Lt. General Mutlaq bin Salim bin Mutlaq Al-Azima will now serve as the Commander of the Joint Forces
Aramco said it will drill more wells to evaluate how much energy the fields hold
The government could still face a budget deficit of over 13 per cent of gross domestic product in 2020
Despite the headwinds caused by the pandemic, Saudi Arabia’s mega projects are moving along steadily
The death toll in the UAE remains unchanged at 378
Mahdi Aladel, who formerly led the state energy producer’s base oils and lubricants division, will take over
KBW Ventures joins funding round for US-based Bond Pet Foods
The company is working with US investment bank Houlihan Lokey Inc. on reorganising its debt
The total cases in Oman have scaled to 84,652
The decision applies to all private sector establishments that employ five or more engineering professionals
The moves come as Aramco adjusts to the reality of oil at $40 a barrel
Two separate incidents were reported on Saturday and Sunday
The oil-price crash and the virus’s impact on energy demand have changed the calculations for energy companies’ projects
The plan proposes normalised relations with Israel only after it withdraws from the Palestinian territories
Saudi Arabia’s media has been more unfettered in its praise of the UAE’s decision
Fintech transactions in the kingdom amounted to over $20bn by the end of 2019
King Abdullah Medical City used Avaya Spaces to establish a workflow-based steering committee
Saudi Arabia increased its value-added tax from 5 per cent to 15 per cent on July 1
The startup will offer excavation, backfilling, and earthworks for Triple Bay Marina
The missile was launched towards the kingdom’s southern region on Sunday
The PIF received an injection of $40bn from the kingdom’s reserves in March and April
An additional 10 people succumbed to the Covid-19 virus in Oman
PIF has shifted its focus from being mostly a domestic holding company to an international investment vehicle with stakes in Citigroup, Facebook and Boeing Co
The Public Investment Fund disclosed stakes worth $10.1bn at the end of the second quarter
The death toll in the UAE stands unchanged at 358
Saudi Aramco may keep capex, most of which is spent on exploration and production, at a similar level until at least 2023
King Salman underwent a surgery in Riyadh last month for an inflamed gallbladder
Most Saudi organisations (61 per cent) reported that cyber attacks involved operational technology systems
A circular published on social media is “baseless and fabricated”, says the aviation authority
The death toll in the UAE has risen to 358