The average Saudi household will be sheltered from tough economic reforms by new royal grants and household allowance disbursements, a report on the Saudi economy by Bank of America Merrill Lynch (BofAML) said.
Saudi Arabian utility developer ACWA Power expects to submit tenders for projects this year worth $4.5 billion in Saudi Arabia and will also target projects...
Buying gas directly from Russia will give Saudi Aramco great flexibility in selling more crude oil in the open market during peak summer months when...
Saudi Arabia recently introduced financial grants aimed at easing the impact of removing subsidies and other ongoing economic reforms under the Vision 2030 strategy....
Leading exhibitor Vue International is to open 30 cinemas in Saudi Arabia after striking a landmark deal with real estate group Abdulmohsin Al Hokair Holding....
Israel issued stark warnings on Sunday over Iran's presence in neighbouring Syria after a confrontation threatened to open a new and unpredictable period in the...
Tillerson was already facing confrontational talks at almost every stop on his five-country tour. The strains grew even more taut when Egypt launched an offensive...
Turkey claims US forces in Syria are intentionally stalling the fight against the "Islamic State" to justify cooperation with Kurdish fighters. US Secretary of State...
Like the Bin Laden Group and Saudi Oger, Carillion has proved that the construction of megaprojects in the Gulf, however lucrative and central to state-led...
The expansion of the U.S. bombing campaign in Afghanistan to target a little-known Chinese terrorist group is an example of how the 16-year-old war has...
Yemen's state-run TV says President Abed Rabbo Mansour Hadi has appointed a former finance minister as the head of the country's Central Bank, based in...
