Oil prices in Europe have declined since June as geopolitical concerns wane and key producers pump large amounts into the market.
The United States has been building a coalition to combat Islamic State, which has seized large areas in Iraq and Syria.
Ma’aden earlier said it would seek capital to fund the expansion of its phosphate and gold operations.
The IPO is expected to be one of the largest ever in the Gulf region.
The Saudi leadership remains mistrustful of U.S. President Barack Obama after a series of disagreements following the Arab Spring.
Saudi Tadawul Index liberalisation will usher in a new era of GCC investment, experts say.
The man called on his countrymen to attack not only the ruling family and Westerners in Saudi Arabia, but also the Kingdom’s senior Muslim clergy.
SWCC, also Saudi Arabia’s second largest power producer, now produces 3.6 million cubic meters per day of desalinated water.
A statement from the state-appointed Council of Senior Scholars has also called for prohibiting militant financing.
The Capital Market Authority has issued rules covering such trade and will immediately start receiving requests from companies to conduct it, the authority said.
Saudi Arabia has arrested thousands of suspected militants since al Qaeda supporters waged a wave of attacks on residential compounds for foreign workers and on Saudi government facilities.
Since listing in November 2010 on Bahrain’s index, Alba stock has struggled.
The combined net profits of Saudi Arabia’s leading companies are expected to rise 17 per cent in 2014.
Savola said in August it had held preliminary talks with one of Americana’s largest shareholders about buying a stake in the firm.
State-controlled PTT and Aramco will each own 40 per cent of the project at Binh Dinh’s Nhon Hoi economic zone, with the Vietnamese government holding the remaining 20 per cent.
The wheat is to be shipped in 10 consignments, with 310,000 tonnes for shipment to the port of Jeddah and 300,000 tonnes for the port of Dammam.
Located in Riyadh, the new centre is expected to create 3,000 local jobs for Saudi women.
The company will sell its 30.4 per cent holding in the Masharef project to Kinan International Company for Real Estate Development.
The government’s reluctance to crackdown on expressions of intolerance towards non-Sunnis has raised questions.
The North American shale boom has not only cut crude imports into the United States but also turned it into a net products exporter.
In a strong measure of support, Saudi Arabia has agreed to host training camps for moderate Syrian rebels.
Brent crude hit an intraday low of $97.60 on Wednesday, its weakest level since April 18, 2013.
U.S. officials declined to specify where on Saudi territory the rebels would be trained.
The reduction comes as oil prices have come under downward pressure from ample supply and concerns about slower global demand.
The requests for proposals were issued by the parent firms to banks on Tuesday, with financing of the expansion to be split between conventional loans and sharia-compliant facilities.
Itqan currently manages four sharia-compliant funds: a money market fund and three real estate funds.
The family group, which collapsed during the financial crisis, said in May that it had direct liabilities to financial institutions worth around $6 billion.
The meeting will address the issue of terrorism and the rise of extremist organisations in the region.
The UAE, specifically Dubai, has been exemplary in diversifying revenue streams, stated a report by Alkhabeer Capital.
Saudi officials said they would send female athletes to the next Olympics, but that they were not yet competitive enough for Asian Games.