Egyptian state news agency MENA said Saudi would inject $124 million dollars into the Saudi Egyptian Construction Company (SECON).
The U.S. Secretary of State will most likely meet the Saudi monarch in Jeddah.
The figure is an increase on the SAR1.0 per share which the company paid out for the corresponding period of last year.
The deal parties are Huawei, Nokia, NEC Corporation, Cisco Systems and Alcatel Lucent.
Alhokair did not give the pricing of the sukuk, which was sold in a private placement to investors in Saudi Arabia.
It attributed the decline in earnings to lower revenues from reduced average daily trading volumes.
Saudi Arabia has the ability to pump to its full capacity of 12.5 million barrels per day, an official said.
Saudi companies, with a staff of nine or less, will be exempted from paying the fees for four expat workers.
The development will include three office buildings overlooking Crescent Plaza, which houses luxury retail outlets and F&B options.
One-year dollar/Saudi riyal forwards jumped as high as 50.50 points, their highest level since the Arab Spring uprisings hit the Middle East in March 2011.
Saudi Arabia has become a major importer of hard and soft wheat since abandoning plans for self-sufficiency in wheat in 2008.
The delay in the start-up of the plant was due to construction work falling behind the original timetable, a statement to the Saudi stock market said.
The purchase of Vela paves the way for a deal which makes Bahri the world’s fourth-largest owner of very large crude carriers (VLCCs).
The investment will be conducted through Egypt’s International Company for Agro-Industrial Projects.
King Abdullah, on his way home from Morocco, did not leave his plane, which was on the ground at Cairo airport for just over an hour.
Nomura Asset Management and Lazard Asset Management have opened new offices in Dubai this year.
King Abdullah Economic City, the Kingdom’s mega project, is shifting focus to become a local tourism hub from its initial plans of being a financial centre.
The amount represents a five-fold increase compared to the same period (June 12 – June 15) in 2013, said Visa.
Populist politician Geert Wilders published stickers critical of Islam in the green and white colours of the Saudi flag last December.
King Abdullah will stop off in Cairo for just a few hours on his way home from a visit to Morocco, Saudi sources said.
Iraqi Prime Minister Nuri al-Maliki has said that the Kingdom backs Sunni militants ISIL.
Al Rajhi is the Kingdom’s biggest listed lender and the world’s largest Islamic bank,
The project will be developed on a build, own, transfer (BOT) basis with a total investment of $2 billion, ACWA said.
The loan has a lifespan of 15 years but there is a grace period of ten years before repayments begin, a statement to Riyadh’s bourse said.
According to the report, 3.3 per cent of UAE households hold private wealth of at least $1million.
The toughening of rhetoric about Iraq by the Gulf’s two top powers suggested that they have put on hold plans to explore a curbing of their rivalry across the region’s Sunni-Shi’ite sectarian divide.
Saudi Arabia is one of the important US allies in the fight against terror funding in the region.
The minister urged nations racked by violence to meet the “legitimate demands of the people and to achieve national reconciliation (without) foreign interference or outside agendas”.
The country’s net foreign assets are currently worth about $730 billion.
The virus has been reported in more than 800 patients worldwide, mainly in Saudi Arabia.