Federica Mogherini will arrive in Saudi Arabia on July 27 and then proceed to Iran to discuss the nuclear deal
The Wafra field was first shut for maintenance on May 11 for two weeks
In talks with US Defense Secretary Ash Carter, King Salman reiterated support for the deal while voicing some concerns
Ash Carter said ahead of his trip that he aimed to discuss American strategy to counter “Iranian aggression” in the region
Some Saudis close to the ruling family have warned that if Iran still manages to weaponise its nuclear programme, then the kingdom will have to follow suit
The company secured an $825m loan from banks in February to pay debt and fund acquisitions
The kingdom’s domestic crude oil inventories jumped to a record above 300 million barrels in May
Saudi King Salman’s met with Hamas leader Khaled Meshaal on Friday
The kingdom exported 7.737 million barrels a day in April
Relations between Hamas and Saudi have improved since King Salman assumed the Saudi throne in January
Officials said they thwarted six suicide operations which targeted mosques in the Eastern province
Bankers expect heavy issuance in coming months that could change banks’ balance sheets and eventually help to create an active domestic bond market
The Abu Dhabi-based carrier will serve as the preferred airline for the Jeddah-based club
Officials and Saudi media with close ties to the ruling family have privately railed against the recent nuclear deal
The Spanish trainmaker won the $201m contract in February, following a feasibility study into building a high-speed rail line between Riyadh and Dammam
A Saudi official said he feared the Iran agreement would make the Middle East more dangerous
The official told Reuters Iran had destabilised the whole Middle East through its activities in Iraq, Syria, Lebanon and Yemen
Obama noted the United States’ commitment to working with its Gulf partners to counter Iran’s destabilizing activities in the region
The value of the deal, Investcorp’s fifth in Saudi Arabia, was not disclosed
The suspected militant was shot dead by security forces in an exchange of fire
The deal might specifically affect Saudi bourse, which is the most sensitive in the Gulf to oil prices due to its heavyweight petrochemical sector
The kingdom said it pumped 10.56 million barrels per day of oil last month, up 231,000 bpd from May, according to OPEC
Majed al-Hogail, former MD of Rafal Real Estate Development, was chosen to head the housing ministry by King Salman
Ben Hamida served as the CFO at Egyptian phone operator Mobinil from 2011
Mobily said that the new CEO has “a proven track record of success in the area of financial management, audit and operations”
Saudi actions had helped reduce the interference of Tehran and its regional clout in Yemen and other countries, the Kingdom’s foreign minister said
Prince Saud was the world’s longest-serving foreign minister when replaced on April 29 by Adel al-Jubeir, the then-ambassador to Washington
The government sold SAR15bn ($4 billion) of bonds to local banks this year, according to a senior official
The Saudi-led OPEC’s willingness to inflict pain on the US shale industry shows no signs of abating but there may be economic consequences later on
NCB reported a net profit in the second quarter of 2015 of SAR 2.36bn ($629m)