The new charge will be imposed on passengers travelling on domestic routes
Aramco’s shares are likely to start trading in December
Aramco is also considering boosting next year’s dividend to $80bn to win over investors
Economic growth is estimated at 2.3 per cent in 2020 compared with 0.9 per cent this year
The initial public offering will happen soon, says energy minister
Standard Chartered Plc and Banque Saudi Fransi are advising on the talks with local and international lenders
The two governments will form a council which will define the sectors and the timing of the investments
A majority in the survey conducted felt that energy manufacturing should be a shared responsibility of the government and private sector
The decision aims to “increase competitiveness” in the kingdom’s university education system
Saudi Aramco is working toward an IPO that may raise $40bn
FreshToHome.com is among the top five e-grocers in the UAE, making over 1,000 daily deliveries
Nigeria is holding talks with Saudi Arabia for the supply of oil products to the African country
The event, slated to be held in Riyadh in March, will facilitate AI knowledge exchange
It also reported that Saudi Arabia’s Capital Markets Authority will announce the start of the initial public offering process on Sunday
The group operates the BinDawood and Danube supermarkets and hypermarkets
The kingdom aims to receive 100 million annual visitors by 2030
Yayoi Kusama’s “All the Eternal Love I Have for the Pumpkins” is on view at Miami’s Institute of Contemporary Art
The two sides are expected to finalise a refinery in the state of Maharashtra
The study reveals plans for an R&D centre and manufacturing facility
Prince Faisal Al Saud, 45, was serving as the kingdom’s ambassador to Germany
Certain jobs may see up to 100 per cent localisation
The state-owned oil producer is considering making a formal announcement of the listing plan as soon as the next few weeks
The kingdom’s 100 per cent tax on shisha ignites social media criticism
The kingdom has already raised $10.9bn of Eurobonds this year
More Saudis are joining the hospitality sector as the kingdom rolls out an ambitious drive to draw millions of tourists
The kingdom is studying the possibility of issuing special visit visas for women
The outlook for what could be the largest IPO ever is likely to dominate the Future Investment Initiative at the end of the month
Anti-government protests have been gaining momentum across Lebanon
The neutral zone hasn’t produced anything since the fields were shut after spats between the two countries in 2014 and 2015
A listing of the oil giant is unlikely before December or perhaps January