(Bloomberg) — Saudi Arabia will waive the controversial fees it requires industrial companies to pay for their foreign workers for a period of five years, lightening...
(Bloomberg) — Saudi Aramco’s chairman said the drone strike on the kingdom’s main crude-processing plant won’t slow preparations for an initial public offering of the state-owned...
(Bloomberg) — Saudi Arabia’s oil production was cut by half after a swarm of explosive drones struck at the heart of the kingdom’s oil industry and...
United Arab Emirates Energy Minister Suhail Al-Mazrouei says Saudi Arabia’s replacement of Khalid Al-Falih with Prince Abdulaziz bin Salman as the energy minister doesn’t mean there...
(Bloomberg) — Saudi Arabia has awarded to two Saudi firms contracts to build worker housing for its futuristic mega-city called Neom, as plans for the $500...
(Bloomberg) — Saudi Arabia’s king late on Saturday named his son as energy minister, replacing Khalid al-Falih, the news agency SPA reported, citing a royal order. The...
(Bloomberg) — Saudi Arabia created a new ministry for industry and mineral resources that’s separate from the current energy ministry, reducing the remit of Energy Minister...
The state-owned Saudi Aramco might be considering a two-stage initial public offering (IPO) with a domestic debut and a subsequent international listing possibly in Tokyo, according...
Investors in a New York-listed exchange-traded fund tracking Saudi Arabian stocks withdrew the most money on record, just as MSCI Inc. completed the country’s long-waited upgrade...
(Bloomberg) — The firm that’s transforming an archipelago, desert and mountains — an area about the size of Belgium — on Saudi Arabia’s Red Sea coast...