PIF’s Path to $2 Trillion by 2030
Saudi Arabia's Public Investment Fund (PIF) is projected to become the world's second-largest sovereign wealth fund by 2030, managing assets ...
Friday, June 27
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Tag: global economy
Saudi Arabia Bolsters US Treasury Portfolio Amid Economic Shifts
The Kingdom of Saudi Arabia has markedly increased its investments in US Treasury securities, with an infusion of $4 billion ...
Arab Coordination Group Convenes for Future Partnerships
With the objective to forge pathways towards a prosperous tomorrow, the heads of institutions within the Arab Coordination Group assembled ...
G20 Economies Exhibit Varied Growth in Early 2024
On the 12th of June, 2024, the Group of Twenty (G20) reported a modest rise in collective gross domestic product ...
The Petrodollar Era Concludes: A New Financial Epoch Begins
The longstanding pact that established the U.S. dollar as the global currency for crude oil transactions, known as the petrodollar ...
Shift in Global Finance: Petrodollar’s Demise Looms
Financial commentator Andrei Jikh discusses the impending transformation of the international economy with the upcoming dissolution of the longstanding petrodollar ...
Saudi Arabia Ups Crude Prices to Asia in Market Tightening Move
In a strategic move to manage the oil market's balance, Saudi Arabia has increased the cost of its premier crude ...
Saudi Arabia Calls for IMF to Refocus on Core Functions
Saudi Arabian officials have made a plea to the International Monetary Fund (IMF) to concentrate on its primary responsibilities, highlighting ...
Navigating Global Financial Currents: Saudi Finance Minister’s Insights
Saudi Arabia's Finance Minister, Mohammed Aljadaan, recently joined forces with IMF Managing Director Kristalina Georgieva to deliberate on international monetary ...
Navigating a Pivotal Year: Saudi Arabia’s Investment Landscape
As the financial world approaches the challenges and opportunities of 2024, the flux of global economics is poised to make ...
Saudi Arabia to Host Prestigious Global Economic Meeting
Saudi Arabia's Minister of Economy, Faisal Alibrahim, has announced that the nation will be the host for an upcoming special ...
Saudi Arabia’s Strategic Role at Davos WEF Annual Meeting 2024
As the world undergoes significant economic and political transformations, Saudi Arabia is poised to take a prominent position at the ...
Saudi Arabia Selected as Chair of International Monetary and Financial Committee
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 Minister of Finance to Chair International Monetary and Financial Committee Saudi Arabia's Minister of Finance, Mohammed Al-Jadaan, has been ...
Saudi Chemicals Industry Faces Challenging Year Ahead, Says CEO
The CEO of Saudi Arabia's largest chemicals producer, Abdulrahman Al-Fageeh, has cautioned that the industry is likely to face another ...