S&P said historical data suggested there was a clear link between non-performing loans and oil prices
The blaze, which happened earlier this week, killed 10 people and injured more than 200
STC said that it is continuing to invest in both mobile and fixed networks while modernising their IT systems
Gross domestic product, adjusted for inflation, expanded 3.8 per cent from a year earlier in the second quarter, accelerating from a revised 2.3 per cent in the first quarter
Coalition spokesman Brigadier General Ahmed Asseri denied the strike had hit a civilian target
Aramco said the fire broke out in a basement of the Radium residential compound in Al Khobar
A new survey shows that Gulf firms are not big risk takers in terms of innovation
Saudi’s market suffered the most from panic selling in the Gulf and is still down 12.8 per cent month-to-date
The war in Yemen has killed more than 4,300 people, many of them civilians
The two leaders will discuss Syria, Yemen and steps to counter Iran’s destabilising activities in the region, a White House spokesman said
The monarch’s visit next month will be his first official trip to the US after ascending the throne earlier this year
The attack killed 19 U.S. service personnel and wounded almost 500 people
The total number of judicial killings in the kingdom has reached 130 so far in 2015
The kingdom is expected to achieve economic growth in 2015 of 3 per cent
Riyadh saw 47 MERS cases over the last week while the cities of Najran and Abha recorded one infection each during this period
Oil has dropped to six-year lows, less than half mid-2014 levels
The new city will be built around energy-related industries, a source said
The coalition said it was investigating the cause of the crash, which took place in Saudi Arabia’s border province of Jizan
Fitch said on Friday it expects the general government deficit to widen to 14.4 per cent of GDP in 2015
The opening up of the $1.2bn international airport in Madinah – the kingdom’s first privatised airport – heralds new possibilities
The advanced weapons deployed by the Gulf states have powered local fighters against Houthi rebels
The project, known as System A, will involve building processing facilities, wellheads and pipelines for gas in Turaif
The deal stipulates that Egypt pay Aramco within a year
Issa Saleh Hassan Barkaj and Ishaq Issa Ahmed Shakila were executed in Mecca on Thursday morning, the ministry said in a statement
The main Saudi stock index has plunged 12 per cent this month
The kingdom has confirmed 58 new cases of MERS since the start of August
Yasser Mufti, head of mergers and acquisitions at Aramco, will replace Said al-Hadrami, sources said
Hodeida is held by the Houthi rebels and allied army units loyal to former president Ali Abdullah Saleh
The two soldiers were reportedly fighting with Yemeni Houthi rebels in Jazan province
Firms violating the midday work ban will be fined SAR 10,000 ($2,665) while some could be forced to shut down, the ministry said