Dur Hospitality has been expanding across Saudi Arabia as the local economy picks up pace.
Marriott International will operate an 80-unit hotel and a 140-unit executive apartment complex in the diplomatic quarter in Riyadh.
Saudi Arabia climate deal negotiator said that the new climate change policy should address the vulnerabilities of countries reliant on oil.
Saudi Arabia blocked calls last month from poorer members of the OPEC for production cuts to arrest a slide in global prices.
The decree said the reshuffle was in preparation for the Kingdom’s 2015 budget, which is expected to be announced late this month.
Brent crude oil fell more than $2 a barrel on Monday to a new five-year low.
Out of those detained, 109 are Saudi citizens while the remaining 26 hail from Syria, Yemen, Egypt, Lebanon, Afghanistan, Ethiopia, Bahrain, and Iraq.
The biggest listed businesses in the Kingdom, valued by market capitalisation.
The transaction is in line with the company’s strategy to maximise its stakes in its subsidiaries, a statement said.
The discounts on Saudi crude oil for Asian customers in January were the biggest since at least 2002 while prices were cut to the United States for the fifth month in a row.
Houthi fighters, friendly with Iran, took over the capital Sanaa in September.
The contract, awarded by the government, covers the construction of staff housing at King Khaled University.
Companies surveyed said demand had slowed and competition had increased, but market conditions were still positive overall.
The 400,000 bpd Yasref refinery started trial runs in September and had originally planned its first exports by November.
When fully operational, the mine is expected to produce 100 million pounds of copper in concentrate per year.
The company will use the murabaha-structured facility for capacity expansion plans in different projects.
Saudi Arabia’s index rose 0.7 per cent while other Gulf markets declined.
Brent hit a high of $71.46 a barrel on Wednesday before giving up some gains and moving close to $71.
Oil has fallen since June to reach its lowest since October 2009.
The operator said it owed Mobily only SAR13 million.
The government gets about 90 per cent of its revenue from oil exports.
Mobily and Zain Saudi are embroiled in a money dispute.
Oil prices rebounded three to four per cent after touching five-year lows on Monday.
Zain Saudi owed Mobily SAR2.2 billion as of Nov. 30, 2013, a statement said.
As per new rules, Saudi Arabia will allow foreigners and citizens who are not healthcare professionals to run hospitals and other medical institutions in the country.
The cabinet called for cooperation against market speculators and said that it was pleased with OPEC’s decision to keep output unchanged.
A circular from the Capital Market Authority said the suspension was due to a case involving an unidentified firm and would stay in place until its conclusion.
Saudi Arabia cut prices for crude sold to Asia in four of the past five months, part of its strategy in a fight for market share against non-OPEC producers.
One of the plants at the facility had been destroyed, while another had its structure partially damaged.
Saudi Arabia’s bourse took the biggest hit, dropping 4.8 per cent to 8,625 points, its lowest close since early January.