Saudi Arabia gives confirmation on no refunds for cancelled exit and re-entry visas to the countrySaudi Arabia's Jawazat has clarified that exit and re-entry visa fees are non-refundable, even upon cancellation, impacting expatriates pla...
16 Jun, 2025, 09.57 AM IST
Saudi Arabia unveils currency symbol to promote financial statusThe design, made up of Arabic calligraphy of the word riyal, will be implemented gradually for use in financial and commercial transactions...
21 Feb, 2025, 06.01 AM IST
Saudi Arabia posts budget deficit of $3.30 billion in first quarterSaudi Arabia faces a Q1 2024 deficit of 12.387 billion riyals due to lower oil revenues. The kingdom plans giga-projects for economic diver...
05 May, 2024, 09.37 PM IST
Saudi Arabia issues nearly $9.6 billion local sukuk after early redemptionsThe government of Saudi Arabi has issued new local currency Islamic bonds worth around 35.9 billion riyals ($9.57 billion) after buying bac...
13 Aug, 2023, 10.29 PM IST
Saudi Arabia approves 2023 budget, surplus seen shrinking - Saudi mediaSAUDI-ECONOMY/BUDGET (URGENT)Saudi Arabia approves 2023 budget, surplus seen shrinking - Saudi media
07 Dec, 2022, 10.10 PM IST
Saudi oil giant Aramco shares hit record highAramco's stock was trading at 42.9 Saudi riyals ($11.4) in Riyadh, according to the Saudi Tadawul market website.
02 Mar, 2022, 04.43 PM IST
Saudi Arabia's Nahdi Medical set to raise up to $1.36 billion in IPOThe offering's price range was set at 119 riyals-131 riyals a share, according to a bourse filing. The company is selling 39 million shares...
01 Mar, 2022, 11.42 AM IST
Saudi sovereign fund PIF set to raise $3.2 bln in Saudi Telecom stake saleThe deal, which was marketed internationally, is the biggest equity capital market transaction in the Middle East this year, said a source ...
10 Dec, 2021, 03.11 PM IST
Saudi Arabia's STC Pay gains digital banking licenceSaudi Telecom's STC Pay business will be converted into a digital bank with paid-up capital of 2.5 billion riyals ($666.7 million) after Sa...
23 Jun, 2021, 01.44 PM IST
Saudi Arabia's imports from Turkey edge up in FebruaryImports from Turkey came to 24.5 million riyals ($6.53 million) in February, up from 14.1 million riyals a month earlier but still about 98...
25 Apr, 2021, 12.59 PM IST
Saudi Arabia imports from Turkey hit fresh record low amid informal boycottImports from Turkey fell to 14.1 million riyals ($3.76 million) from 50.6 million in December, and from 622 million riyals in January 2020,...
25 Mar, 2021, 04.27 PM IST
Currencies equivalent to Rs 1.13 crore seized from flyerThe currencies - USD, Omani Riyal, Saudi Riyal and UAE Dirhams - were concealed in savoury packets in thebaggage of the passenger at the in...
24 Mar, 2021, 04.12 PM IST
Saudi Arabia 2021 budget: Spending cut announced after deficit spike on oil, COVID-19Saudi Arabia expects the economy to shrink by 3.7% this year but to swing back to a 3.2% growth next year. Saudi Finance Minister Mohammed ...
16 Dec, 2020, 12.16 PM IST
Saudi Arabia to get sovereign wealth fund dividend, has no tax hike plan: FinMin"We called for part of the dividends, so we are possibly going to receive around 15 to 25 billion Saudi riyals in dividends from PIF," Fina...
16 Dec, 2020, 11.54 AM IST
Indians brace for Saudi ‘family tax’The fee — 100 riyals (approx. Rs 1,700, as on Tuesday) per month for each dependent — is likely to prove a big financial burden for the Ind...
21 Jun, 2017, 08.13 PM IST
- Saudi Arabia to invest $133 billion for power generation and water projects
"Energy consumption in Saudi Arabia is witnessing an unprecedented growth, prompting a wave of investments expected to reach $133 billion."
11 Apr, 2013, 01.23 PM IST
- Sabic takes a 2.4% hit on payout news
Saudi Basic Industries, the world’s biggest chemicals maker by market value, fell after the company announced its 2007 dividend and share b...
31 Dec, 2007, 02.24 AM IST