The Kingdom has said that it needs more time to award the winning bids, which were expected to be announced by November-end.
The telecoms operator has postponed the maturity date of the murabaha facility to December 19.
The assistant military attache at the Saudi embassy and his bodyguard were fired upon in their car.
Etisalat’s Saudi unit, Mobily, has been banned from selling pre-paid SIM cards by the Kingdom’s regulator.
The new plant, called Yanbu III, will have a capacity of 550,000 cubic metres per day of desalinated water.
The joint venture energy firm plans to bring a cleaner fuel project online.
Mobily will not able to resume sales of pre-paid cards until it meets provisioning requirements.
The Kingdom saw increased liquidity and banking deposits in 2012, fuelled by high oil prices and government spending.
The total number of cases has now risen to six, and two of the patients have died.
The chain is planning to spend $40 million a year, targeting the Gulf’s population growth.
The kingdom’s biggest real estate developer is planning to expand its assets abroad.
Lender in new investigation into improper payments to win a banking licence in the Kingdom.
Private sector companies will have to pay $640 a year for each excess foreigner they employ.
The Dubai firm secures contracts in Saudi Arabia and the UAE ahead of Q3 profit announcement.
Forecasts suggest the States will achieve self-sufficiency in oil and gas and become an exporter by 2030.
King Abdullah will undergo a back operation to tighten a loose ligament in his back, the royal court has said.
The move comes as the Kingdom prepares to open its stock market to direct investment by foreign institutions.
US authorities are reportedly investigating whether Barclays made any improper payment to win a banking licence in Saudi.
The two leaders discussed regional and international developments, Palestine and the situation in Syria.
Norway’s Government Pension Fund Global has beaten the emirate to the top spot with assets worth $656.2 billion.
The dairy company raised SAR1 billion through the first tranche of a Sukuk in March this year.
Atleast 22 people were killed and over 130 were injured in a gas tanker explosion in Riyadh on Thursday.
The troubled Saudi construction company reported a third quarter loss of $9 million.
Latest TV reports say at least 111 people were injured. Explosion caused by fuel truck crashing.
Construction labour costs in the Kingdom are 51 per cent higher than in Qatar, says new report.
The Saudi government has said that its measures have ensured that pilgrims are safe and secure.
The motion is debated by Saj Ahmad, chief analyst, StrategicAero Research.com and Simon Elsegood, senior analyst, CAPA – Centre for Aviation.
About 70 per cent of companies in the GCC are also planning to increase headcount next year, says new survey.
A consortium led by TAQA made the lowest bid for the Rabigh 2 project in the Kingdom.
Authorities have emphasised the religious occasion is no place for protests over the regional turmoil.