Saudi Arabia

UPDATE 1-Saudis propose 10 pct foreign ownership cap for bourse

DUBAI, Aug 21 - Saudi Arabia's stock market regulator proposed rules on Thursday for opening the $580 billion market to direct investment by foreign institutions, including a 10 percent cap on foreign ownership of the market's value.

Saudi Arabia sentences 18 to jail for militant offences

RIYADH - A Saudi Arabian court has sentenced 18 men to prison terms of 10 months to 25 years for their part in a series of militant attacks against government and foreign targets between 2003-06, state media reported late on Wednesday.

10:18am IST

Soccer-Australia claim Liverpool's Smith with Socceroos call-up

SYDNEY, Aug 21 - Australia coach Ange Postecoglou called England under-21 international Brad Smith into his squad for next month's Asian Cup warm-ups against Belgium and Saudi Arabia on Thursday.

7:18am IST

MIDEAST STOCKS-Banks lift Saudi to 6-year high; Suez project cheers Egypt

DUBAI, Aug 20 - Banks led Saudi Arabia's stock index to a new six-year peak as trading volumes increased on Wednesday, while Egypt also extended gains. But other Gulf markets were subdued as a summer lull deepened.

20 Aug 2014

Saudi court sentences one to death, 30 to jail for militant attacks

RIYADH - A Saudi Arabian court has sentenced one man to death and 30 others to prison terms of up to 30 years for their part in a series of militant attacks against government and foreign targets since 2003, state media reported.

20 Aug 2014

UPDATE 1-Saudi court sentences one to death, 30 to jail for militant attacks

RIYADH, Aug 19 - A Saudi Arabian court has sentenced one man to death and 30 others to prison terms of up to 30 years for their part in a series of militant attacks against government and foreign targets since 2003, state media reported.

20 Aug 2014

S.Arabia opens family courts, first step in wider legal reform

RIYADH - Saudi Arabia on Tuesday opened new courts focusing on family disputes, the first of a series of specialised tribunals aimed at making the kingdom's legal system faster, more transparent and predictable.

19 Aug 2014

Saudi Arabia's Grand Mufti denounces Iraq's Islamic State group

RIYADH - Saudi Arabia's Grand Mufti Sheikh Abdulaziz Al al-Sheikh, the highest religious authority in the country, said on Tuesday the militant groups Islamic State and al Qaeda were "enemy number one of Islam" and not in any way part of the faith.

19 Aug 2014

Saudi Arabia executes five men for drug possession, murder

RIYADH - Saudi Arabia executed four men for possession of hashish on Monday and another man for murder on Tuesday, local media reported, taking to 18 the number of people it has put to death in two weeks, prompting alarm from rights groups.

19 Aug 2014

Saudi court sentences one to death, 13 to jail, for attacks

RIYADH - A Saudi Arabian court on Monday sentenced one man to death and 13 others to prison terms of up to 30 years for their part in a series of militant attacks against government and foreign targets last decade, state media reported.

19 Aug 2014
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Israeli air strike kills three Hamas commanders in Gaza

GAZA/JERUSALEM - An Israeli air strike killed three senior Hamas commanders in the Gaza Strip on Thursday, a clear sign of its intention to hit the group's armed leadership days after a ceasefire failed.