“I hope that the private sector sees in the contents of this statement a clear message of the government’s determination to support economic growth,” Saudi Finance Minister Mohammed Al-Jadaan said on Sunday.
Public spending is expected to reach 1.106 trillion riyals ($295 billion) in 2019, 100 billion riyals more than the government had projected last year, Finance...
U.S. President Donald Trump called Saudi Arabia’s King Salman on Saturday and they discussed efforts being made to maintain supplies to ensure oil market stability...
Pakistan and Saudi Arabia are expected to sign four memoranda of understanding (MoUs) for oil and mineral sector investment and trade cooperation that would ultimately...
The project and the 200-gigawatt goal were considered a loose agreement and potential ambition, not an explicit commitment to generate that amount of capacity by...
While average salary increases were consistent with 2017 figures, those increases didn’t keep up with inflation. A rising inflation rate of 4.4%, up from 2.2%...
Saudi Arabia has missed out on gaining full membership of the Financial Action Task Force (FATF) after the global body dedicated to fighting illicit money...
Saudi Arabia’s General Sports Authority (GSA) on Sunday announced details of its new electronic visa system, Sharek, which has gone live and will allow international...
Saudi Arabia’s Crown Prince Mohammad bin Salman is expected to discuss the resumption of oil output from the Neutral Zone, which the kingdom’s shares with...
A Saudi-led military coalition fighting against Yemen’s Houthi movement foiled an attack by two explosives-laden remote controlled boats deployed by the Houthis against Saudi Arabia’s...
Arab allies and local proxy forces backed by U.S. air power could replace the roughly 2,000 American troops deployed there now as the administration begins...
Middle East funds have become less positive toward regional equities, particularly in Egypt, because of concern about instability in emerging markets globally, a monthly Reuters...
The Human Rights Council, in a measure brought by Western countries, voted 21-8 with 18 abstentions. Burundi, China, Cuba, Egypt, Pakistan and Venezuela joined Saudi...
Interest in Iranian art appears to have boomed in recent years. In 2016, a Tehran art auction attracted record sales of $7.4 million, sparking hopes...
