Thursday 28 August 2014
 
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Saudi Arabia

Saudi oil output ‘can’t fill in for major losses’

The world is currently trailing four million barrels per day (bpd) in terms of oil supply disruptions, and with 2.4 million bpd in untested spare capacity, Saudi Arabia may not be able to accommodate the loss of Southern Iraq or another major co

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Saudi nationalisation defaulters face big action

More than 17,000 firms in Saudi Arabia that are in the "red zone" of the Nitaqat nationalization scheme for not employing a single national, are under the spotlight of a major campaign to be launched by Labour Ministry, a report said.

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Saudi nationalisation defaulters face big action

More than 17,000 firms in Saudi Arabia that are in the "red zone" of the Nitaqat nationalization scheme for not employing a single national, are under the spotlight of a major campaign to be launched by Labour Ministry, a report said.

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Saudi sets up new sponsorship transfer rules

Saudi employers, whose foreign workers wish to transfer their sponsorship, will be given five days from the date of application to file their objections, according to new rules introduced by the Ministry of Labour, a report said.

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Saudi sets up new sponsorship transfer rules

Saudi employers, whose foreign workers wish to transfer their sponsorship, will be given five days from the date of application to file their objections, according to new rules introduced by the Ministry of Labour, a report said.

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Saudi sentences 18 to jail for militant offences

A Saudi Arabian court has sentenced 18 men to prison terms of 10 months to 25 years for their part in a series of militant attacks against government and foreign targets between 2003-06, state media reported late on Wednesday. The

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Saudi Arabia opens new family courts

Saudi Arabia on Tuesday opened new courts focusing on family disputes, the first of a series of specialised tribunals aimed at making the kingdom's legal system faster, more transparent and predictable. Changes to the legal sy

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Brent ‘not likely to fall below $100 for long’

Saudi Arabia’s oil buffer is ample and Brent will not likely fall below $100 per barrel for long, unless Saudi wants it to, said a report released by BofA Merrill Lynch Global Research. If oil averages $105 per barrel, Saudi

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Bahrain-Saudi causeway trucks waiting time cut

Waiting times for trucks at the Bahrain customs area at King Fahad Causewayi have been slashed by a third in one month, a report said. Loaded trucks have had a waiting period reduced from 757 minutes to 505 minutes, reported the G

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Obesity-linked diseases 'kill 20,000 a year in Saudi'

More than three million people in Saudi Arabia are obese and around 20,000 people die from obesity-related diseases annually, a report said citing studies. Saudi Sugar and Endocrinology Society in the Eastern Province has warned t

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