Saudi Arabia is again signaling a shift in strategy to protect global market share. The last time this happened, an oil bust ...

In the non-oil sector, Saudi exports to the US totalled $2.3bn (SR8.5bn). Fertilizers topped these, at $790m (SR3bn), ...

New Delhi will have a variety of supply choices in the next few months at competitive rates from Russia, Iraq, Saudi Arabia ...

Saudi Arabia's 2024 fiscal deficit is expected to widen to 2.9% of GDP as spending increases to fuel growth and meet Vision ...

RIYADH - Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3% of GDP, according to a government statement ...

Saudi Arabia's real GDP is expected to grow 0.8% this year, a dramatic drop from a previous estimate of 4.4%, according to ...

Saudi Arabia plans to cut spending next year to contain a widening budget deficit as a decline in oil revenue runs up against the cost of multibillion-dollar infrastructure projects.

Saudi Arabia expects to post a fiscal deficit of SAR118bn, wider than the SAR79bn projected in the 2024 budget statement last ...

The Arab world’s biggest economy Saudi Arabia announced yesterday it anticipates a budget deficit of 2.3 per cent of GDP in ...

The Arab world’s biggest economy Saudi Arabia announced Monday it anticipates a budget deficit of 2.3 percent of GDP in 2025, ...

An OPEC+ panel is unlikely this week to recommend any changes to its current deal to reduce production and to start unwinding ...

Oil prices were little changed on Monday, but posted a 17% loss for the third quarter as fears that a widening conflict in ...