The new law contains articles seeking to make limited liability and joint stock companies simpler to manage and more attractive to investors.
The new Saudi Arabian Company for Industrial Investment will have capital of SAR2 billion.
The company is looking at deals in healthcare and education.
The country imported 10.65 million tonnes of barley in 2013.
The hotel chain is focussing on Saudi Arabia and the UAE with four hotels apiece.
Trading in shares of Amlak was suspended in November 2008 as credit markets dried up.
The e-commerce site will invest the amount in boosting technology and improving its mobile offering.
The five-year deal will be only the fourth Kangaroo transaction from a Middle Eastern bank.
Net profit in 2013 was 46.2 million dinars ($164.1 million) compared to 33.7 million dinars a year earlier.
The non-agreement on the structure and the valuation of the deal were the primary reasons to call off the merger, a statement said.
The Saudi index, which includes several large petrochemical companies, eased throughout last week as oil prices retreated.
Doha carrier looks to capitalise on Djibouti’s rising commercial profile
A Patek Philippe men’s wristwatch, set with 42 emeralds, fetched the highest price at $341,000.
Companies hiring illegal workers will be subject to a recruitment ban lasting two years and will be blacklisted as per new rules.
Priced at Dhs439, the device is part of the new Nokia X family of affordable smartphones.
Dubai carrier makes unusual move and decides to drop new route
Foreign investors now hold 13.7 per cent of Dubai Investments’ shares out of the total 20 per cent allowed, bourse data showed.
The company will issue as many as 110.3 million new shares with an over-allotment option of 16.5 million additional shares.
The new agreements will help avoid problems that arise from misinterpretation of the documents, a statement said.
It was not immediately clear who planted the bomb or the extent of the damage.
If it goes ahead, the sale of Mauser would be one of the largest asset disposals by the emirate since its debt crisis in 2009.
Air Berlin needs to remain German so as not to lose its traffic rights outside the European Union, a German weekly reported.
Dubai real estate prices could triple by 2020, writes Peter Cooper.
Qatar’s Syria policy matters not only because Doha remains a generous backer of the opposition but also because its dispute with other funders.
Only nine funds have been domiciled in the DIFC since its current funds regime was introduced in 2010.
The Kingdom’s tourism sector provided around 751,000 new jobs in 2013, including around 27 per cent of them for Saudis.
Oman’s government has said it would revive its privatisation programme to raise revenue and stimulate the private sector.
Paris-based Webedia has bought a majority stake in digital media firm Diwanee.
The sukuk will enhance the bank’s Tier 2 – or supplementary – capital.
The offering is likely to take place before the end of the year or in the early part of 2015, sources say.