The cost of the project has been estimated at SAR2.8bn
The drop in July output was due to lower exports after Riyadh halted oil shipments through Bab al Mandeb
Market volatility has made investors more cautious about buying Saudi and Kuwaiti stocks
Abdullah bin Zanan will also be prevented from entering the changing rooms and sitting on the bench for two official games
NEOM is intended to be a major business zone and tourist centre powered by renewable energy
The second Future Investment Initiative is set to take place this October
The survey also found that 78 per cent of women who intend to drive plan to buy a car
The kingdom lifted its female driving ban on June 24
The government wants the majority of retail roles in 12 areas to be held by Saudis from early September
Nine IPOs raised $881.5m in the MENA region in the second quarter
Another attack was reported on Jazan on Monday morning
The kingdom has been targeted by more than 181 missile attacks since entering the Yemen civil war
The planned listing was to be the cornerstone of the kingdom’s Vision 2030 agenda
Two other pilgrims who were injured in the incident are now in stable condition
More than 100,000 people have been arrested so far this month
The Saudi coalition said the kingdom had been targeted by 181 missiles since entering the Yemen civil war
The sovereign wealth fund has been charged with helping to deliver the Vision 2030 reform plan
Russia and Saudi Arabia have cooperated closely on global oil markets
Sources told Reuters that the Armaco IPO had been postponed indefinitely
Saudi has frozen new trade with Canada, expelled Ottawa’s ambassador and recalled its own ambassador
The number of people providing services to the pilgrims exceeded 250,000 this year
Germany has been embroiled in a diplomatic spat with Saudi since November
A total of 45 food trucks have been offering food, drinks and desserts to pilgrims
The mother of former Saudi Crown Prince Muqrin passed away
The extension comes two weeks after the kingdom ordered all Saudi students home by the end of the month
A Reuters report quoted sources as saying that Saudi had called off both the domestic and international stock listing of Aramco
A total of 749 establishments were also fined during this year’s hajj season
Authorities redesigned the Jamarat area after stampedes in 2004 and 2006 killed hundreds of pilgrims
The kingdom has seen an increase in missile attacks in recent weeks
The first commercial 5G networks and devices based on the 3GPP standards are expected in 2018