The company could be valued at $2bn to $3bn in an initial public offering
The sale process could be completed by the third quarter
The kingdom has a waiting list for 1.5 million housing units over the next five years
Aramco has a stake of 65 per cent in Sadara
Saudi’s deputy crown prince has ruled out any dialogue with Iran
Prince Mohammed first described his reform plans to the public almost exactly a year ago
Al-Benyan was speaking a day after the petrochemical maker reported an 80 per cent jump in net profit
Aramco’s total loading and export capacity will rise to 15 million barrels per day
Ahmed Al-Khateeb was quoted as confirming the plans last week
A big German business delegation is travelling with Merkel on her Gulf visit
The contract runs for up to 20 years
The suspects included foreign and Saudi citizens, and were detained in Jeddah
The gym brand is currently owned through a 60/40 per cent split by two funds
The brand currently has nine outlets in the UAE
The Ministry of Labour and Social Development announced last Thursday that all jobs at car rental firms would be restricted to Saudi nationals
The new currency to mark the era of King Salman was first made available at the end of December
The US President said Washington was losing a “tremendous amount of money” defending the kingdom
Cinemas are banned in the kingdom, but concerts have started to be held this year
Dubai was found to be the most expensive in the region, according to a new report
Amin Nasser says the oil market is “pointing upward”
The Citizen’s Account is designed to compensate Saudis for the rising cost of living
Yemeni forces reportedly try to to blow up an Aramco fuel terminal in Jazan
British banks are the biggest shareholders in both lenders
The government said in 2016 it would rescue the project as part of efforts to diversify the oil-reliant economy
Russian shipments grew nearly 1 per cent to 1.104 million barrels per day
Khaled Al-Araj was removed from his position as minister of civil affairs on Saturday
The kingdom has forecast a SAR198bn deficit this year
It may soon be mandatory for all firms in the kingdom to open bank accounts for their domestic workers
Saudi restored financial allowances for civil servants and military personnel on Saturday
The Al-Duwaihi gold mine is owned and operated by the Saudi Arabian Mining Company (Ma’aden)