Saudi Arabia on Sunday announced the detention of hundreds of government officials, including military and security officers, on charges involving bribery and exploiting public office, and said investigators would bring charges against them. Scores of the kingdom’s economic and political elite were detained in 2017 at Riyadh’s Ritz-Carlton hotel in ...
Stock markets in energy-rich Gulf states tumbled Thursday with Saudi shares down more than 4.0 percent following worldwide losses amid fears over the coronavirus pandemic and an oil price war. Dubai Financial Market dived more than 7.0 percent at the open on the last trading day of the week. Abu ...