Maaden Waad Al Shamal Phosphate Co. will refinance $2.3bn owed to a syndicate of commercial banks and financial institutions
Prince Abdulaziz said the next two weeks will be “critical” for OPEC+ to demonstrate all countries are adhering to agreed production cuts
International travel as well as entry to the kingdom via land and sea will remain suspended
Several precautionary measures have to be followed at the mosques
The Amazon Prime service is not yet available in the kingdom
The death toll in the UAE and Kuwait has risen to 298 and 308 respectively
Aramco will push back the bulk of installments until after 2022 and delay the final one by three years until 2028
The death toll in Saudi Arabia stands at 1,091
The bridge’s passenger capacity will increase by 45 per cent when it reopens to passenger traffic
In light of historic oil price routs and oversupply triggered by the novel coronavirus, how imminent and optimal is recovery for regional energy markets? Gulf Business speaks to Rita Allan, senior Construction and Projects associate at Pinsent Masons Middle East, to find out more
The series will be streamed every Thursday at 9.30pm UAE time starting June 18
The kingdom has exported just one cargo to the US so far in June, equivalent to about 133,000 barrels a day
The death toll in Saudi Arabia has reached 1,052
Gross domestic product is expected to shrink the most in two decades this year
A member of the council has tabled the recommendation to appoint women as judges in personal status courts
The cuts were widespread across the region from South Asia and Southeast Asia to some parts of North Asia
The death toll in Saudi Arabia has crossed 1,000
Aramco will pay $24.8bn this week as a first installment in the deal
The death toll in Saudi Arabia and Kuwait has risen to 972 and 296 respectively
The offering will comprise of 27,180,000 ordinary shares
Missiles and a swarm of drones set off fires at the crude processing plant in Afif in May 2019, causing extensive damage and causing a spike in global oil prices
The death toll in the UAE, Kuwait and Saudi Arabia has risen to 286, 279 and 857 respectively
Globally, 235 IPOs raised $28.5bn in Q1 2020, compared to $15.1bn in Q1 2019
The helmets can detect body temperatures when a person is up to five metres away and they can examine up to 200 people per minute
The death toll in the UAE and Kuwait has risen to 283 and 273 respectively
Brent crude, the international benchmark, fell 2.5 per cent to $41.23 a barrel at 4.29pm in London, erasing earlier gains
Wahed Invest got the financing from Saudi Aramco Entrepreneurship Ventures unit as part of a $25m funding round
The death toll in Saudi Arabia and Kuwait has risen to 746 and 269 respectively
Brent crude, down 36 per cent this year, has clawed back some of its losses and ended trading on Friday at more than $40 a barrel
The death toll in the UAE and Saudi Arabia has risen to 276 and 712 respectively