The Public Investment Fund already owns a 13.7 per cent stake in ACWA
The emergency landing took place after “sparks” were seen in the aircraft
Khalid Al-Falih said the kingdom aimed to more than triple the mining sector’s GDP contribution
The defendants were also charged with belonging to an extremist group
The projects have been delayed due to factors ranging from the slow issuance of visas to clients facing funding shortages
Flags will be placed beside company names on the Saudi Stock Exchange website when they exceed 20, 35 and 50 per cent losses
Sources said Investcorp invested between $100m to $200m for a 30 to 40 per cent stake in the company
Saudi aims to reduce electricity and water subsidies by SAR200bn by 2020
A supervising committee will oversee the privatisation process
The joint venture will begin operations in the second quarter of 2017
The company said it may not be able to continue operations
The 130-key hotel is scheduled to open in 2019
Thousands of shops have been closed following the introduction of new Saudisation rules
The truce was announced on Friday night as a step to end the 20-month old war
A series of delays and setbacks have hit the project
An officially has indicated delayed projects would be revived following the payments
The 48-hour truce started at noon on Saturday
The US has always had a complicated relationship with Saudi, writes Reuters’ columnist John Kemp
Under government reforms, PIF will invest more actively abroad
OPEC agreed in September to limit supply with special conditions given to Libya, Nigeria and Iran
Iran’s surge to the top spot is due partly to less available crude from Saudi
At least 18 members of the consultative body are expected to be replaced
Khalid al-Falih said third parties would independently verify “reserves” disclosed to investors
A report claimed the PIF is reviewing the sale of stakes in local companies as it seeks to diversify its portfolio
The missile was targeted towards the city of Najran
Six Flags could open up to three parks in the kingdom
Currently most of the teams in the Saudi Professional League are government owned
The non-oil sector is expected to expand 2.5 per cent
Workers given Huroob status will never be able to return to the country
Riyad REIT was capitalised at SAR500m