The Persian Gulf markets are in a fluctuating state at the moment. There is no assurance, if the shares will go up or simply fall down. The Dubai Financial Market General Index showed a growth of 4.3% and Saudi Arabia’s Tadawul All Share Index rose by 0.2 percent.

In what seems an aftereffect of the Jasmine revolution, protesters in the eastern city of al-Ahas, of Saudi Arabia came out in droves to protest against the imprisonment of innocent people without any reason. According to estimates, the protests witnessed the participation of 500 people, a large number of protestors included Shiite Muslims.

On Monday, King Abdullah of Saudi Arabia will be departing for the United States in order to receive medical treatment for his back illness that has worsened due to a blood clot.

The deteriorating health condition of the King has raised concerns regarding the subsequent successor of the world’s leading oil exporting country.

Within hours of blocking popular social network Facebook, saying that the site had “crossed a line” in regard to the country’s conservative values, Saudi Arabia soon reversed its stance and restored access to the site.

The Defence Department of the Obama government announces the selling plan of a  $60 billion worth aircraft armament package to the Gulf in order to realize security efforts overseas.

The deal with Saudi Arabia is the most capacious weapon deal, the US has ever concluded, including  Joint Direct Attack Munitions, or JDAMs also known as one-ton bombs.

Saudi Basic Industries Corp. has shared that it is expecting its Sharq, Yansab and Tianjin plants to leave a positive impact on the petrochemical maker in the second quarter of this year. SABIC’s executive Mohamed al-Mady said that the expansion of Ibn Rushd would commence the productions in fiscal 2013. 

Following the heaviest rainfall in years, floods in Saudi Arabia have killed 77 people and many more could be missing.

A spokesman for the Saudi interior ministry said that there were no casualties among the millions attending the Hajj pilgrimage.

The start of the annual Muslim event in the city of Mecca was disturbed by the heavy rainstorms on Wednesday.

The H1N1 pandemic claimed four more lives of pilgrims in Saudi Arabia who were participating in the annual Mecca pilgrimage.

Health officials reported that they had not been vaccinated against the swine flu virus and came from Morocco, Sudan and Nigeria.

In a Saturday statement, Saudi Arabia’s Minister of Health, Abdullah Al-Rabeeah, said that the kingdom does not plan to bar any ‘high-risk for swine flu’ pilgrim from performing the Hajj pilgrimage this year.

Washington  - Three Saudi detainees being held at the prison at Guantanamo Bay, Cuba were returned to their homeland on Friday, the US Justice Department said.

Khalid Saad Mohammed, Abdalaziz Kareem Salim al-Noofayaee and Ahmed Zaid Salim Zuhair will be subject to judicial review in Saudi Arabia and will undergo a rehabilitation programme.