Abdullah al-Rabeeah’s post will be taken over by Labour Minister Adel Fakieh, who keeps his current post, according to a royal decree.
An international firm is scheduled to visit the Kingdom to discuss the manufacturing of a MERS vaccine.
Profit climbed to SAR190.8 million ($50.9 million) in the quarter, the company said in a statement.
Net earnings in the three months to March 31 were SAR126.4 million ($33.7 million), compared to SAR110.1 million in the same period a year earlier.
The company lost 913 million riyals during the three months to March 31, compared to 657 million riyals during the same period of the previous year.
The cleric used unusually placatory language about Qatar’s neighbours, some of whom he has accused of a variety of failings including being insufficiently Islamic.
The Kingdom Tower project has been undergoing exhaustive testing works before construction begins on April 27.
MERS has infected 244 people in the Kingdom, of whom 76 have died, according to officials.
SABIC chief said that increased competition among sectors and a shortage of gas have made internal expansion hard.
The firm’s operating profit fell 96 per cent partly due to reforms in Saudi Arabia’s labour market.
The company made a profit of 423 million riyals in the first three months of 2014, up from 295 million riyals in the year-earlier period.
SABIC made a net profit of 6.44 billion riyals ($1.72 billion) between January and March compared to 6.56 billion riyals a year earlier.
Liberal reformers, atheists and human rights advocates have all been targeted through a series of arrests and new laws in the Kingdom.
As the UAE and Saudi race to build nuclear reactors to meet mounting energy needs, the inevitable question arises – is nuclear a viable option?
Dozens of local men were found demonstrating in front of the court against social reforms in the Kingdom.
The property developer said the net profit hike was mainly due to increased sales of developed properties at higher gross margins.
The firm estimated financial loss due to the outage to amount to around SAR214 million.
The figure is slightly higher than the SAR1.60 per share that the firm paid in the corresponding period of 2013
Waleed Abu al-Khair has been charged with breaking allegiance to King Abdullah, disrespecting authorities and inciting public opinion.
The company made a net loss of $84.8 million in the three months to March 31.
Prince Bandar, a former ambassador to Washington, was appointed as the chief Saudi spy in July 2012.
The reported gas attacks posed a clear challenge to the Security Council decision to dismantle Assad’s chemical arsenal, a senior official said.
Sahara blamed the decline on lower sales, citing a planned shutdown of Al Waha plant as well as lower income from associates.
Religious clerics found preaching about politics during their Friday sermons could lose their jobs, the ministry said.
The bank attributed the profit rise to a drop in operating expenses.
The firm made a profit of $76.3 million in the three months to March 31.
Police raids and an amnesty on fines for immigration violations last year caused over a million foreigners to leave voluntarily.
Ma’aden made a profit of 125.2 million riyals ($33.4 million) in the three months to March 31.
The guards came under heavy fire from the Yemeni side of the border at about 3 a.m in the eastern part of Jizan province.
A conservative approach to lending has hampered the growth of the Kingdom’s banks, according to a new report.