Both countries have recorded growth in new business orders and have seen a rise in output, a report says
No details have been disclosed as yet about where or when the joint investments would be made
The King Abdullah City for Atomic and Renewable Energy announced the cooperation deal on its website
Exports fell to 7.737 million bpd from 7.898 million in March when they hit their highest levels in almost a decade
WikiLeaks published more than 60,000 documents on Friday it says are secret Saudi diplomatic communications
A total of 2,284 Saudis have joined militant groups in Syria since the conflict began in 2011
The talks follow OPEC’s meeting on June 5 in which the group kept its output policy unchanged
The police chief said the seizure was made possible by information arising from the capture in May of a vehicle containing similar explosives
Ahmad bin Abdelaziz Al-Fares replaces Abdulrahman bin Saleh Al-Ruwatie, who was the acting director-general of the GSFMO.
Two Saudis, named al-Mutairi and al-Khaledi, were reportedly killed
The Prince and Forbes have been embroiled in a dispute ever since the magazine’s annual billionaires list was published in 2013
Saudi’s market regulator has said foreign institutions can buy stocks directly from June 15, but it has not so far announced the award of any licences
The company did not disclose the value of the deal but other media reports valued it at $8.2 billion.
Saudi Arabia’s Capital Market Authority has indicated it does not want or expect large, sudden fund inflows
The deal could include 30 A320neo planes and up to 20 A330 aircraft, sources said
The government said that it will rethink quotas in some sectors which failed to attract citizens due to the nature of work involved
The region is holding its breath as Saudi Arabia finally opens up the Tadawul to foreign investors, but are the doors fully ajar?
Riyadh may soon have to face a choice: accept the de facto control of its foes over Sanaa and cut a deal, or keep fighting with the risk of Yemen sinking into total chaos.
The company officials said while Chinese oil demand was stabilizing, the highest growth was likely to come from India in the second half of this year.
The company aims to double the number of outlets in the UAE and Saudi Arabia in the next six to 12 months
A group of 33 pilgrims from Saudi was exposed to poison on Sunday while staying at a Mashhad hotel.
The regulator has been investigating Mobily after the firm slashed 18 months of previously announced profits.
Raif Badawi was sentenced to 1,000 lashes, a 10-year jail term and a fine of SAR 1 million last year.
More than 100 people, including civilians, were also wounded in the attack, according to reports.
The arrests come after the government declared a reward for helping nab the suspects in the mosque bombing case and for providing information about future attacks.
The government has allowed Shi’ites to set up community protection groups to search people entering mosques and checkpoints to monitor entrances to villages after the attacks.
EFG-Hermes says nearly a third of its $3 billion of assets under management is in Saudi Arabia, with $265 million managed by its Saudi unit.
Regulatory obstacles and uncertainty about the size of fund inflows are deterring foreign firms from undertaking any quick build-up in their staffing and office space in Riyadh.
About 11 new grounds were to be built as a means of growing the game in the kingdom but sources said only two will be built as state spending is hit by low oil prices.
The ministry also offered a $1.9 million reward for information that would avert any future attacks.