Al Tayyar said quarterly sales rose 22 per cent year-on-year.
Under the contract, the first phase of an expansion of the master gas system, SEPCO will install two booster gas compressor stations.
The official Saudi news agency said that 13 men had exploited Saudi territory to form a terrorist cell seeking to carry out a terrorist operation against American forces in Qatar and Kuwait.
Saudi Arabia’s largest listed developer plans to spend over SAR1 billion on projects in 2015.
Funds raised from the issue would be used for general business purposes, the company said.
NCB, which is currently undertaking the largest ever IPO in the GCC, made $498.4 million in the three months to September 30.
The private equity firm has been in exclusive talks for months to buy a controlling holding in the restaurant group.
The company made a net profit of SAR232 million ($61.8 million) in the third quarter, up from SAR229 million in the corresponding period of 2013, according to a bourse filing.
The bank said it made a profit of SAR1.28 billion ($341.2 million) in the three months to Sept. 30, up from SAR1.17 billion in the same period a year earlier.
Crude output from their jointly-run offshore Khafji oilfield has been halted temporarily to comply with environmental rules.
King Abdulaziz International Airport in Jeddah was rated the world’s second worst airport by a travel website based on an online poll.
Each of the three big IPOs currently in Saudi Fransi’s pipeline is larger than SAR1 billion ($267 million), the company’s chief executive said.
Saudi International Petrochemical Co reported a 13.3 per cent drop in third-quarter net profit.
Muhammed Abd Al Rahman Awn Al-Shamrani, 39, should stay at the prison because he remains a security threat, the Periodic Review Board said.
The deal will allow Rezidor to develop new Radisson Blu and Park Inn hotels in markets such as Riyadh, Dammam, Jeddah, Makkah and Medina.
State-owned National Commercial Bank, which has about $116 billion of assets, currently has a mixed business.
The world’s top oil exporter exported 6.663 million barrels per day in August, down from 6.989 million bpd in July.
The company made a net profit of SAR303.74 million ($81.0 million) in the third quarter, up from SAR282.08 million in the year-earlier period.
The firm made a net profit of SAR691.3 million ($184 million) in the third quarter, down from SAR864.8 million in the same period of 2013, a statement to the Saudi bourse said.
Under the plan approved at a board meeting on Thursday, MMG’s capital will be cut from SAR1.25 billion to SAR125 million, creating one share for every 10 shares currently possessed.
The company, a unit of Saudi Basic Industries Corp (SABIC), said it made a profit of SAR913 million ($243.5 million) in the third quarter, up from SAR734 million in the year-earlier period.
The field, whose production is around 280,000 bpd-300,000 bpd, will be brought offline “immediately”.
The Kingdom’s largest listed retailer aims to open six new stores on average each year.
The firm attributed the rise to a 5.6 per cent rise in revenue and a reduction in costs and marketing expenditure.
An industry source said there was no impact on oil operations in the world’s top crude exporter.
Prices above $100 are unsustainable because they lead to too much new supply and too much demand destruction, writes Reuters columnist John Kemp.
The bank attributed the rise in quarterly profit to higher operating income, which increased 12.1 per cent.
Saudi Aramco Products Trading Co sold a November 180-centistoke derivative to Glencore at $466.25 a tonne.
The Saudi index sank to 9,407 points, its lowest level since mid-April.
The group was convicted of embracing militant ideology, the possession of ammunition in their apartment and firing on security services during a raid on their apartment in Mecca, killing one security officer.