BNP Paribas, HSBC, Saudi Fransi (Credit Agricole) and Standard Chartered were the leads.
Saudi firm SAS has acquired a 51 per cent stake in Glowork, a platform that helps women in the Middle East find employment opportunities.
Saudi travellers set to enjoy first class services to and from London next spring.
Damac Towers by Paramount Hotels & Resorts will offer 215 units of serviced residences, from one to three-bed apartments.
GCC states’ expenditure on rail schemes, expansion of power generation plants and housing projects is expected to boost capital expenditure in 2013.
A campaign calling for women to defy the ban in a protest drive on October 26 has spread rapidly online.
Saudi imposes a particularly light tax burden on entrepreneurs as compared to its European counterparts, says Ernst &Young
The massive new factory, spread across 66,000 sqm, will import 50 per cent of its produce to Saudi Arabia, UAE and Qatar.
The initial price thought on the bond is in the area of 150 basis points over the equivalent U.S Treasuries.
Traffic police issued fines totalling SAR5,400 ($1,400) for allowing “an unqualified person to drive.”
A World Bank report found the Middle East and North Africa have made the least progress over the last 50 years in improving women’s economic opportunities.
UAE and Saudi economies are set to grow four per cent and 4.5 per cent in 2014 respectively.
The “October 26 Driving” campaign says it has gathered 8,700 signatures for a petition
New survey finds that in the next three years, the number of Saudi SMEs operating in six or more countries will rise from 16 to 41 per cent.
Saudi oil minister Ali Naimi said that work is ongoing in the project, which includes a 400,000 barrels per day refinery.
The 350,000-barrel per day oil link between the two countries is expected to be commissioned by the third quarter of 2016
The company will supply four 720MW steam turbine generator sets for the Shuqaiq power plant.
The contract has been awarded for the Damac Esclusiva Luxury Serviced Apartments tower in Riyadh.
The Saudi billionaire invested $300 million in the social media giant in late 2011.
Luxury hotel on the Corniche will seek to draw in business and leisure travellers
A power outage on Wednesday forced the complex to shut operations.
Investcorp buys stake in Saudi-based Leejam, a health and fitness club company that operates the Fitness Time brand.
In 2012 the Labour Ministry began charging companies a fee of 2,400 riyals for each foreign worker they employed above their number of Saudi staff.
Saudi Arabia produced record high volumes of crude in August as it boosted output for the second time in two years.
Despite ample opportunities in the market, strict registration, pricing and drug distribution policies present challenges to market entry.
Militants seized Saudi vice consul Abdullah al-Khalidi in the southern Yemeni port city of Aden in March 2012.
The Kingdom accounts for more than half of the region’s active users on Twitter with 90 per cent preferring to tweet in Arabic.
The virus has claimed 45 lives in the Kingdom so far.
Officials are still discussing the issue, says head of the Capital Market Authority
The death toll in the Kingdom has now reached 44, according to health ministry officials.