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Dissed by Saudi Arabia, lectured by Egypt: U.S. diplomacy meets Mideast reality Israel-Hamas war China says Israel has gone too far Energy & Environment New Middle East war delivers a new threat to world economy Foreign Affairs How big is this going to get? What to watch for in the Isr...
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The annual variation rate of the CPI in Saudi Arabia in October of 2024 was 1.9%, 2 tenths higher than the month before.
Saudi Arabia’s Aramco reports lower half-year profits as economic worries dampen energy prices Saudi oil giant Aramco has reported half-year profits of $56.3 billion, down from the year before due to weakening volumes sold amid worries about the global economy. August 6 Lawyers for Saudi Ar...
The IMF says the Saudi Arabia economy is expected to grow 7.6 per cent this year, up from 3.2 per cent in 2021, on the back of soaring oil revenues. The International lender said that the government’s Vision 2030 reform programme, designed to reduce the kingdom’s dependence on oil, ha...
RIYADH: Saudi Arabia has revised its unemployment rate target to 5 percent by 2030, down from the previous goal of 7 percent, as part of Vision 2030’s ambitions, an official revealed. During a panel discussion at the Budget Forum 2024, the Minister of H
Oil was discovered in Saudi Arabia in the 1930s, although large scale production did not begin until after the second world war. Since a rapid expansion in the country's economic development in the 1960s, Saudi Arabia's economic fortunes have depended largely on oil revenues. The government'...