The first spokeswoman for the Royal Embassy of Saudi Arabia, Fatimah Baeshen, said in an interview that the Kingdom is not sacrificing culture or values with its Vision 2030 economic and social reform program and that the program has "something for everyone" in Saudi Arabia.
Saudi Arabia's King Salman ordered a $2 billion transfer to the Yemeni central bank, according to reports, as the Kingdom looks to shore up the economy of its war-torn southern neighbor.
The United States is poised to ramp up crude oil production by 10% in 2018 to about 11 million barrels per day, research firm Rystad Energy has said, which would make the U.S. the world's largest producer.
Two top officials detained in last year's crackdown on corruption in Saudi Arabia have returned to the public eye following settlement payments, according to reports.
Government officials unveiled Saudi Arabia's largest budgeted expenditure ever as the Kingdom looks to propel economic growth following two years of reduced spending.
Saudi Arabia has unveiled a stimulus package to begin next year with money to support housing construction as well as fee waivers for small businesses.
An exclusive Reuters report reveals that Westinghouse is in talks with other U.S-based companies to form a consortium to bid in a multi-billion-dollar tender for two nuclear power reactors in Saudi Arabia, citing three industry sources.
Saudi Arabia will boost state spending next year despite shrinking foreign reserves as the Kingdom looks to turbo charge economic growth, according to reports.
