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April 11, 2019 - 13:43 GMT
Saudi authorities have detained another dozen of activists last week, including a female pregnant activist along with her husband.
Saudi Arabia’s travel and tourism sector is expected to contribute $70.9 billion in total to the country’s GDP in 2019. (Shutterstock)
April 11, 2019 - 07:51 GMT
Saudi Arabia’s travel and tourism sector is expected to contribute $70.9 billion in total to the country’s GDP in 2019, according to data from the World Travel and Tourism Council, as exhibitors prepare to showcase what the kingdom has to offer at this year’s Arabian Travel Market (ATM), which is being held at the Dubai World Trade Centre from April 28 – May 1.
U.S. President Donald Trump and Crown Prince Mohammed bin Salman (Twitter)
April 10, 2019 - 18:00 GMT
U.S. President Donald Trump and Saudi Crown Prince Mohammed bin Salman spoke by phone Wednesday to discuss regional developments, according to the Saudi Foreign Ministry.
April 10, 2019 - 08:49 GMT
“Such a development will only lead to more insecurity and instability in already conflict-prone regions in the world.”
Saudi state oil company will raise $12 billion from debt issue. (Shutterstock)
April 10, 2019 - 08:20 GMT
The Saudi state oil company’s debut on Wednesday on the international capital markets is set to break all records for a bond issue by an emerging market entity.
Mohammed bin Salman (AFP/FILE edited by Rami Khoury/Al Bawaba)
April 09, 2019 - 10:27 GMT
The Saudi state is not quietly holding Mohammed bin Salman to account, because Mohammed bin Salman is the Saudi state.
The financial market manipulation violated all norms of accepted conduct and will not be allowed to go unchecked. (Shutterstock)
April 09, 2019 - 07:47 GMT
Qatar on Monday announced that it has filed legal proceedings in New York and London taking actions against financial institutions that engaged in manipulation of the Qatari riyal, bonds issued by Qatar, and related financial instruments.
The US State Department on April 8, 2019 barred entry to 16 Saudi nationals over what it described as their role in the murder of journalist Jamal Khashoggi. (AFP/ File Photo)
April 09, 2019 - 07:43 GMT
The U.S. on Monday designated 16 Saudi officials for their roles in the murder of Washington Post columnist Jamal Khashoggi.
The Kingdom has been trading its oil in dollars for decades and that has served well its financing and monetary needs. (Shutterstock)
April 09, 2019 - 07:19 GMT
The Saudi Arabian Energy Ministry has rejected the suggestion that it is considering selling oil in currencies other than the traditional US dollar.
Saudi Aramco’s crucial bond issue, set to close on Wednesday, has already attracted higher-than-expected interest from international investor. (Shutterstock)
April 09, 2019 - 07:16 GMT
Saudi Aramco’s crucial bond issue, set to close on Wednesday, has already attracted higher-than-expected interest from international investors, the Kingdom’s energy minister, Khalid Al-Falih, has revealed.
Double taxation avoidance agreements allocate taxing rights and ensure individuals and businesses are only taxed once. (Shutterstock)
April 09, 2019 - 06:44 GMT
The Avoidance of Double Taxation Agreement between the UAE and Saudi Arabia, which is expected to facilitate the two-way investment flow, boost bilateral trade and further bolster economic ties, has come into effect at the beginning of April after nearly a year the landmark pact was signed.
April 08, 2019 - 11:47 GMT
Saudi women rights activists are still in detention for almost a year now, despite the international pressure from human rights organizations and activists into releasing them.
Egypt has recently launched an international tender for new explorations in 10 areas in the Red Sea, added the statement. (Shutterstock)
April 08, 2019 - 04:18 GMT
Egypt's Minister of Petroleum and Mineral Resources Tarek El Molla conferred on Sunday with his Saudi counterpart Khaled el Faleh on means of boosting joint cooperation in the fields of petroleum, gas and mineral wealth.
Vox Cinema, which is managed by Majid Al Futtaim and is considered a pioneer in the Middle East, has been inaugurating about one theater every month in the Kingdom since January, Bejjani explained. (Shutterstock)
April 08, 2019 - 04:12 GMT
Reform carried out by Saudi Arabia in light with its Vision 2030 are transforming into job opportunities in the Kingdom and abroad, said Chief Executive Officer at Majid Al Futtaim Group Alain Bejjani.
The Saudi private sector struggled last year because of fuel price hikes, the introduction of a 5 percent value-added tax and higher fees for hiring foreign workers. (Shutterstock)
April 08, 2019 - 03:50 GMT
Saudi Arabia’s non-oil private sector marginally grew in March but its employment index fell below the neutral 50-level for the first time in five years, a monthly survey of companies reported on Sunday.
The graduates of the intermediate colleges who were less qualified than them were appointed as teachers while many obstacles were put in front of them preventing them from finding jobs under the ministry. (Shutterstock)
April 07, 2019 - 04:18 GMT
Many of the old graduates have been waiting to be appointed as schoolteachers for up to 25 years.