Three stadiums in Riyadh, Jeddah and Dammam will be ready to accommodate families from early 2018
SABIC made a net profit of SAR5.79bn
The Gulf region is one of the burger chain’s largest international markets
Future reforms are expected to cut subsidies, raise taxes, overhaul an outdated education system
The kingdom is currently inaccessible for most tourists
OPEC and other major oil producers have cut output by about 1.8 million bpd since January
Last year Virgin Galactic was granted an operating licence by US authorities
Prince Mohammad also reiterated that the IPO is on track for 2018
The Saudi-headquartered site quietly went online in the UAE at the end of September
The 26,500sqkm business and industrial zone will extend into Jordan and Egypt
Alabbar’s Emaar is the joint developer of the King Abdullah Economic City project
Foreign musicians are also expected to perform at the festival
The bank recently obtained an investment banking licence in the kingdom
Flyadeal began operations last month
Investments will be in sectors such as real estate and infrastructure
China’s second-biggest e-commerce firm plans to enter the Middle East
Klaus Kleinfeld, the former chairman and CEO of Alcoa and Arconic, has been appointed to the role
The 26,500 square km zone, known as NEOM, will focus on industries
Inventories have been reduced by over 180 million barrels
The Saudi government plans to expand the PIF
A disgruntled employee is the main suspect in the murder
More than 600,000 Rohingyas have fled a government crackdown in Myanmar in recent months
Prince Alwaleed also said the valuation of electric car maker Tesla Inc was “too exuberant”
Saudi national Meshari Al-Khaled has been appointed managing director and office head of the operation
Aramco is preparing to list about 5 per cent of its shares
The change comes ahead of an expected increase to the work permit fee
Foreign investors with appropriate experience and expertise will be allowed to own such stakes
The foreign affairs ministry said the news had “absolutely and categorically no truth”
Individuals in these categories will now be able to work in professions limited to Saudis only
The US Secretary of State met with the Saudi Crown Prince in Riyadh