Brent crude headed for its biggest weekly gain since December 2016 after several months of price falls as Saudi Arabia’s production cuts outweighed concerns over the health of the global economy, according to reports.
Salaries for mid-level to senior professionals in Saudi Arabia will rise between 5-6% on average in 2019 and women will see a 15% rise in workforce participation in 2019, a recent study by GCC-based recruitment consultancy Cooper Fitch said.
Photographs of Crown Prince Mohammed bin Salman and some of Saudi Arabia's top officials visiting some of Saudi Arabia's most famous mountains in the Northwest region of the country have gone viral on social media.
Saudi Arabian discount carrier Flyadeal will switch from an all-Airbus SE fleet to Boeing jets after ordering 30 737 Max narrow-body planes worth $3.5 billion at list prices, according to a Bloomberg report.
Saudi Arabia’s finance minister told Reuters on Wednesday he was "unconcerned with current oil prices impacting spending plans in 2019" and the government still aims to close its budget deficit by 2023 - though the target is not set in stone.
The government of Saudi Arabia issued a statement condemning a recent U.S. Senate resolution blaming Crown Prince Mohammed bin Salman for the killing of journalist Jamal Khashoggi, and said the government rejects external interference in its affairs.