Gulf currencies pegged to the US dollar have come under pressure but Fitch said that the decision to remove the pegs will most likely be political
Evidence suggests they are alive and detained by the Houthi militias, an official said
The group is planning to significantly expand its geographic footprint in Saudi Arabia
The attack came a day after similar air strikes killed around 50 people
Saudi Aramco will buy the stake for around 1.2bn euros in cash
Critics of the appointment include non-governmental organisation UN Watch and the wife of imprisoned Saudi blogger Raif Badawi
A huge glass panel fell from above the man and smashed into dust just inches away from him
The envoy’s home was reportedly hit by Saudi-led air raids on Friday morning
An industry source said the plant is not expected to start processing non-associated gas from offshore sour gas fields before the end of the year due to technical difficulties
Venezuela’s government is pushing for action to boost low oil prices that have battered its economy
The Emirates, which topped the regional list last year, has seen a massive fall in ratings on the 2015 global innovation index
Elite counter-terrorism units and police deployed to holy sites as three million pilgrims are expected to arrive on Tuesday
The insurance firm said it had received the claim on September 13 and it had appointed evaluators to determine the damage caused by the accident
The new pipeline will replace an ageing 230,000 bpd link and will help increase the processing capacity of its Sitra refinery
The Health Ministry confirmed two more cases of the disease in Riyadh on Thursday, but the number of cases has declined since last month
Crown Prince Mohammed bin Nayef, 56, and Deputy Crown Prince Mohammed bin Salman, 30, are next in line to succeed 79-year-old King Salman
Marib has become a key battlefield between Iranian-allied Houthi militia and a coalition of Yemenis and Emirati, Saudi and Bahraini troops
On Tuesday, Israeli police fired stun grenades and tear gas at rock-throwing Palestinians who barricaded themselves inside al-Aqsa mosque
The diplomat was accused of repeatedly raping and torturing two Nepali maids working at his home near New Delhi
Nasser has been acting president and chief executive officer of Saudi Aramco since April
Saudi Arabia has detained hundreds of people suspected of links to ISIL over the past year
The kingdom issued new regulations governing credit agencies’ operations in Saudi Arabia last year
Those who suffered permanent disability will also receive SAR 1m while others injured will get SAR 500,000 in compensation
King Salman also ordered that the group’s board members and senior executives be barred from travel abroad
Yemeni forces and their Arab allies are fighting to oust the Houthis in a six-month war that has killed over 4,500 people
Qatar National Bank has been granted a license to open a branch inside the kingdom
Under the new project called MGS 2, SEPCO will build a gas compressor station, industry sources said
The UAE and Saudi Arabia have fared better than their GCC counterparts because of economic diversification, says report
The five Saudis were reportedly killed in southern Najran province
SEC’s peak load rose by 10.2 per cent to 62,260 MW from 56,547 MW a year earlier