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Gulf Arab Region

Saudi king orders $19B stimulus for private sector

Saudi King Salman on Thursday issued a decree allocating 72 billion riyals ($19.2 billion) of stimulus funds to support the Saudi private sector. The package aims to boost the role of the private sector in light of economic reforms to diversify the Saudi economy away from oil following...

Saudi King Salman says determined to confront corruption

Saudi Arabia's King Salman bin Abdulaziz said on Wednesday his government was determined to confront corruption with "justice and decisiveness", signalling continued support for a crackdown on sleaze involving mass arrests of top Saudis including royals. In a televised speech to the...

Saudi Arabia lifts ban on cinemas: government

Saudi Arabia on Monday announced a lifting of the kingdom's decades-long ban on cinemas, a landmark decision part of a series of social reforms ushered in by the powerful crown prince. The culture and information ministry announced in a statement that "commercial cinemas will be allowed...