The International Diol Co plant, which has an annual capacity of 75,000 tonnes, was shut from Aug. 29 to improve the efficiency of operations.
The Gulf equities fund, domiciled in Luxembourg, has an intial $30 million in assets.
Tasnee has submitted an offer to the Gulf Investment Corporation to buy the additional stake in Cristal subsidiary , thus raising its overall holding to 79 per cent.
Saudi Interior Ministry spokesman General Mansour Turki said that security forces shot and wounded Bassem Ali al-Qudaihi during an exchange of fire when they tried to arrest him.
Yemen has faced multiple challenges, including regular attacks by al Qaeda and its affiliate, Ansar al-Sharia, as well as protests by southern separatists demanding secession from the country.
Oil prices have slid on ample supplies and concern about weakening demand on slowing economic growth in Europe and China.
Alhokair said on Thursday the facility will fund the acquisition and other expansion by the company.
The fund warned the Kingdom to rein in public spending, which has risen 52 per cent annually since 2010 and reached SAR994.7 billion in 2013.
The total value of oil aid to Egypt from Saudi Arabia since July 2013 through September of this year amounted to $5 billion.
On a quarter-on-quarter basis, GDP dropped 3.1 per cent in the second quarter, the biggest fall since the quarterly data series began in 2010.
As per the contract, Drake and Scull will undertake the mechanical, electrical and plumbing works for Al Dara Hospital in Riyadh.
The plant, with an annual production capacity of 1,000 tonnes of plastic moulds, cost around $29.3 million to build.
The company will use the loan to build residential and infrastructure projects in King Abdullah Economic City
The main Saudi index fell 1.2 per cent on Monday, its biggest decline in three months.
A sources said said the Saudis had sent four F-16 fighter jets, the UAE contributed four warplanes, Bahrain two and Qatar a Mirage jet.
Rouhani said that he had no plans to meet with U.S. President Barack Obama while in New York this week.
Saudi has 1.8 mobile subscriptions per person, which means the new firms must likely woo customers from existing operators and that threat could explain their apparent reluctance to cooperate.
The combined capital adequacy ratio of all banks was 17.8 per cent at the end of the second quarter this year, well above the eight per cent minimum specified by Basel standards.
Oil prices in Europe have declined since June as geopolitical concerns wane and key producers pump large amounts into the market.
The United States has been building a coalition to combat Islamic State, which has seized large areas in Iraq and Syria.
Ma’aden earlier said it would seek capital to fund the expansion of its phosphate and gold operations.
The IPO is expected to be one of the largest ever in the Gulf region.
The Saudi leadership remains mistrustful of U.S. President Barack Obama after a series of disagreements following the Arab Spring.
Saudi Tadawul Index liberalisation will usher in a new era of GCC investment, experts say.
The man called on his countrymen to attack not only the ruling family and Westerners in Saudi Arabia, but also the Kingdom’s senior Muslim clergy.
SWCC, also Saudi Arabia’s second largest power producer, now produces 3.6 million cubic meters per day of desalinated water.
A statement from the state-appointed Council of Senior Scholars has also called for prohibiting militant financing.
The Capital Market Authority has issued rules covering such trade and will immediately start receiving requests from companies to conduct it, the authority said.
Saudi Arabia has arrested thousands of suspected militants since al Qaeda supporters waged a wave of attacks on residential compounds for foreign workers and on Saudi government facilities.
Since listing in November 2010 on Bahrain’s index, Alba stock has struggled.