The Kingdom’s Shoura Council is examining a proposal that suggests raising the minimum age of drivers to 20.
Both firms agree the merger is still in the interest of shareholders but said it couldn’t be achieved under the current regulatory regime.
The offering will support the bank’s capital base in accordance with Basel III requirements, assist its future growth and diversify funding sources, a statement said.
The amount will be used to help repay loans and fund expansion.
The firm will provide the world’s highest double decker elevators, which will travel at a speed of over 10 metres per second.
The Capital Market Authority (CMA) has suspended trading in Atheeb shares until the company provides more details.
The so-called Indefeasible Rights of Use (IRU) agreement gives Atheeb access to 30,000 STC data connections for 15 years.
MERS has infected 691 people and killed at least 284 of them in Saudi Arabia alone since it first emerged in 2012.
The project is now also costlier by $2 billion, according to the Saudi government.
Prosecutors say the official, who was visiting Las Vegas while temporarily stationed at Lackland Air Force Base in Texas, lured the boy to a room and sexually assaulted him.
The monarch said any country that did not contribute to Egypt’s future despite having the ability to do so would “have no future place among us”.
The sharp increase in deaths now attributed to MERS means the mortality rate from the virus in Saudi Arabia is now 41 per cent, instead of the 33 per cent previously thought.
Ziad Memish has been criticised by some international scientists for his handling of the MERS virus that has infected 575 people in the Kingdom.
While output growth continued to accelerate, growth in new orders dropped sharply.
Atheeb said it wants to cancel the deal with Mobily “due to some technical and logistical difficulties”.
The super regional mall will be anchored by an IKEA store and will have a gross leasable area of 250,000 square metres.
Mohammad Javad Zarif’s visit would have been the first by a senior Iranian official since President Hassan Rouhani took power.
The transaction is likely to be worth between SAR500 million and SAR1 billion, sources said.
New regulations will come into effect within 60 days to protect the rights of domestic workers in the Kingdom, a labour ministry official said.
Shareholders owning the company’s stock at the end of trading on July 1 will qualify for the dividend, the company said in a statement.
Analysts say the main attraction for Mobily, an affiliate of the UAE’ Etisalat, was to acquire Atheeb’s landline licence.
The Saudi businessman and his Kingdom Holding Company invested $250 million for a combined stake of 2.5 per cent in the Chinese online retailer.
Only 20 per cent of the funds surveyed expect to increase their allocations to UAE equities in the next three months.
MERS was identified in 2012 in Saudi Arabia, and has infected a total of 565 people in the Kingdom.
The deadly new virus has killed 186 people in Saudi Arabia.
This is the second time in a week that the death penalty has been imposed on a man involved in unrest in Qatif.
In the first two weeks of the month, the daily number of new cases in Saudi Arabia averaged nearly 11, but since May 14 the average number of new infections has slowed.
Ma’aden had earlier this month said it was seeking shareholder approval for a capital increase.
The Jeddah headquartered company aims to increase Sphinx’s revenues to $63.2 million this year from $55 million in 2013.
Second Aparthotel targeting mid and long-stay guests confirmed for Jeddah