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Saudi Arabia recalls ambassador from Syria: king

Saudi Arabia has recalled its ambassador from Damascus for consultations, King Abdullah said Sunday, in a statement calling on Syria’s leaders to “stop the killing machine”. “Saudi Arabia announces the recall of its ambassador for consultations,” the king said in the statement released in Riyadh in which he urged Syria…

Saudi stocks soar on king’s spending spree

RIYADH – Saudi stocks rose sharply at the start of trading on Sunday, in the stock market’s first session since King Abdullah ordered unprecedented economic benefits worth around $100 billion. Tadawul All-Shares Index (TASI) gained 5.6 percent just minutes after trading opened. All 145 listed shares increased as well as…

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