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Saudi Crown prince Salman

Prince Salman named Saudi heir at time of turmoil

Saudi Arabia's King Abdullah has appointed his defence minister, Prince Salman, as heir apparent, opting for stability and a continuation of cautious reforms at a time of challenges for the world's biggest oil exporter.

June 19, 2012 10:30
 
Saudi-Arabian-Airlines-Catering-company

Saudi Airline catering unit IPO seeks $350 million

The catering unit of Saudi Arabian Airlines is seeking to raise 1.3 billion riyals ($350 million) by floating 30 percent of its shares, the prospectus showed as the initial public offer opened to retail investors on Monday.

June 18, 2012 6:08
 
Saudi king seeks successor as crown prince buried

Saudi king seeks successor as crown prince buried

Heir to Saudi throne died on Saturday; Successor likely to be another son of Abdulaziz bin Saud

June 18, 2012 12:30
 
U.S.-crude-ends-lower-as-Spain-rating-cut-pressures

Saudi crude exports fell by 121,000 barrels per day in April

Saudi crude exports fell to 7.583 million barrels a day (bpd) in April, down by 121,000 bpd from March, despite production rising to 10.102 million, according to the latest official data published by the Joint Data Initiative (JODI).

June 18, 2012 11:45
 
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