The Spanish trainmaker won the $201m contract in February, following a feasibility study into building a high-speed rail line between Riyadh and Dammam
A Saudi official said he feared the Iran agreement would make the Middle East more dangerous
The official told Reuters Iran had destabilised the whole Middle East through its activities in Iraq, Syria, Lebanon and Yemen
Obama noted the United States’ commitment to working with its Gulf partners to counter Iran’s destabilizing activities in the region
The value of the deal, Investcorp’s fifth in Saudi Arabia, was not disclosed
The suspected militant was shot dead by security forces in an exchange of fire
The deal might specifically affect Saudi bourse, which is the most sensitive in the Gulf to oil prices due to its heavyweight petrochemical sector
The kingdom said it pumped 10.56 million barrels per day of oil last month, up 231,000 bpd from May, according to OPEC
Majed al-Hogail, former MD of Rafal Real Estate Development, was chosen to head the housing ministry by King Salman
Ben Hamida served as the CFO at Egyptian phone operator Mobinil from 2011
Mobily said that the new CEO has “a proven track record of success in the area of financial management, audit and operations”
Saudi actions had helped reduce the interference of Tehran and its regional clout in Yemen and other countries, the Kingdom’s foreign minister said
Prince Saud was the world’s longest-serving foreign minister when replaced on April 29 by Adel al-Jubeir, the then-ambassador to Washington
The government sold SAR15bn ($4 billion) of bonds to local banks this year, according to a senior official
The Saudi-led OPEC’s willingness to inflict pain on the US shale industry shows no signs of abating but there may be economic consequences later on
NCB reported a net profit in the second quarter of 2015 of SAR 2.36bn ($629m)
Agencies which apply before the end of August will be allowed to operate until they receive a licence
The company has been rocked by accountancy issues which have forced it to restate financial statements dating back to 2013
The 176 km six-line driverless network is scheduled for completion in 2019
The new hotel is scheduled to open in the first quarter of 2019 and will be located on Prince Sultan road in Jeddah
The bombing, which killed 27 people, was Kuwait’s deadliest militant attack
The UN has been pushing for a halt to the air strikes and fighting that has killed nearly 3,000 people in Yemen since March
The smartphone market’s share in the region is now just under 77 per cent
The Saudi state oil company has lowered the August price for its Arab Light grade for Asian customers by 10 cents a barrel versus July
The PMI, a regular survey of businesses, reached its lowest level since August 2009
Total investment will be about $640m for the technology and plant construction
The terminal will be spread across three floors and includes an extended and widened runway
The 32-year-old militant had been jailed in the past for six years on criminal charges
The United Nations last week designated the Yemen war as a Level 3 humanitarian crisis, its most severe category
Kuwait attack has raised concerns about the number of young Saudi men willing to travel to attack Shi’ites in smaller Gulf countries, taking advantage of the visa-free travel