Saudi to announce initiatives to support private sector – finance minister

RIYADH (Reuters) - Saudi Arabia will soon announce initiatives to support growth in the private sector, Finance Minister Mohammed al-Jadaan said on Sunday. Jadaan, speaking at a briefing ahead of the expected release in December of the state budget for 2019, said the initiatives would benefit industry, tourism and other sectors

The Saudi exchange opened in negative territory on Sunday

By: Middle East Affairs On Sunday, the Saudi trade opened in a negative area, broadening – regardless of whether just hardly – critical misfortunes gathered toward the finish of a week ago as financial specialists were shaken by developing markets instability. Somewhere else in the Gulf, markets were blended, with the Dubai

1 killed in missile attack in Saudi Arabia

DUBAI - Fragments from a missile launched into Saudi Arabia from Yemen by Houthi forces killed one civilian and wounded 11, Saudi state media said on Thursday. The Houthis, an Iran-allied group that controls much of Yemen including the capital Sanaa, said it fired a missile at the Jizan Industrial City