New Accounting Standards Cost Saudi $1.3b, but Feared Accountant Shortage Avoided

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Saudi Arabia

News, analysis, and more

YouTube and Saudi Arabia

How women in Saudi Arabia are using YouTube to push the boundaries of social expression

More women, in particular, are using YouTube to express their views -- their videos have become so popular that consumption of female-related content in the ...



May Makes Pitch for U.K. Aramco Listing on Saudi Trip

U.K. Prime Minister Theresa May pitched London as a listing destination for Saudi Aramco’s initial public offering during her trip to Saudi Arabia, a U.K. ...


Debt Finance

Saudi Arabia picks hybrid structure for debut dollar sukuk

Saudi Arabia has chosen a hybrid structure for its debut international sukuk, the prospectus for the offer showed, a format widely used in the Saudi local ...


Accounting Changes

Saudi Companies Cut $1.3bn From Retained Earnings After Adopting International Accounting Standards

The cost of adopting international accounting standards is having a significant effect on the financial position of some Saudi companies, with listed businesses announcing cuts ...


Saudi Oil Policy

Saudi Arabia Alters Oil Pricing To Attract European Buyers

Saudi Arabia is trying to lure buyers from European markets by changing the way it prices its oil in order to make it easier for ...



Ten Saudi MERS cases linked to hospital outbreak

A MERS-CoV outbreak linked to a dialysis unit at a hospital in Wadi Aldwaser has sickened 10 people, 2 of them with asymptomatic infections, the ...


Saudi Hospitality

Terrorism, declining oil prices hit regional hospitality sector

Terrorism and declining oil prices affected the regional hospitality sector especially in Saudi Arabia, Turkey and Egypt, according to Mark Willis, Vice president Middle East ...


Women's Rights

Saudi women in silent walking protest over right to drive in the Kingdom

Women campaigners in Saudi Arabia have filmed themselves silently walking in the street without male companions as part of their fight for the right to ...


Saudi Oger

Saudi Oger awaits findings of project review – sources

Saudi Oger is still waiting for the outcome of a government-commissioned review into its billions of dollars of projects in the kingdom, which could help ...


AN-132 Military Aircraft

Watch The First Flight of Saudi Arabia’s AN-132 Military Aircraft

After conducting all its ground tests, the Saudi-Ukrainian military aircraft Antonov AN-132 completed its first flight. The AN-132 was first launched last December. ...


Saudi +

Regional and related topics

Syria Chemical Attack

Death toll rises in suspected Syria chemical attack as terrified survivors found hiding

The death toll from a suspected chemical attack on a northern Syrian town rose to 72 on Wednesday as activists and rescue workers found more ...



Who Will Retake Raqqa?

Will it be the U.S.-backed Kurdish dominated Syrian Democratic Forces, or some of their aligned Sunni Arab and Turkmen militiamen who will retake Raqqa? Will ...



US military hits AQAP with more than 20 airstrikes

The US military has continued its increased targeting of al Qaeda’s network in Yemen, launching more that 20 airstrikes against the terrorist group over the ...


Middle East Peace

Jordanian king, Sisi meet in Washington over Middle East peace process

Egyptian President Abdel Fattah Al-Sisi met with Jordanian King Abdullah II in Washington on the margins of their meetings with US President Donald Trump to ...


Anti-ISIS Campaign

In the fight against ISIS, Predators and Reapers prove close-air support bona-fides

While the words “close-air support” bring to mind the venerable A-10 Warthog, unmanned Predator and Reaper drones are increasingly assuming that role in battles against ...


Donald Trump Presidency

Perspective: Like Middle East Wars? You’re Gonna Love President Trump

the few short months since he became president, Donald Trump has made clear that his No. 1 foreign policy priority is to “demolish and destroy” ...


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