Alhokair net profit rose nearly 37 per cent year on year in the three months to June 30.
Private and public sector firms in the Kingdom are increasingly using LinkedIn for recruitment, the company said.
In a quarter-on-quarter comparison, Saudi GDP fell 1.1 per cent in April-June 2013, the first such decline in a year.
Prince Abdullah bin Mosaad bin Abdulaziz Al Saud has promised to invest substantial new capital into the club.
Bids are now due by Oct. 20, pushed back from Sept. 8, for the multi-billion-dollar project.
No one was injured in the incident, which reportedly occurred at dawn on Saturday.
The League of foreign ministers also said those responsible for the chemical gas attack should face trial.
The US is preparing strikes against the Syrian government, blaming it for a chemical gas attack that killed hundreds of civilians.
The investment fund, in partnership with USAA Real Estate Company, bought an office building in Houston.
Saudi Arabia was Brazil’s top trading partner in the Middle East during the first half of the year.
Saudi Arabia’s defence readiness has reportedly been raised to “two” from “five”.
The number of Twitter users in Saudi Arabia nearly doubled in six months to 2.9 million in July 2012, amounting to a little over 10 per cent of the population
A total of 49 people have died from the virus so far, according to WHO.
HSBC is advising SABB on the potential riyal-denominated sukuk issue to boost its Tier 2 capital position.
The accepted origins are from the European Union, North and South America and Australia.
The 1,238-room Holiday Inn Makkah is slated for completion in 2016.
Despite a strong supply of office units in the market, increased demand is boosting rents in the Kingdom.
The Dubai contractor says there are no plans to merge with Kuwait’s Combined Group Contracting Co. and Saudi Arabia’s Saudi Oger.
Mobile operator Mobily plans to acquire a controlling interest in loss-making fixed line operator, Etihad Atheeb.
United Jubail Petrochemical Company, an affiliate of Saudi’s SABIC, has awarded a construction contract for the plant to Germany’s Linde Group.
The construction firm is reportedly in merger talks with Kuwait’s Combined Group Contracting Co and Saudi Arabia’s Saudi Oger.
Prince Saud al-Faisal accused Western countries of tacitly encouraging Muslim Brotherhood violence with their criticism of the Egyptian military.
Ali bin Saleh Al-Barrak has been serving as the CEO of the utility since October 2006.
Saudi foreign minister Prince Saud al-Faisal met French president Francois Hollande with both calling for fresh elections in Egypt.
The prince said Tareq al-Suwaidan, who has more than 1.9 million Twitter followers, had identified himself as “one of the leaders of the Muslim Brotherhood”.
Hundreds were killed in Egypt last week when the security forces cleared protest camps set up by the Muslim Brotherhood.
Both Iran’s new president Hassan Rouhani and Saudi’s King Abdullah have shown willingness to make peace in the past.
After decades of relying on oil wealth to attract expat labour, will Saudi be successful in adopting the reverse trend by assimilating locals into the workforce?
Saudi’s inflation rate has been dropping for the last four months after touching a 14-month high in February.
Saudi Telecom wants the banks to restructure a $1.2 billion loan taken for Axis Telekom.