Two years after it was left nursing losses from the rapid collapse of Credit Suisse, the head of Saudi Arabia’s Public ...

CAIRO (Reuters) - Saudi Arabia is set to discuss a potential agreement with the United States about cooperation in the fields of mining and mineral resources, the Saudi cabinet said in a statement ...

US benchmark WTI crude is down nearly 4% as Saudi Arabia reports emerge that not only can the Saudis sustain today’s low oil prices, but output increases are likely to be announced next week ...

Saudi Arabia needs oil prices above $90 to balance its budget, higher than other large OPEC producers such as the United Arab Emirates, according to the International Monetary Fund (IMF).

Considering that Saudi Arabia could be a target for Iranian reprisals in the event of a U.S.-led war, it’s unsurprising Riyadh has come to this conclusion. It doesn’t mean that Riyadh won’t look for ...

The permit system is designed to regulate the massive number of pilgrims Indonesian pilgrims prepare to depart from Juanda International Airport in Surabaya, for Mecca in Saudi Arabia to perform Hajj.

The combination of lower oil prices and economic uncertainty is being felt in Saudi Arabia. The International Monetary Fund says ... bin Salman has overall authority over PIF and is spearheading ...

Fahd Hamidaddin, CEO of Saudi Arabia's Tourism Authority, weighs in on the kingdom's tourism outlook as high inflation affects disposable income. Mark Carney Wins Canadian Election Dominated By ...

Saudi Arabia’s foreign direct investment inflows fell for a third straight year in 2024, in a sign the kingdom continues to face challenges in attracting overseas investors. Inbound FDI shrank ...

Indeed, this increase has been depressing price predictions on a barrel of oil—hitting Saudi Arabia right in a major pain point at a time when it needs money. The International Monetary Fund ...

Callen, who is the former International Monetary Fund chief to Saudi Arabia, estimates that with oil at $60 a barrel, Saudi Arabia’s fiscal deficit would be $62 billion, more than double the $27 ...

By Raja Abdulrahim Saudi Arabia and Qatar have announced that they will pay Syria’s $15 million debt to the World Bank, potentially unlocking millions of dollars in aid and giving a boost to the ...