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Saudi King Relieves Health Minister, Second In A Month

Mohammed bin Abdulmalik bin Abdullah Al Al-Sheikh will be acting health minister, state news agency SPA said.

Houthi Mortar Shell Kills Three Saudi Officers On Yemen Border

The statement was given by Saudi’s defence ministry.

Saudi Authorities Catch Police Shooting Suspect

Police found the weapon and car used for the shootings at the home of Rami Abdullah Thulab al-Shammari.

Iran Summons Saudi Envoy Over Houthi Remarks

Iran’s Foreign Ministry said the envoy was summoned over the “baseless accusations” by Brigadier-General Ahmed Asseri.

Saudi Oil Minister Adviser: Annual Oil Demand Seen Growing To 1m bpd

The increase is in line with the growth in world consumption, which is likely to increase to 105 million bpd in 2025.

Iran’s Khamenei Says Saudi Air Strikes In Yemen Causing Genocide

Iran’s Supreme Leader Ayatollah Ali Khamenei called for Saudi Arabia’s actions in Yemen to be tried in international courts.

Dubai’s Nshama Awards Town Square Service Contract To Binladin Group

Saudi-based Binladin is the first company to win a contract for the mega 31 million sq ft Town Square development in Dubai.

Saudi Arabia Postpones Third Phase Of Nitaqat Over Private Sector Backlash

The latest phase requires a large increase in local employee quotas in the private sector, which could lead to a negative impact on the economy.

Saudi Arabia Blocks Iran Flight Carrying Pilgrims

Th Iranian flight carrying 260 pilgrims, had not got prior clearance, Saudi’s state news agency reported.

Saudi-Led Air Strikes Hit Sanaa, Border Areas And South Yemen Overnight

Saudi Arabia, backed by four GCC states and other allies, has waged two weeks of air strikes against the Iran-allied Houthis.

Iranian President Calls On Saudi To End Yemen Air Strikes

Saudi Arabia and a coalition have waged air strikes against the Iran-allied Houthis to try to drive them back from Aden.

Oil Edges Back From 6% Fall, But Outlook Weak

The slump in the previous session was triggered by a shock jump in U.S. crude inventories and record Saudi output.

Saudi’s Bahri Says Q1 Net Profit More Than Doubles

It attributed the rise to an increase in its fleet of very large crude carriers to 31 from 17.

Abraaj Says Completes Investment With TPG In Saudi’s Kudu

The deal is a first in the region for TPG, which manages about $65 billion of capital.

Saudi Shipper Bahri Signs Deal With South Korea’s S-Oil

Bahri expects to book revenues of at least $67 million annually from the deal.

Banque Saudi Fransi Q1 Net Profit Rises 22.7%, Beats Forecasts

The bank attributed its rise in net profit to an increase in total operating income.

Saudis Say Efficiency Drive To Save 20% Of Energy Use

Rules introduced in the last few years require homes and businesses to install insulation and tighten standards for air conditioners.

Two Saudi Policemen Shot Dead In Riyadh

The policemen were patrolling in their vehicle at 1:30 a.m. when shots were fired at them.

Saudi’s Jarir Marketing Q1 Net Profit Rises 22.7%, Beats Forecasts

It made a net profit of SAR247 million in the three months to March 31.

Saudi Pumps Up Oil Production To A Record High Of 10.3m Bpd

The Kingdom produces more than 10 per cent of the world’s crude.

Saudi’s Naimi Says Ready To Help Improve Oil Prices, But Not Alone

The Saudi oil minister also said he expected oil prices, that have languished near six-year lows, to improve in the near future.

US Speeds Up Arms Supplies To Saudi-Led Coalition

Washington is also stepping up intelligence sharing with the coalition, which is conducting military airstrikes against Houthi fighters in Yemen.

US, Saudi Arabia Sanction Pakistani Charity Al-Furqan

he Treasury said its sanctions would shut Al-Furqan out of the U.S. financial sector and prohibit Americans from doing business with the organisation.

Yasref Refinery In Saudi Arabia Loads First Petcoke Cargo

The new 400,000 barrel per day refinery had previously started exports of diesel and gasoline.

Pakistan Parliament Resumes Debate On Yemen Operation

Saudi has asked Pakistan to join its military coalition that began conducting air strikes last month against Houthi forces in Yemen.

Saudi’s Riyad Bank Q1 Net Profit Rises 8.6%

The bank said it made $312 million in the three months to March 31.

Revealed: Top 10 Richest Arabs In The World

Saudi billionaire Prince Alwaleed tops the 2015 of the top 100 richest Arabs in the world as compiled by Forbes Middle East.

Saudi’s Almarai Q1 Profit Gains 12% On Higher Sales

The firm made a profit of SAR306.5 million ($81.7 million) during the first quarter of 2015.

Saudi Poultry Firm Al Watania Plans Stock Market Float – Sources

Bankers will make formal presentations to the company this month and Al Watania will decide on who will advise it on its Saudi listing by May.

Louis Berger Inks $100m Deal To Develop Madinah’s Public Transport System

The firm will act as the programme management office consultant (PMOC) for the public transportation project that aims to ease congestion.