In his remarks, Badawi recalled how he received the first round of lashes while surrounded by a cheering crowd that chanted “Allahu akbar” (God is greatest).
Success would establish Riyadh as de facto leader of the region’s Sunni states it has pulled together in a complex armed operation.
Saudi Arabia withdrew its envoy earlier this month over Swedish criticism of the monarchy’s treatment of women and dissidents.
Billions of dollars of Saudi money may be withdrawn from Western banks and financial markets this year as the country copes with a sharp reduction in its revenues.
Such a move would open the way for an international exchange operator such as Nasdaq OMX or Euronext to take a stake in the stock market.
Aabar chairman Khadem al-Qubaisi said the company may issue similar bonds linked to shares in other investments in future, although it currently had no plans to do so.
Kuwait relies on imports for the majority of its food needs and depends on the narrow shipping lane of the Strait of Hormuz for imported food supplies.
The conflict could potentially damage Bab el-Mandeb passage through which nearly 4 million barrels of oil are shipped daily to Europe, the United States and Asia.
These measures include “securing all industrial safety and security requirements and raising the level of security measures of oil installations.
The airports affected include Jizan, Abha and Wadi al- Dawaser, the General Authority of Civil Aviation said.
The company earlier confirmed it had sold its complete 17.4 per cent stake in the London Stock Exchange (LSE).
The decision to send troops to Yemen to support the Gulf states’ operation is being examined by Pakistan, an official said.
The firm had been the biggest single shareholder in the LSE prior to the sale.
The fire in October 2014 caused “significant” damage at one of Almarai’s bakeries in Jeddah, the company said at that time.
Authorities said the CEO’s departure would not affect the Midfield Terminal expansion.
The project, built at a cost ranging between Dhs3 billion and Dhs5 billion, will spread across 22 million square feet in the Jadaf area.
Local media said the resignation came as a member of parliament had demanded to question the minister for allegedly failing to protect the rights of small shareholders.
Bank of America, Barclays and Nomura are joint bookrunners on the stake sale, which is worth around 1.5 billion pounds.
Subscription for the initial public offering will open on April 22 and run until April 28.
The company plans to achieve its 2018 profit target through earnings growth “across our core companies, particularly those in the financial services and media sectors”.
The head of BIE is on an official visit to Dubai to discuss the approaching submission of the Expo 2020 registration document.
The plant, in Jubail, is operated by Sahara & Ma’aden Petrochemicals Co (SAMAPCO) and will be offline for 25 days from April 1.
P&O Ports has signed MOUs for preliminary discussions with the governments of Madagascar, the Republic of Somaliland and Albania to enhance their port infrastructure.
The action allows lawyers for the conglomerate to gather the signatures of creditors in support of the deal outside the Dubai World Tribunal.
The decision looks likely to have little immediate impact on investment flows since foreign ownership limits for most stocks are far from being used up.
Dar Al Arkan chairman Yousef al-Shelash said that he did not expect the tax to be applied to this land, since the company was in the process of developing it.
The cause of the explosion is yet to be confirmed, according to the building manager.
Trading in Amlak was halted in November 2008 as credit markets dried up and the emirate’s real estate prices began a 50 per cent tumble from their peak.
The armor and artillery being moved by Saudi Arabia could be used for offensive or defensive purposes, two U.S. government sources said.
The city, designed to increase female employment opportunities in the Kingdom, will span five million square metres.