Arabian Centres’ share sale was the kingdom’s third biggest since Saudi lender NCB raised $6bn in 2014
Aramco has been developing its own gas resources and eyeing gas assets in the United States, Russia, Australia and Africa
The Houthis carried out armed drone strikes on oil assets in Saudi last week and said one of their drones hit Najran airport on Monday
The kingdom “will do everything in its power to prevent any war and its hand is always extended to peace”
Housing, water, electricity, gas and fuel prices were down 7.8 per cent from a year earlier
The Saudi-led military coalition said a civilian facility in Najran was targeted with a drone carrying explosives
The kingdom’s air defense forces destroyed the ballistic missiles over Taif
Osama Salmeen will face an investigation for a video clip that allegedly insulted Saudi soldiers
The violations related to the percentage of debt that individuals had to bear in proportion to their monthly income
The kingdom will levy a 100 per cent tax on electronic cigarettes and products used in them, and a 50 per cent tax on sugared drinks
GCC states launch ‘enhanced security patrols’ in the Arabian Gulf as tensions simmer
Last week, the Saudi cabinet approved the special residency scheme aimed at attracting wealthy and high-skilled expats
Adel Al Jubeir said the Iranian regime is not looking for security and stability in the region
Last week, four ships were sabotaged off the UAE coast, while drones attacked oil installations in Saudi
The alliance said it struck military bases and facilities and weapons storage sites
The IMF said the introduction of a value-added tax has been very successful, but the rate is low by global standards
Asia gets nearly 70 per cent of its crude oil from the Middle East
Careem will provide a direct service between the two cities for SAR25 ($6.7) each way
The new scheme was approved by the Shoura Council earlier this month
The new entity, Sahara International Petrochemical Company, will have combined assets worth more than SAR22bn
The US investment bank bought $100m of Bahraini bank International Bank Corporation’s debt
The attacks caused a fire at one of the stations leading to “limited damage”
A total of 30 Saudi Arabian securities would be added to the index
Four commercial vessels, including two Saudi oil tankers, were sabotaged on Sunday near Fujairah
The coalition has accused the Houthis of not abiding by the Stockholm agreement
Two Saudi oil tankers were among vessels targeted by a “sabotage attack” off the coast of the UAE
The attack did not lead to any casualties or an oil spill but caused significant damage to the structures of the two vessels
Iranian oil accounted for about 4 per cent to 5 per cent of Japan’s total oil supplies before the US sanctions kicked in
The operation targeted a newly formed “terrorist cell”, officials said
Riyadh is reluctant to boost oil supply too quickly and risk a price crash and a build-up in inventories