Saudi Arabia’s suggestion last month that it will try to limit how much money expatriate workers send home showed concern about the cost of having foreigners make up nearly a third of the population. An estimated nine million foreign workers and their dependents remitted SR26.8bn ($7.1bn) out of the country in the second quarter of [...]

Ritz-Carlton is to open its first hotel in Saudi Arabia this month, the luxury operator said yesterday. The hotel in Riyadh, which has 493 rooms, is near the capital city’s diplomatic quarter. The property was “envisioned as a royal guest palace for visiting dignitaries and heads of state”, Ritz-Carlton said. Analysts say that luxury hotel [...]

Nasair held an Open Day in Riyadh, KSA to recruit Saudi Nationals looking to join the company as flight attendants. Candidates hoping to join the team were received and greeted by Nasair representatives, and were given the opportunity to discuss their career options and the benefits of working for Nasair. Naiem Al Shabanah, Executive Director [...]

JEDDAH, 24 Dhul Qadah/22 Oct (IINA)- To prevent overstaying in the Kingdom, airlines will have to provide financial guarantees that they will transport Hajj pilgrims to their home countries by Muharram 15, 1433H (approximately Dec. 10, 2011), Dr. Fuad Bin Abdulsalam Al-Farsi, Minister of Hajj, told Okaz/Saudi Gazette. He said this measure will be implemented [...]

DUBAI: Saudi Arabia could shortly open its stock exchange to foreign investors, Deutsche Bank’s head of MENA equities said, a move which would allow international capital to own shares outright on the Middle East’s largest bourse for the first time. “I do see it happening very soon,” Ahmed Beydoun told Reuters in a telephone interview. [...]

Alarmed by a predominantly expatriate workforce in Saudi Arabia sending large money transfers outside of the country, the Saudi Labor Ministry has said it will introduce a “salary protection” program to boost its domestic economy. The new program will dictate the amount an expat working in Saudi Arabia can send back home, the Saudi labor [...]

Saudi Arabia is the top ranked country in the Middle East for the ease of doing business through regulatory reforms, a World Bank report has said. Out of 183 economies around the world, the Gulf kingdom was ranked 12th in the Doing Business in a More Transparent World report. It ranks the economies in 10 [...]

Riyadh: Smart cards to pass through passport control have been launched at two major airports in the kingdom and will soon be available for citizens and expatriate travellers at other airports in the country. This was the announcement made by Lieutenant General Salim Mohammad Al Blaihid, Director-General of the Passports Department, at a press conference [...]

Ritz-Carlton is to open its first hotel in Saudi Arabia this month, the luxury operator said yesterday. The hotel in Riyadh, which has 493 rooms, is near the capital city’s diplomatic quarter. The property was “envisioned as a royal guest palace for visiting dignitaries and heads of state”, Ritz-Carlton said. Analysts say that luxury hotel [...]

With the growth of women’s travel in the region, boosted by the increasing number of travelling businesswomen from across the Arab world, Four Seasons Hotel Riyadh at Kingdom Centre is the first in the Kingdom’s capital to develop and offer a Female Traveller Program that is designed to meet the unique needs of the female [...]