Business

Saudi Arabia and the United Arab Emirates have signed an agreement to boost regional connectivity through enhanced rail and power grid cooperation. The Memorandum of Understanding (MoU), signed by Saudi …

Saudi Arabia is projecting a fiscal deficit of 3.6% of its gross domestic product (GDP) by 2027, according to a pre-budget statement from the Kingdom’s Finance Ministry. The government has …

The EU-Gulf Cooperation Council (GCC) Summit in Riyadh, scheduled for October 24, is set to emphasize investment in artificial intelligence (AI), digital infrastructure, clean energy, and advanced industries. This focus …

Saudi Arabia’s recent sale of nearly 100 million barrels of crude oil to Asian buyers is set to alleviate concerns over potential supply shortages in the region. The shipments, scheduled …

The recent uptick in oil prices could have significant implications for global markets, as Brent crude and West Texas Intermediate (WTI) crude both saw increases of 1.7% after a streak …

The $24.3 billion sale of 48 F-35 stealth fighter jets from the United States to Saudi Arabia, pending congressional approval, could significantly bolster the Kingdom’s military capabilities. This deal aims …

Saudi Arabia has taken the precautionary step of temporarily closing its critical 1,200-kilometer East-West oil pipeline following an attack, sparking concerns about the stability of global crude oil supplies. This …

During a recent visit to Moscow, Saudi Arabia’s Foreign Minister, Faisal bin Farhan, underscored the crucial role of Saudi-Russian cooperation in ensuring stability in the global energy markets. This collaboration, …

Saudi Arabia and Serbia are strengthening their ties across various sectors, aiming for enhanced collaboration in energy, technology, agriculture, food industries, and trade. As part of these efforts, recent discussions …

Saudi Arabia’s urban expansion is paving the way for new avenues in property development, drawing significant interest from developers, investors, and businesses. The real estate sector is witnessing a shift …