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

On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher profits.

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

Iran launches missiles at Israel, triggering a selloff in US stocks and jump in oil prices. Markets are unnerved but not yet ...

RIYADH ― The Arab world's biggest economy, Saudi Arabia, announced on Monday it anticipates a budget deficit of 2.3 percent of gross domestic product (GDP) in 2025, projected to continue over the ...

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

Oil prices surged 4% after Iran launched missiles at Israel, escalating regional tensions. Brent crude rose to $74.21, while ...

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.

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

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

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 ...

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