On Saturday, finance ministers and central bankers will descend on Riyadh for the G20’s first cabinet-level meeting
In August, Reliance valued its oil-to-chemicals division at $75bn including debt, implying a $15bn valuation for a 20 per cent stake
The patient, who had lived in Saudi Arabia for the past eight months, was a student at King Abdulaziz University
The Khafji field will start output by the end of February
The kingdom currently receives less than 100 millimetres of rainfall a year
Saudi suspended travel to China for its citizens and residents last week
The companies, which include two Chinese buyers, requested the lower volumes as part of their long-term supply contracts with Saudi Aramco
The PIF has invested in companies such as Tesla Inc. and Uber Technologies Inc.
A unit of Saudi Arabia’s sovereign wealth fund is leading a $35m funding round for Dubai-based SellAnyCar.com
Parts of the kingdom were covered in snow last month when temperatures dropped
Ian Jakovljevic will join Saudi Arabia’s STV as chief development officer next month
Carla DiBello, an entrepreneur friend of the reality television star, is advising PIF on the proposed acquisition of the soccer team
Contrary to popular perception, Saudi Arabia is the unlikely source of a luxurious, if unconventional, Valentine’s Day gift
Any citizen found flouting the rule would be held accountable, while foreign residents would not be permitted to re-enter the country if they travelled to China
The coronavirus managed to wipe out 20 per cent of oil consumption in China
The book-building process for the IPO will start on February 10 with the shares being priced on February 20
All inbound travelers to the kingdom must disclose if they travelled to China during the 15 days prior to their arrival
The Saudi Arabia Public Investment Fund held just 39,151 shares at the end of 2019
The solar dome plants will also process drinking water more cheaply than conventional plants, at 34 cents per cubic meter
The Middle East’s biggest chemicals maker posted its first quarterly loss in a decade
The possible deal comes more than six years after STC had considered bid for a minority stake in Vodafone Egypt
Brent crude plunged nearly 4 per cent on Monday, dropping below $60 a barrel
The virus is the latest upheaval for the oil market, which is also dealing with plentiful global crude supply
Dubai continues to be a key regional business hub, while infrastructure and tourism initiatives in Riyadh will further fuel the economy and real estate market
The city of Wuhan, the epicentre of the virus, is currently under lockdown
The investor group has reportedly shown intent to purchase the soccer team, owned by British billionaire Mike Ashley, for $445m
A special report on the state of the e-commerce industry in the region outlining its most recent innovations, challenges that lie ahead and the way forward
“The kingdom’s tourism strategy is backed by astonishing infrastructure investments to the tune of $1.1trillion over the next 20 years”
The oil giant raised $29.4bn in the world’s biggest-ever initial public offering, selling shares at 32 riyals each
The kingdom has urged for an investigation into the matter