Jordan’s place on the Security Council still would need to be approved by two-thirds of the General Assembly.
But by 2020 the oilfields of Texas and North Dakota will be past their prime and the Middle East will regain its dominance.
Kingdom Holding bought a three per cent stake in the micro-blogging site in 2011 for $300 million.
Security forces in riot gear fired into the air and used truncheons to disperse large crowds in the Manfuhah neighbourhood of southern Riyadh.
Saudi leaders fear President Barack Obama’s administration has stopped listening to its Arab ally.
Cobone is looking to tap into the Gulf’s booming online travel industry by offering greater features.
Sulaiman Al-Habib Medical Group has appointed the investment banking arm of Banque Saudi Fransi to assist with the sale.
The government hopes that reducing the number of illegal workers will create opportunities for Saudi job-seekers.
The biggest businesses in the Kingdom, valued by market capital.
The rate of output growth for non-oil producing private sector companies, at 58.2, was the second-slowest in the survey’s 51-month history.
The Saudi government has promised raids on businesses, markets and residential areas to catch expatriates whose visas are invalid.
Saudi Arabia is angry over what it sees as a weak foreign policy on the part of the Obama administration.
Kuwaiti women are free to drive in their country and enjoy far more rights than those in Saudi Arabia.
Two inmates were admitted to hospital for alleged gunshot wounds while firefighters put out the blaze.
The four new cases bring the number of people worldwide struck by the MERS virus to 149, of which 63 have died.
STC made a net profit of 3.39 billion Saudi riyals in the three months to September 30, up from 1.95 billion riyals a year earlier.
The firm, owned by billionaire Prince Alwaleed bin Talal, attributed the profit gain to an increase in gains on investments
Dubai International Capital is in negotiations to sell its 18 per cent stake in Rivoli Group to Saudi-based Al Rajhi Capital, say sources
The Kingdom has backed the rebels battling President Bashar al-Assad
Profit fell to SAR2.853 billion in the three months ended Sept. 30
The telecoms operator made a net loss of SAR421 million in the three months to Sept. 30
Activists posted 12 films on YouTube said to be of women driving on Saturday
The company’s sales in the third quarter rose nine per cent to 48.8 billion riyals over the same period in 2012.
Organisers of the campaign say their call for women to drive on Saturday was not a political protest
The United States and Saudi Arabia have been allies since the Kingdom was declared in 1932.
Saudi Arabia rejected a UN Security Council place in protest at the body’s failure to end the war in Syria and act on other Middle East issues.
Itqan Capital is eyeing up to $200 million for the fund that it plans to launch with Bahrain-based school consultancy firm D3 Consultants in 2014.
Critics accused the Kingdom of jailing activists without due process and abusing the basic rights of Saudi women
PetroRabigh estimated the financial loss due to the outage at around $22 million.
The Kingdom refused its newly won council seat condemning the UN body’s double standards on the Middle East