Economy

The Kingdom of Saudi Arabia is surpassing expectations in its efforts to draw investments, as reported by the Kingdom’s Investment...

The Kingdom of Saudi Arabia has been surpassing expectations in drawing investment flows, as articulated by the country's Investment Minister,...

Saudi Arabia's Finance Minister Mohammed Al Jadaan revealed at the Saudi Capital Markets Forum that the nation's non-oil economic growth...

The Kingdom of Saudi Arabia anticipates its non-oil economic sectors to sustain a growth rate above 5 percent in the...

Saudi Arabia is undergoing substantial economic changes, propelled by rising oil prices, determined diversification plans, and the pioneering Vision 2030...

The National Development Fund (NDF) of Saudi Arabia has recently undergone a notable leadership change with the appointment of the...

The International Monetary Fund (IMF) has announced that the Kingdom of Saudi Arabia will chair the International Monetary and Financial...

Saudi Minister of Finance to Chair International Monetary and Financial Committee Saudi Arabia's Minister of Finance, Mohammed Al-Jadaan, has been...

Saudi Arabia is not only focused on advancing its economy but also aims to attract global talent, according to the...

Saudi Energy Minister Prince Abdulaziz bin Salman has voiced his support for the final deal reached at COP28, which signals...

Saudi Arabia's non-oil activities increased by 3.5 percent in the third quarter of 2023, compared to the same period of...

Saudi Arabia's National Debt Management Center (NDMC) has successfully secured a syndicated loan of $11 billion as part of the...

Several major countries have announced their commitment to using carbon "capture" or "storage" technologies as realistic solutions to combat climate...

TOKYO: Japan's imports of Saudi crude oil remained strong in October, reaching 30.37 million barrels, which accounted for 42.4 percent...

Saudi Arabia has made significant investments in its navy in recent years, acquiring advanced warships and demonstrating a growing willingness...

Several OPEC+ countries have agreed to implement voluntary oil production cuts totaling 2.2 million barrels per day in the first...

OPEC+ members, including Saudi Arabia, UAE, Kuwait, and Oman, have reached an agreement to voluntarily reduce oil output in the...

Saudi Arabia has announced an extension of its oil production cut as previous reductions by the OPEC+ alliance failed to...

China has maintained its position as Saudi Arabia's primary trading partner in September, continuing to dominate both imports and exports....

Saudi Arabia Raises $11 Billion Through Syndicated Loan to Fund Budget Deficit Saudi Arabia has secured a syndicated loan of...

China and Saudi Arabia have signed a currency swap agreement worth approximately $7 billion, signaling another move in the global...

Saudi Arabia Urges Businesses to Pay Tax Bills or Face Fines Saudi Arabia has issued a warning to businesses, urging...

Top oil exporters Saudi Arabia and Russia have announced that they will continue with their additional voluntary oil output cuts...

Growth in non-oil business activity in Saudi Arabia accelerated for a second consecutive month in October, according to a survey....