The kingdom is expected to achieve economic growth in 2015 of 3 per cent
Riyadh saw 47 MERS cases over the last week while the cities of Najran and Abha recorded one infection each during this period
Oil has dropped to six-year lows, less than half mid-2014 levels
The new city will be built around energy-related industries, a source said
The coalition said it was investigating the cause of the crash, which took place in Saudi Arabia’s border province of Jizan
Fitch said on Friday it expects the general government deficit to widen to 14.4 per cent of GDP in 2015
The opening up of the $1.2bn international airport in Madinah – the kingdom’s first privatised airport – heralds new possibilities
The advanced weapons deployed by the Gulf states have powered local fighters against Houthi rebels
The project, known as System A, will involve building processing facilities, wellheads and pipelines for gas in Turaif
The deal stipulates that Egypt pay Aramco within a year
Issa Saleh Hassan Barkaj and Ishaq Issa Ahmed Shakila were executed in Mecca on Thursday morning, the ministry said in a statement
The main Saudi stock index has plunged 12 per cent this month
The kingdom has confirmed 58 new cases of MERS since the start of August
Yasser Mufti, head of mergers and acquisitions at Aramco, will replace Said al-Hadrami, sources said
Hodeida is held by the Houthi rebels and allied army units loyal to former president Ali Abdullah Saleh
The two soldiers were reportedly fighting with Yemeni Houthi rebels in Jazan province
Firms violating the midday work ban will be fined SAR 10,000 ($2,665) while some could be forced to shut down, the ministry said
The government sold $5.3bn of riyal bonds to banks last week to help to cover a huge deficit caused by low oil prices
It increased its 2013 revolving credit facility by SAR400m, with National Commercial Bank and Samba Financial Group contributing equally to the extra amount
Khalid Alsweilem argues that the current arrangement is dangerous because the finance ministry can draw freely on the reserves when it wants to cover budget deficits
Many Saudis take bank loans to consolidate existing debts, according to a new report
About 30 of those detained are Saudi nationals while the other suspects hailed from Syria, Bahrain, Yemen and Pakistan
The firm said that its board approved the acquisition of a 35 per cent stake in Sukoon
Iconic developments like the under construction Kingdom Tower, set to be the world’s tallest building, are leading the trend, Colliers said
Oil prices are already under pressure, in part from an oversupply of fuels produced by refiners enjoying healthy margins from cheap crude
The seasonally adjusted Emirates NBD Saudi Arabia Purchasing Managers’ Index climbed to 57.7 points last month from 56.1 in June
Rising spending and falling oil revenues have created a state budget deficit which the International Monetary Fund projects at 20 per cent of GDP this year
Previously, customers could obtain cash advances equivalent to as much as 50 per cent of their monthly credit card spending limits
A shell reportedly fell on a house around dawn in Najran province
Private equity investments in the Middle East and North Africa rose 118 per cent last year, a new report shows