The company will offer private air transport within the country’s major cities
Oil prices have been supported this year by output cuts
The deal is expected to involve the purchase of all or nearly all of the 70 per cent stake in SABIC held by the Public Investment Fund
Private sector employees in the kingdom receive four days off for each of the Eid holidays and leave for paternity
The 149 passengers and eight crew members belonged to 35 nationalities
The OPEC+ alliance will meet in Vienna on April 17-18, with another gathering scheduled for June 25-26
A media report suggested that the kingdom was considering raising zakat to 20 per cent from the current 10 per cent
Creditors have spent 10 years pursuing Maan Al Sanea and his company Saad for claims estimated to be between $11bn and $16bn
The oil minister said total global oil demand is set to grow by around 1.5 million barrels per day
The drone had been heading towards residential areas in Abha
Ties between Bangladesh and Saudi Arabia have strengthened in recent years
Officials said the proposed list “was not established in a transparent and resilient process”
Both the routes will begin in early June
Falih had said in January that the state oil giant will be listed by 2021
Last week, Saudi Arabia’s cabinet approved electronic visas for foreign visitors to attend sporting events and concerts
Aramco is working on gasoline compression ignition which mixes fuel and air more effectively prior to combustion
Minister says he hopes to raise home ownership to 15,000 new households per month by 2020
Regional telecoms companies have been regularly conducting 5G trials
Local company Next Generation aims to open six cinemas with a total of 50 screen by the end of 2019
The $15bn system is part of a broader $110bn arms package
Saudi ally, the UAE, reopened its embassy in Damascus in December
The bank’s head of investment banking also revealed it was also working on an IPO in the kingdom
The highest ranked Arabs originating from Saudi Arabia in Gulf Business’ annual Arab power list
The proposal has led to a heated debate on social media platforms in the kingdom
The wheat was purchased at an average price of $248.16 a tonne
Technology brands have seen their popularity decline in the last year in both the UAE and Saudi Arabia
It is not yet certain when the visas will become available
Saudi, Kuwait and the UAE put together a $2.5bn package in June to help shore up Jordan’s struggling economy
The public prosecution said it has prepared an indictment list and that the cases are set to be heard soon
Member state unanimously rejected the move to put the kingdom on the blacklist