Saudi Arabia’s Q1 Fiscal Review: A $3.3B Deficit Noted
Saudi Arabia disclosed a budget shortfall of 12.39 billion Saudi riyals (around $3.303 billion) for the initial quarter of 2024, ...
Sunday, May 19
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Tag: Oil Revenue
Saudi Arabia Reports Reduced Quarter Deficit
Saudi Arabia has reported a first-quarter budget shortfall of 12.4 billion riyals ($3.30 billion), the Finance Ministry announced, citing elevated ...
Saudi Sovereign Fund Set for $5 Billion Boost from Aramco
In the wake of a significant transfer of shares by the Saudi government, the kingdom's sovereign wealth fund is poised ...
Saudi Arabia’s Economic Transformation: Vision 2030 and Beyond
Saudi Arabia is undergoing substantial economic changes, propelled by rising oil prices, determined diversification plans, and the pioneering Vision 2030 ...