The government is pushing for 70 per cent of jobs at 12 types of stores to be held by Saudis
The company is looking for future investment opportunities in Africa, adds CEO
The company’s results are closely tied to oil prices and global economic growth
The warnings came after 49 people were rescued in Tabuk after being stranded by flooding
Foreign Minister Adel al-Jubeir also said that relations with US remained strong despite the Khashoggi incident
The project includes 17,000 homes
The admission comes after the kingdom initially said Khashoggi was accidentally killed
More than two dozen top officials and executives boycotted the FII investment conference over the killing of Saudi journalist Jamal Khashoggi
British billionaire Richard Branson earlier this month said he would suspend his directorship in two Saudi tourism projects
Saudi plans to develop resorts on 50 islands off the Red Sea coast
The kingdom is working on a number of economic reforms to diversify its oil-reliant economy
A network of schools to be created over next 10 years will accommodate up to 130,000 students and create jobs for 16,000 people
Prince Mohammed said Saudi Arabia and Turkey would work together “to reach results” on a joint investigation
The two citizens were executed at the general prison in Madinah
The SAMA governor said that institutions that pulled out of the Saudi conference will still be able to apply for and obtain banking licenses
Saudi Arabia has detained 18 people and dismissed five senior government officials as part of an investigation into Khashoggi’s death
The agreement came as Pakistani Prime Minister Imran Khan attended a Saudi investment conference in Riyadh
Three members from the Quds Force, the branch of the Revolutionary Guards that operates abroad, have been included on the list
Riyadh has said the journalist was killed in its consulate during a “rogue operation”
FDI flows into the kingdom hit a 14-year low last year
Last week, PIF-backed funds bought around $1.33bn of stocks, a regional fund manager said
Saudi energy minister Khalid al-Falih said that the oil market was in a “good place”
It was unclear whether Son would still attend the event which started on Tuesday
The Turkish president said Saudi journalist Jamal Khashoggi was killed in a “savage way”
Western officials and business executives pulled out of the Future Investment Initiative following an outcry over the killing of journalist Jamal Khashoggi
Mnuchin has described the kingdom’s explanation of the killing as a “good first step but not enough”
Hundreds of bankers and company executives are still expected to join officials in Riyadh
The works will take more than three years, the company said
Islamabad has already asked the IMF to open negotiations for the country’s second potential bailout in five years
Several US and European companies have pulled out from the event following the killing of journalist Jamal Khashoggi