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Saudi authorities have arrested since the beginning of the current month some 66 individuals, mostly Saudi citizens, accused of links with terrorist groups. The arrestees include 61 Saudis, one Qatari national, one Yemeni, one Sudanese and one Syrian and one Read more
Saudi entertainment authorities cancelled Sunday a charity concert that was to be given by a number of singers including Egyptian pop icon Sherine Abdel Wahab. The concert, slated for end of October, was to raise funds for children suffering from Read more
Saudi Arabia Tuesday announced it would invest over the coming five years close to $67bn to meet its energy demand with focus on renewable energies. The investment, according to energy minister Khalid al-Falih, will fuel production of 80,000 megawatts (MW). Read more
The saudi Public Investment Fund (PIF) announced Monday the establishment of $1.07bn Fund to support Small and Medium Size companies as part of continued policy to diversify the economy and end dependence of oil revenues. The fund called Fund of Read more
Saudi Arabia is likely to receive US advanced defense system Terminal High Altitude Area Defense (THAAD) in a deal estimated at $15 billion. The State Department Friday said it approved the deal, which is yet to be green-lighted by the Read more
Saudi Arabia announced Thursday military deal in which Moscow will deliver its latest S-400 air defense system and transfer expertise to Saudi Arabian Military Industries (SAMI). Aside from the S-400 air defense system, Riyadh will also buy Kornet anti-tank guided Read more
21 Saudis and one Qatari national have been arrested for igniting ‘public feelings’ through social media. The arrested, all men, according to the Presidency of the State Security circulated video clips on social networking sites to disturb public order and stir Read more
The San Francisco-based company announced Tuesday it will start recruiting women as drivers to take advantage of authorities’ decision to allow women to sit behind the wheel. The company’s Middle East, Europe and Africa head of operations, Pierre-Dimitri Gore-Coty on Read more
Saudi Arabia and Russia are on the verge of setting up a joint fund worth $1bn aiming at strengthening energy cooperation between the two giant oil producers. The deal is to be officially unveiled this week during the historical visit Read more
Richard Branson will invest in the Saudi mega project seeking to turn 34, 000 km of the Rea Sea coastline into a luxurious resort expected to create 35, 000 jobs. The English investor and owner of Virgin Airlines will be Read more