Saudi Arabia’s most influential economic policy-making body has approved 133 recommendations on improving the competitiveness of the Kingdom’s economy, which will be announced within the next six months.
The delegation included ranking Senate Foreign Relations Committee member Ben Cardin, D-M.D.; Democratic Sen. Ed Markey of Massachusetts; Republican Sen. Cory Gardner of Colorado and Democratic Sen. Jeff Merkley of Oregon.
Saudi Arabia’s Ambassador to the United States Prince Abdullah bin Faisal bin Turki Al-Saud has written his first op-ed since his arrival in Washington.
Saudi Arabia and other oil-producing nations saw a cut in credit ratings by Standard & Poor’s on Wednesday amid the collapse in crude oil prices, according to reports.
The Middle East Solar Outlook for 2016 produced by the Middle East Solar Industry Association (MESIA) forecasts that more than 4 gigawatts of solar power projects are planned across the region.
Riyadh-based Jadwa Investment recently released an updated analysis on Saudi Arabia’s economy, painting a gloomy picture of the Kingdom’s economic health in the face of low oil prices.
Saudi Arabia has announced its readiness to send ground troops to Syria to help defeat the self-described ISIS, or Daesh, according to comments made by a Saudi defense official.
