Four more cases of the deadly coronavirus have been detected in Saudi Arabia, the health ministry said, raising the number of people infected from the SARS-like virus in the kingdom to 28, including 15 fatalities.
The four cases were registered in Eastern Province, which has been gripped by panic (...)
Saudi Arabia's banks netted nearly SR9.3 billion (Dh9.2 billion) in the first quarter of 2013 after achieving their second highest income in 2012.
Analysts expect the Gulf Kingdom's 12 banks, which control the second largest Arab asset base after UAE banks, to perform well through 2013 as they (...)
Etihad Etisalat (Mobily) has signed a strategic agreement with Al-Hayat Real Estate Investments Company in which Mobily becomes the main provider of advanced communications services to Al- Nakhlah Residential City.
The agreement was signed in Al-Nakhla Residential City in Riyadh in the presence of (...)
Clashes broke out on Ramses Street near Cairo's High Court where thousands of Islamists have been protesting on Friday.
Tear gas is currently being fired, with no presence of police.
According to Al-Ahram Arabic news website, one of the Muslim Brotherhood's buses parked near Abdel-Moneim Riyadh was (...)
The Egyptian consulate general in Riyadh announced on Wednesday that Saudi Arabian authorities have apprehended the man who murdered Egyptian citizen Abdel Moneim Hassan Abdel Moneim. Abdel Moneim was reportedly shot by the man whose identity at the time of writing was not revealed.
According to (...)
A Gulf rights group has strongly heavy jail terms against two prominent Saudi rights activists and called on the authorities in the kingdom to free them immediately.
"We strongly condemn these jail terms and demand that Saudi authorities release them immediately and scrap the verdicts," said the (...)
Saudi police have arrested 176 people, including 15 women, for holding an illegal protest to demand the release of Islamist prisoners.
The agency, quoting a police spokesman, said protesters were arrested "after refusing to break up a gathering outside the offices of the investigation bureau and (...)
Ambassador Hossam Eissa, Egyptian Consul in Riyadh, is closely following up the developments of the case of killing an Egyptian citizen, who was shot dead at Al Qassim in Saudi Arabia, said Counselor Nazih El-Nagari, Deputy Spokesman for the Egyptian Foreign Ministry. Also, the Deputy Consul and (...)
Mr Hassan Malek, Chairman of the Egyptian-Saudi Business Council, said the council will convene a meeting at the end of January to discuss the available investments opportunities and also the problems facing the Saudi investments in the Egyptian market, in order to be reviewed with the Saudi side (...)
Saudi Arabia is by-far the largest telecom market in the GCC, accounting for 66% of total mobile subscribers, 59% of total fixed-line connections and 58% of total internet users. Despite this only 38% of the country's population are connected to the internet. Couple this with favorable economic and (...)
SAUDI Arabia's Etihad Etisalat (Mobily) said Saturday it has approved at an extraordinary general meeting held at the Four Seasons Hotel in Riyadh, a board recommendation for a 10 percent increase in capital through a bonus share issue.
The firm said in a statement posted on the bourse's website (...)
Top business and political experts and leaders gather in Riyadh tomorrow to discuss pressing economic issues facing Arab countries, including freeing up trade flows, protecting investments and creating millions of new jobs. The two-day Arab Private Sector Forum (APSF-2013) brings together 500 (...)
Banque Saudi Fransi (BSFR), whose fourth- quarter profit topped estimates, will probably spur “upbeat" earnings expectations for other banks in the largest Arab economy, according to JPMorgan Chase & Co. (JPM)
The fifth-biggest Saudi Arabian lender, part-owned by Credit Agricole SA (ACA), said (...)
Nagla Wafa, an Egyptian wedding dress designer, has been in prison in Saudi Arabia since 2009, following a dispute with a princess. (Photo via Facebook)
An Egyptian fashion designer and mother of two received the final 50 lashes of her 500 lash sentence early Monday morning.
Najla Wafa had an (...)
The Ministry of Foreign affairs denied claims that the Egyptian embassy in Riyadh published a statement encouraging Egyptian citizens in Saudi Arabia to vote in favour of the proposed constitution.
Images of what appear to be official leaflets with statement “yes to the constitution" have been (...)
Saudi Arabia is facing a huge housing shortage as demand continues to outstrip supply requiring SR500 billion in financing to construct 1.25 million houses by 2014. Total real estate financing is also forecast to reach SR60 billion by 2013, as a result of growth in total real estate lending by SR17 (...)
Saudi Arabia is facing a huge housing shortage as demand continues to outstrip supply requiring SR 500 billion in financing to construct 1.25 million houses by 2014. Total real estate financing is also forecast to reach SR 60 billion by 2013, as a result of growth in total real estate lending by SR (...)
A picture of Barcelona star Lionel Messi with a gun pointing to his head in Saudi Arabia has led to sarcastic comments by the player's fans.
The Argentinean football team arrived in the Gulf country Monday night to play a friendly against the national team, causing chaos at King Khaled (...)
Saudi Arabia's King Abdullah will undergo a back operation next week to tighten a loose ligament in his back, the Royal Court said in a statement carried by state news agency SPA.
"The operation will take place, God willing, next week at King Abdulaziz Medical City for the National Guard in (...)
RIYADH – At least 10 people were killed when a fuel truck crashed into a flyover in the Saudi capital Riyadh on Thursday, triggering an explosion that brought down an industrial building, witness and television reports said.
Al Arabiya and Al Jazeera television stations said that at least 50 people (...)
Saudi media reports say a blaze that erupted inside a tent at a wedding in the country's east has killed at least 23 women and children.
The media cite civil defense officials as saying that celebratory gunfire, common at weddings, brought down a power line that touched off the fire late Tuesday in (...)
From around SR24 billion in the first nine months of 2011, the aggregate net income of Saudi Arabia's 12 banks swelled to nearly SR27 billion in the first nine months of 2012, their balance sheets showed.
An upturn in the domestic economy allied with an increase in credit boosted their net profits (...)
SAS International, a leading manufacturer of interior fit-out products in Saudi Arabia, is a proud sponsor of this year's Construction Week Design & Build Awards: Saudi Arabia 2012.
Andrew Jackson, Director at SAS International, comments: "Following on from a projected 2012 increase of 5.4% * (...)
SafeNet, Inc., the global leader in data protection, will showcase SafeNet latest data security solutions at the 2012 Gulf Information Technology Exhibition (GITEX 2012). Visitors to the SafeNet booth in Hall 2, D2-10, can experience these solutions first-hand and understand how these can be (...)
Dar Al-Arkan has been named "Best Residential Developer in the Kingdom of Saudi Arabia" by Euromoney magazine in its recently released "Eighth Annual Global Euromoney Real Estate Survey".
Yousef Al-Shalash, Chairman of the Board of Directors of Dar Al-Arkan Real Estate Development Company, said the (...)