Saudi electricity consumption doubled between 2005 and 2015. During the peak summer months, when temperatures soar past 120 degrees Fahrenheit, the kingdom burns about 700,000...

While an Aramco IPO continues to grab the headlines, Saudi Arabia is quietly getting on with the business of weaning itself off a dependence on...

But top officials, including Prince Mohammed, met senior local businessmen last month to reassure them that the crackdown was mostly over and that it was...

Companies had boosted output and purchasing at the end of last year, ahead of the new tax, meaning the slowdown “is likely to be transitory,”...

Saudi Arabia increased its crude oil exports slightly in December to 7.045 million barrels per day (bpd), official data showed on Monday....

Saudi Arabian banks could save up to $400m per year using blockchain software to facilitate cross-border payments, which is a credit positive move for the...

Saudi Arabia's finance ministry sold 7.22 billion riyals ($1.93 billion) of domestic sukuk in its monthly sale by re-opening an issue originally made last month,...

Based on its award-winning global safe driving initiatives, DSFL has customized an introductory Program which focuses on building women’s confidence behind the wheel, expanding their...

The Health Ministry in Saudi Arabia is continuing its programme of hospital privatisation as 17 university hospitals are set to welcome private sector management in...

Defense Minister Khurram Dastagir, who was giving a policy statement in the senate on a recent government’s decision to send 1000 additional troops to the...

oung entrepreneurs intending to set up small and medium enterprises (SMEs) should go into franchising, the Riyadh Chamber of Commerce and Industry (RCCI) advised recently....

He also criticised religious authorities for failing to apply a previous ban on mosques using loudspeakers for broadcasting sermons and recitations, accusing them of caving...

“We already have a structure in place,” said al-Jubeir in Vienna on the sidelines of a meeting with his Austrian counterpart, referring to the Gulf...