Saudi Arabia’s stock market continued to recover

Saudi Arabia's stock market continued to recover today thanks to stronger oil prices raising the share value of the petrochemical market. Tadawul All Share Index (TASI) increased by 1.13 per cent … [Read more...]

Six people dead in the fire in Saudi Aramco facilities

The fire broke out in a residential complex rented by Aramco in Al-Khobar today morning. Six people are dead and several hundred people are injured. Residents are being transfers to public housing … [Read more...]

Tadawul All Share Index falls again

Tadawul All Share Index (TASI) dropped this year by 11.4 per cent from its December 31st value. After a swift recover of 7.4 per cent on Wednesday it dropped today again. Caution among investors … [Read more...]

Dates export increased by more than 50 per cent

The size of dates export increased by more than 50 per cent, SAP reported. A large numbers of loaded freight cars continue to line up in the export arena south of the city of dates in Buraidah to be … [Read more...]

Islamic banks profits expected to fall in 2015

Reducing oil revenues in the Gulf Cooperation Council (GCC) expected to trigger Islamic banks profits in 2015. Gradual weakening in economic conditions will adversely affect the banking industry in … [Read more...]

The national beheaded for murder

Saudi Arabia beheaded the national after he was convicted of murder. Saleh Al Zahrani was convicted of shooting dead his relative, Attiyah Al Zahrani, during a dispute between them, according to the … [Read more...]

Changes to the process of UK visa in Saudi Arabia

The UK has made changes to the process of visas for applicants from Saudi Arabia traveling to the UK for more than 6 months. The new regulation is aligned closer to the European Commission … [Read more...]

SAR 27 million warded projects in the Asir region

The Asir Region Municipality has awarded contracts for several projects valuing to more than SAR 27 million. The Mayor of Asir region Saleh bin Abdullah Al-Qadhi commented that the awarded projects … [Read more...]