Tuesday 7 July 2015
 
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Saudi Arabia

Mövenpick adds new hotel to Saudi Arabia portfolio

International hospitality firm Mövenpick Hotels & Resorts is expanding its Saudi Arabian portfolio with the addition of a fourth property in the kingdom’s thriving city of Jeddah. The 300-key Mövenpick Hotel He

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First Marriott opens in Makkah

Marriott International, a luxury global hotel chain, has launched its first flagship brand in Saudi Arabia’s holy city with the opening of the Makkah Marriott Hotel.   The arabesque themed 426-room property sits on the h

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RJ to commence Tabuk operations

Royal Jordanian (RJ), the national carrier of the country, will commence regular flights from its hub in Amman to Tabuk, northern Saudi Arabia, from July 15. The latest addition raises the number of destinations in Saudi Arabia to

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Almarai Q2 net profit surges 22pc

Saudi Arabia's Almarai, the largest dairy company in the Gulf region, has reported an 22.41 per cent increase in second-quarter net profit on Sunday. Almarai made a profit of SR530.4 million ($141.43 million)in the three month

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Almarai Q2 net profit surges 22pc

Saudi Arabia's Almarai, the largest dairy company in the Gulf region, has reported an 22.41 per cent increase in second-quarter net profit on Sunday. Almarai made a profit of SR530.4 million ($141.43 million)in the three month

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Saudi non-oil business activity hits record low

Growth in Saudi Arabia's non-oil private sector slowed in June, a survey of businesses showed on Sunday, reaching its lowest level since the survey was launched in August 2009. The seasonally adjusted Emirates NBD Saudi Arabia

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Saudi non-oil business activity hits record low

Growth in Saudi Arabia's non-oil private sector slowed in June, a survey of businesses showed on Sunday, reaching its lowest level since the survey was launched in August 2009. The seasonally adjusted Emirates NBD Saudi Arabia

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Saudi policeman killed during security raid

A Saudi policeman was killed on Friday in an exchange of gunfire during a raid to arrest a wanted person in the western city of Taif, the SPA state news agency quoted an interior ministry spokesman as saying. The agency said three

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Saudi economy accelerates in first quarter

Saudi Arabia's economy accelerated in the first quarter of 2015, showing the world's top oil exporter can cope with low energy prices, but growth may slow as the government faces pressure to rein in spending. Gross domesti

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Shell chief says US shale producers under Saudi pressure

Opec's decision, led by Saudi Arabia, to not cut oil production has put pressure on US shale gas producers which in turn has put brakes on America's energy boom, the chief executive of Royal Dutch Shell said in an interview with the Fi

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