The firm attributed the profit drop to lower income from associates and joint ventures
The $2bn-plus scheme will remove sulphur from refined oil products
The country’s justice minister has warned verbal approval is required under Shariah law
New regulation lowering requirements on foreign investors and allowing them to own larger stakes was expected in 2017
Ibrahim al-Buainain replaces Yasser Mufti, who was named executive director of new business development in June
The factory will have an annual production of 120 million packets in the first phase
The project will be on the United States’ Gulf Coast, possibly in Texas or Louisiana
A statement said the border guards detected attempts by “hostile” armed groups to cross the border
Saudi’s Shoura Council said the decision was aimed at preventing harm against the holy cities and preserving local investment
The company has around $6bn of claims against it collapsed in 2009
Real estate experts suggest prices need to decline for sales activity to pick up
The opening up of the Saudi stock market to qualified foreign investors presents some potentially interesting challenges
China imported 4.569 million tonnes of crude from the kingdom in June
The president of the kingdom’s union of labour committees has argued Saudi workers deserve a significant pay rise
“Playing Pokemon will distract the driver who may hurt himself, other motorists and pedestrians,” an official has warned
The plan for Fadhili includes a 1,500-megawatt power plant
Facing a severe cash squeeze, it has been forced to halt work at a string of projects and lay off thousands of staff
Protesters stormed Saudi’s embassy in Tehran following Riyadh’s execution of a prominent Saudi Shi’ite cleric
The company has been hit by government spending cuts and its suspension from receiving new state contracts
The release of classified pages from the report showed no official Saudi role in the attacks
Sara Al-Attar, Lubna Al-Omair, Cariman Abu Al-Jadail and Wujud Fahmi will compete at the Games
The investment fund could buy up to 15 very large crude carriers
Increasing marriage-related expenses are said to be preventing young Saudi men from getting hitched
The former monopoly is hoping its new brand will give it an edge in Saudi Arabia’s booming youth market
Saudi King Salman appointed his nephew, Mohammed bin Nayef, as crown prince last year
Warning comes as the country is ranked among the heaviest social media users in the world
Those who accumulate more than 30 violation points in a year will be dismissed
Saudi Arabia is expected to list 5 per cent of the state-owned oil giant by the end of 2018
The $2.1bn complex will serve Saudi Aramco’s Jazan refinery and terminal
Billionaire Prince Alwaleed’s firm agreed to exchange its stake in FRHI last December