In a heartfelt gesture of solidarity, Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman expressed their deepest condolences to the Emir of Kuwait on Monday following the passing of Sheikh
More »
Russian President Vladimir Putin is set to meet with Palestinian President Mahmoud Abbas on Tuesday during Abbas’ visit to Russia. Arriving on Monday, Abbas aims to discuss the ongoing Gaza conflict with
More »
Saudi Arabia has firmly aligned itself with the recent joint statement made by President Joe Biden of the United States, President Abdel Fattah El-Sisi of Egypt, and Sheikh Tamim bin Hamad Al-Thani,
More »
:: Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call on Wednesday from the US Secretary of Defense during which they discussed ongoing arrangements to send US troops of a
More »
:: Saudi Arabia’s Minister of Energy confirmed on Wednesday the restoration of production capacity, affirming the Kingdom’s position as a reliable energy supplier in the global market. The energy minister, Prince Abdulaziz
More »
One thousand male and female applicants looking for jobs registered in the first eight hours at the First Occupations Fair 2014 held at the King Abdullah Economic City (KAEC) recently. This level is comparable to the number of people who
Plans are under way to hire Saudi women to work on the multibillion-riyal metro in the capital city, said Riyadh Gov. Prince Turki bin Abdullah bin Abdul Aziz. Opening the Producers Exhibition and Conference at the Riyadh International Convention Center,
High fees at private schools in the Kingdom has forced over 300,000 expatriate students to quit because their parents cannot afford it, according to an education expert. “Most expat students are only allowed to study at private schools. Government schools
A website has named Saudi lawyer Bayan Mahmoud Zahran as the world’s most influential woman for 2014. Buzzfeed cited Zahran’s successful venture in opening the Kingdom’s first female law firm for assigning her the top position among the world’s 15
The Ministry of Interior announced on Friday that it had deported 62,514 illegal expatriates last month, as part of its efforts to clean up the country’s labor market. It had also arrested 17,740 foreigners over the same period, who had
RIYADH: There is no need for the Kingdom to create a sovereign wealth fund to manage its oil wealth, Finance Minister Ibrahim Al-Assaf said, rebuffing suggestions by prominent officials and businessmen. At present, the surplus funds of Saudi Arabia are
Saudi Arabia unveiled Thursday the largest budget in history for 2015, projecting spending at record SR860 billion, despite a sharp fall in oil prices. The budget projected revenue at SR715 billion showing a huge deficit of SR145 billion for the
Saudi Arabia unveiled Thursday the largest budget in history for 2015, projecting spending at a record SR860 billion, despite a sharp fall in oil prices. The deficit budget projected revenue at SR715. Crown Prince Salman, deputy premier and minister of
Projects of the Ministry of Housing will gain from lower oil prices leading to a decline of 25 percent in costs incurred by customers, according to businessmen. They said that service projects have already been tendered for the next financial
The Passport Department has issued new regulations stating that family visitor visas would now be limited to only six months, or 180 days, an online paper said, quoting an official spokesman. The period would start once a visitor arrives in
Saudis are eagerly awaiting the approval of a new draft law by the Shoura Council which prevents women under 18 from getting married. The draft law pending approval sets the age of adulthood at 18 and allows women under that
Secretary-General of the Muslim World League Abdullah Al-Turki has commended the initiative of Custodian of the Two Holy Mosques King Abdullah to bring together Egypt and Qatar and to restore relations between the two states. “The initiative of the custodian
Housing prices in the Kingdom will go down 30 percent due to falling oil prices, distribution of more low-cost homes and the imposition of Zakat on vacant land, a real estate expert has predicted. “The real estate market is facing
All indications are that the 2015 budget to be unveiled by Custodian of the Two Holy Mosques King Abdullah on Thursday will keep spending at current levels, which will boost growth, ensure an ideal business environment and create jobs. Economists
JEDDAH: Saudi Arabia plans to raise government spending by 0.6 percent to a record high next year while covering a large budget deficit due to plunging oil prices with its huge fiscal reserves, the Ministry of Finance said. Spending in
Education Minister Prince Khaled Al-Faisal approved a number of projects in seven provinces. They are worth SR200 million. The ministry stated that the projects include the establishment of a number of schools in Madinah and many multipurpose halls in several
Jazan police arrested two drug smugglers on Monday impersonating border guards, and found two bags of heroin and an unspecified amount of qat in their car. The officers arrested the two after inspecting their vehicle on the Sabya-Jazan Road when
Saudi traders and experts have said that the effect of the declining oil prices will reflect on food prices only after a period of four to six months due to the large quantities purchased at higher prices. They said that
You must be logged in to post a comment.