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35 minutes from Jeddah to Makkah on new road

Travel time between Jeddah and Makkah will be reduced to only 35 minutes with the opening of a new 72-kilometer-long highway which is currently under construction, Ministry of Transport spokesman Turki Al-Toaimi told Makkah Arabic newspaper on Saturday.

The highway will start from the airport in Jeddah and end on the fourth ring road in Makkah.

The highway construction will be carried"...

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Saudi Arabia's reforms should bring flood of foreign funds next year
April 22, 2018

Saudi Arabia's reforms should bring flood of foreign funds next year

Saudi Arabia's inclusion in global equity indexes and the planned privatisation of oil company Aramco are expected to bring big inflows of overseas money into the kingdom next year.

This should help Riyadh rebuild its financial reserves and fund investment plans after the 2014 plunge in oil prices that cut export earnings and deprived the banking system of funds.

Reversing the"...

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Russia eyes an exit, while Saudi Arabia holds oil output curbs together
April 22, 2018

Russia eyes an exit, while Saudi Arabia holds oil output curbs together

Opec kingpin Saudi Arabia is set to maintain a global pact to curb oil output as prices top three-year highs even as Russia looks to ease off production restrictions to meet fiscal targets.

It was “premature” to even talk about gradual easing of cuts at the Opec meeting in June, Saudi oil minister Khalid Al Falih told reporters"...

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Ministry of Health urges hajj pilgrims to take vaccines before flying to Saudi Arabia
April 22, 2018

 Ministry of Health urges hajj pilgrims to take vaccines before flying to Saudi Arabia

The Ministry of Health has urged all citizens and residents who want to perform the hajj pilgrimage this year to take two necessary vaccines before they fly off to Saudi Arabia.

The ministry stated, “Those citizens and residents who wish to perform hajj pilgrimage during this year and accepted by the electronic sorting announced"...

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Saudi Arabia Says Toy Drone Shot Down in Capital Riyadh
April 22, 2018

Saudi Arabia Says Toy Drone Shot Down in Capital Riyadh

Saudi security forces shot down a small recreational drone flying in an unauthorized space in the capital Riyadh on Saturday, according to the kingdom’s state news agency.

The Saudis put out the statement from the Riyadh police after a flurry of unconfirmed rumors spread on social media of clashes and gunfire near the royal palace"...

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Saudi Arabia's reforms should bring flood of foreign funds next year
April 22, 2018

Saudi Arabia's inclusion in global equity indexes and the planned privatisation of oil company Aramco are expected to bring big inflows of overseas money into the kingdom next year.

This should help Riyadh rebuild its financial reserves and fund investment plans after the 2014 plunge in oil prices that cut export earnings and deprived the banking system of funds.

Reversing the"...

Continue Reading

Russia eyes an exit, while Saudi Arabia holds oil output curbs together
April 22, 2018

Opec kingpin Saudi Arabia is set to maintain a global pact to curb oil output as prices top three-year highs even as Russia looks to ease off production restrictions to meet fiscal targets.

It was “premature” to even talk about gradual easing of cuts at the Opec meeting in June, Saudi oil minister Khalid Al Falih told reporters"...

Continue Reading


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