Saudi Telecom Co (STC) reported a 20.2 percent fall in fourth-quarter profit on Wednesday, missing analysts' estimates as the benefits of higher revenue were wiped out by rising service costs and expenses.
The escalation of tension between Saudi Arabia and Iran against the backdrop of the Saudi Arabia execution of a prominent Shia cleric could negatively rebound on the efforts for establishing a peace process in Syria, analysts
Saudi Arabia's decision to cut ties with Iran after attacks on the kingdom's diplomatic missions in the Islamic Republic will not distract from Riyadh's "big mistake" of executing a top Shiite cleric, a senior Iranian officia
Iraq's prime minister condemned Saudi Arabia's execution of Shi'ite cleric Nimr al-Nimr on Saturday amid calls from prominent religious and political figures to sever ties with Riyadh and abort a recent rapprochement.
Saudi Arabia on Monday said this year's budget deficit amounted to $98 billion (367 billion riyals) as lower oil prices cut into the government's main source of revenue, prompting the kingdom to scale back spending for the co
The Ministry of External Affairs on Friday condemned the horrific incident, wherein an Indian woman's right hand was chopped off by the house owner in Saudi Arabia, saying that it was very disturbing and that the matter has b