Saudi Aramco could have a market value of more than $1 trillion in an initial public offering after the government slashed the oil producer’s tax...

The kingdom, which bans movie theaters and other entertainment venues, is challenging its ultraconservative image and loosening the reins on fun by opening its doors...

The reason its capital costs are so low is that the country's oil is located near the surface of the desert and pooled in vast...

In a short speech at the opening of the Arab Summit, the Saudi monarch, whose country has backed rebels fighting to topple Syrian President Bashaw...

Jordan's state media say public and private sector officials from Saudi Arabia and Jordan have signed 15 economic agreements, including establishing a joint fund that...

According to Symantec’s Internet security threat report, Saudi Arabia is the most “impacted” country in the Middle East and Africa (MEA) region in terms of...

But the IPO is mainly about income diversification and boosting the resources of the Public Investment Fund. This is fundamentally different from ‘real’ economic diversification,...

Starting Wednesday, undocumented workers in Jeddah and Makkah can go to Al-Shumaisi’s branch of the Passport Department, located on the Jeddah-Makkah expressway, to finalize their...

China will construct a new facility to produce unmanned aerial vehicles in Saudi Arabia, following a recent visit from Saudi King Salman bin Abdulaziz....

This bakery trusts its customers so much that there's no cashier....

Logistics is a key part of Saudi Arabia’s Vision 2030, with the nation seeking to raise its global logistics ranking to 25 by 2030 from...