The latest quarterly budget performance report by Saudi Arabia's Ministry of Finance showed a continued improvement in Saudi Arabia’s fiscal position, according to a recently released report by the Riyadh-based Jadwa Investment.
Bechtel, the construction company behind some of the world's largest and most impressive megaprojects, is eyeing growth in Saudi Arabia's mining and minerals sector, according to reports and quotes by the company's Saudi Arabia country manager.
The employment of Saudi women in the private sector increased 10 percent in 2016 over the previous year, according to the Saudi Ministry of Labor and Social Development as reported in the Saudi Gazette.
OPEC discipline might be waning as oil's price continues to stay low on international indices as high supply persists, but recent moves by Saudi Arabia in Russia this week indicate action is forthcoming to curb supply.
The World Health Organization (WHO) said on Friday that Saudi Arabia's authorities are "well prepared" to handle annual and new challenges surrounding the Hajj pilgrimage this year, taking place in September.
Global oil markets have entered a period of oversupply, putting downward pressure on prices and eliciting calls for the world's largest producers like Saudi Arabia to act on top of March 2017 OPEC cuts to reduce the glut.