ECONOMY

Saudi Arabia’s Budget Deficit Shrinks a Whopping 60%

Mohammed Al-Jadaan
Saudi Arabia reduced its budget deficit by 60 percent to SR49 billion ($13 billion) in the first nine months of the year, official figures published Wednesday show.

Saudi Arabia

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U.S.-Saudi Relations

Khashoggi murder outcry threatens US-Saudi ties, Saudi prince says

"The tragic and unjustified" slaying of Khashoggi "is the theme of today's onslaught and demonization of Saudi Arabia in the same fashion as the previous ...

 

U.S.-Saudi Relations

US using Saudi weakness over Khashoggi to push for end to war

The officials acknowledged that neither the Yemen war nor the dispute with Qatar can be solved quickly. But the administration hopes to make progress on ...

 

U.S.-Saudi Relations

Former Sen. Norm Coleman: Strategic ties to Saudis must survive

Former Sen. Norm Coleman said the US should not undermine the relationship with Saudi Arabia in response to the killing of journalist Jamal Khashoggi because ...

 

Saudi Nuclear Energy

GOP senators want Trump to halt nuclear technology talks with Saudis after Khashoggi killing

In the letter to Trump, the five senators say they have long had reservations about selling nuclear technology to Saudi Arabia. They ...

 

Economy

Saudi Arabia ranks 4th among G20 in reforms

Saudi Arabia ranked fourth in terms of the number of reforms that would contribute to improving business environment at the G20 level, said the World ...

 

Fiscal Policy

Saudi posts big decline in fiscal deficit in third-quarter as oil revenues rise

Saudi Arabia on Wednesday reported a third-quarter fiscal deficit of 7.3 billion riyals ($1.95 billion), a big drop from the 48.7 billion riyals reported a ...

 

Ministry of Commerce

Electronic trading the new normal in Saudi Arabia

The number of online stores registered on Maroof has increased to 20,000 in 15 diversified activities, according to a Ministry of Commerce and Investment 2018 ...

 

War in Yemen

Saudi-led coalition masses troops near Yemen’s Hodeidah as pressure mounts to end war

The UAE and Saudi Arabia have said that taking control of Hodeidah would force the Houthi movement to the negotiating table by cutting off its ...

 

Saudi Workforce

Saudi Arabia axes 71% of expats in government jobs

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Mining and Minerals

Analysis: Ma’aden is a model of economic growth through privatization

The Saudi Arabian Mining Company (Ma’aden) is an excellent example of how a successful government-private sector partnership can deliver strong results that stimulate economic growth, ...

 

Governance

Commentary: Saudi Royals Rally to Protect the Family

“The thinking is: Prince Mohammed will rule for the next 50 years and he will learn from his mistakes. He will become wiser with time.” ...

 

Saudi +

Regional and related topics

Iran-EU

Iran’s relations with Europe face fresh crisis over alleged scheme to assassinate dissident in Denmark

Top Danish officials called for sanctions against Iran over the plot. Denmark summoned its ambassador to Tehran back to Copenhagen on Wednesday for consultations, an ...

 

Afghanistan

Taliban control of Afghan territory on the rise, US inspector says

In its quarterly report for the US Congress, the Special Inspector General for Afghan Reconstruction (SIGAR) said, "The Taliban now controls more territory than at ...

 

Egypt

Egypt reaches agreement with IMF on next $2 billion loan payment

Egypt’s gross general government debt declined from 103 per cent of GDP in 2016-17 to about 93 per cent of GDP in 2017-18, supported by ...

 

U.S. Midterm Elections

Democrats Regaining House Seen Raising Odds of Anti-OPEC Bill

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Google, YouTube, Samsung are world’s top brands, but how do they do in Middle East?

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Careem

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HSBC

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Pyramids

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