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Salaries in Saudi to Increase 5-6% in 2019, Women Participation to Rise 15%, Study Says

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Salaries for mid-level to senior professionals in Saudi Arabia will rise between 5-6% on average in 2019 and women will see a 15% rise in workforce participation in 2019, a recent study by GCC-based recruitment consultancy Cooper Fitch said.

Saudi Arabia

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Banking and Finance

Saudi Banks Set for Most Growth in 4 Years as Rates Offset Oil

Saudi Arabian banks may report double-digit earnings growth this year as rising interest rates and increased government spending offset the risk of higher bad-debt charges. ...

 

MENA Loans

Saudi borrowers fuel MENA syndicated loan boom

Newly published league tables from Bloomberg show that regional loans increased by more than half last year, surpassing the previous record set in 2007. ...

 

Saudi Workforce

Saudi Arabia goes full steam with Saudisation of sales jobs

The job opportunities will be in sales roles, including medical equipment stores, construction and building materials shops, car spare parts shops, carpet shops and sweets ...

 

Illegal Workers

Saudi arrests over 2.3 million in continuing crackdown on illegal workers, residents

Among the 2,376,215 people arrested, over 1.8 million violated residency regulations, 364,636 flouted labour laws and 165,327 were caught for border violations. ...

 

U.S.-Saudi

U.S. says has yet to see credible version of Khashoggi’s killing from Saudis

U.S. Secretary of State Mike Pompeo will emphasize the need for accountability and credibility in the investigation of Khashoggi’s death during a visit next week ...

 

Agriculture

Saving Water, Growing Food in the Saudi Desert

In 2016, researchers at Saudi Arabia's King Faisal University began sounding alarms that the nation is about a decade away from running out of groundwater. ...

 

Janadriyah Festival

Visitors wander down memory lane at Janadriyah festival

Through the tour, visitors can get a comprehensive glimpse into the culture, customs, diverse history and dramatic landscapes defining the country’s 13 provinces. Folklore and ...

 

Prince Abdullah bin Bandar

FaceOf: Prince Abdullah bin Bandar bin Abdul Aziz, minister of the Saudi National Guard

Prince Abdullah bin Bandar bin Abdul Aziz, who has been serving as deputy governor of the Makkah region since April 2017, has been named minister ...

 

Oil

Petronas-Saudi RAPID refinery begins trials on crude oil unit: sources

Malaysian state oil company Petronas started trial runs at the crude distillation unit (CDU) for a joint-venture refinery with Saudi Aramco in Malaysia last week, ...

 

Saudi Entertainment Ventures Company

Saudi Entertainment Ventures launches Riyadh’s first entertainment complex

Saudi Entertainment Ventures Company, one of the subsidiaries of the Saudi Arabian Public Investment Fund, has unveiled its newest project which is planned to be ...

 

AHAB

Saudi court to hold first hearing on AHAB dispute under new bankruptcy law – Maal

A commercial court in Dammam will hold on Monday a first hearing on a debt settlement for the conglomerate Ahmad Hamad Algosaibi and Brothers (AHAB) ...

 

Saudi +

Regional and related topics

Trump Foreign Policy

Amid chaos over Trump’s foreign policy, Pompeo heads to Middle East with some explaining to do

Secretary of State Michael R. Pompeo, starting this week, will swing through at least eight countries in eight days, including Egypt, Saudi Arabia and most ...

 

Trump Foreign Policy

Bolton outlines conditions for U.S. pullout from Syria

President Donald Trump’s national security adviser said Sunday that the American military withdrawal from northeastern Syria is conditioned on defeating the remnants of the Islamic ...

 

Oil Prices

Oil prices see increase as U.S.-China trade talks restart

Crude oil prices were up Monday alongside news of the restart of trade talks between the United States and China, and also after a report ...

 

Rami Malek

Arabs react to Egyptian-American Rami Malek’s Golden Globe win

Malek was born in Los Angeles, California, to Egyptian parents and identifies as an Egyptian-American who grew up speaking Arabic at home. He rose to ...

 

Egypt

Egypt el-Sissi inaugurates cathedral, mosque in new capital

Egypt’s president on Sunday inaugurated a new cathedral for the Coptic Orthodox Church and one of the region’s largest mosques in a highly symbolic gesture ...

 

Turkey

Turkey to investigate whether Google violated competition law

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Africa

Gabon Government Says It Quashed Coup by Army Mutineers

Gabonese authorities said they put down an attempted coup by a group of mutineering soldiers who’d seized control of the national broadcaster and vowed to ...

 

Lebanon

Goldman Asks What If Lebanon Is Forced to Restructure Debt

Goldman Sachs Group Inc. still sees an imminent debt restructuring in Lebanon as unlikely but is already turning its attention to how much investors could ...

 

Barbara Millicent Roberts

Barbie at 60, and how she made her mark on the Arab world

After the Barbie ban swept the Middle East around 2003, many local companies were keen to step in, with local and regional alternatives coming on ...

 

NBA

Enes Kanter to skip New York Knicks’ London trip, citing fear of Turkey’s Recep Tayyip Erdogan

In December 2017, Turkey's state-run news agency, Anadolu Agency, reported that prosecutors were seeking more than four years in prison for Kanter on charges of ...

 

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