate and job creation rose to a 19-month high, a survey showed, as the largest Arab economy…

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Saudi Arabia amends import rules from Gulf in challenge to UAE

Saudi Arabia has amended its rules on imports from other Gulf Cooperation Council countries to exclude goods made in free zones or using Israeli input from preferential tariff concessions, in…

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New Saudi airline plan takes aim at Emirates, Qatar Airways

Saudi Arabia plans to target international transit passenger traffic with its new national airline, going head-to-head with Gulf giants Emirates and Qatar Airways and opening up a new front in…

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Saudi Arabia bans entry from UAE, Vietnam, Ethiopia and Afghanistan

Saudi Arabia will restrict travel to and entry from Ethiopia, UAE, Vietnam and Afghanistan over coronavirus concerns, the state news agency (WAS) reported on Saturday. The ban goes into effect…

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Saudi Arabia plans new national airline as it diversifies from oil

Saudi Arabia's Crown Prince Mohammed bin Salman announced plans on Tuesday to launch a second national airline as part of a broader strategy to turn the kingdom into a global…

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Saudi Arabia considers developing industrial zone in Oman

Saudi Arabia is considering developing an industrial zone in Oman and the two Gulf states have discussed the possibility in investment talks, the Saudi state news agency SPA reported. Saudi…

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Saudi air defences intercept 10 Houthi armed drones

Saudi Arabian air defences on Saturday destroyed 10 armed drones launched by Yemen's Houthi movement towards the south of the kingdom, state TV cited the Saudi-led coalition as saying. The…

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Saudi Arabia lifts ban from travelers arriving from 11 countries

Saudi Arabia is lifting a ban on travelers arriving from 11 countries that it imposed to curb the spread of coronavirus, the Saudi state news agency said, but will still…

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Saudi oil exports in March rise to $14 billion

The value of Saudi Arabia's oil exports in March rose by 75% year on year to 52.3 billion riyals ($13.95 billion), official data showed on Wednesday. Non-oil exports increased by…

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Saudi-led coalition in Yemen foils Houthi attack south of Red Sea

The Saudi-led military coalition engaged in Yemen thwarted an "imminent" Houthi attack using an explosives-laden boat south of the Red Sea, Saudi Arabian state media said on Monday. A coalition…

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UPDATED: Saudi Arabia to reopen to foreign tourists soon

Saudi Arabia plans to soon reopen to foreign tourists, a senior tourism official said on Monday after the kingdom announced the lifting of quarantine restrictions for certain foreign arrivals. The…

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Saudi Arabia’s GDP contracts 3.3% in Q1 on oil output, non-oil economy recovers

Saudi Arabia's economy shrank 3.3% in the first quarter from a year earlier, hit by oil output cuts, but the non-oil economy expanded 3.3%, recovering from the pandemic, according to…

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Saudi to make COVID-19 vaccinations mandatory for all workers

All public and private sector workers wishing to attend a workplace in Saudi Arabia will be required to have taken a COVID-19 vaccination, the human resources ministry said on Friday,…

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Saudi crown prince says he will further centralise policy-making

DUBAI, April 28 (Reuters) - Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, said he will further centralise policymaking to ensure the success of his drive to diversify the economy. In an interview aired on Saudi state TV late on Tuesday, he said the kingdom…

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