A surge in Saudi corporate lending during the first three months of the year has fuelled the country’s fastest ...

Saudi Arabia’s sovereign wealth fund saw income from investment activities rise for a second consecutive year, driven by dividends and asset sales.The Public Investment Fund earned $34.5 billion from ...

Saudi Arabia pushed for a larger-than-planned OPEC+ output hike in May, a decision that helped send oil prices below $60 a barrel to a 4-year low. Lower prices are bad news for producers that rely ...

Saudi Gazette report RIYADH — US President Donald Trump said that within a few years 50 percent of Saudi Arabia's income will come from non-oil sources. He made the remarks while commenting on ...

Saudi Arabia remains “conservative” when it is forecasting its revenues from oil, its main commodity, the country's finance minister, Mohammed Al-Jaadan, said Tuesday after the kingdom had to pare ...

Turkey and Saudi Arabia are two Sunni powerhouses that have had a complicated and often contentious relationship over the ...

Saudi Arabia's Neom is planning its first bond sale, Bloomberg reported. The issuance could take place later this year and raise up to $1.3 billion, per the outlet.

The glut may soon worsen — and the value of Saudi Arabia's virtually sole source of revenue further diminish — once sanctions against rival Iran are eased under the nuclear weapons deal.

The only problem, analysts say, is Saudi Arabia is not moving as fast as it could be. Mr. Kumar figures that it may achieve only about half of the ambitious 2030 goal for solar installations. Wind ...

Saudi Arabia’s Ministry of Economy and Planning has revealed that non-oil revenues hit 50% of the Kingdom's GDP in 2023. The country’s non-oil economy was valued at 1.7 trillion Saudi Riyals ...

Muslims return to Saudi Arabia this week to perform the annual Hajj pilgrimage after a two-year hiatus and it’s a chance for the economy of Saudi Arabia’s holy cities to get a jump start.

Saudi Arabia and a number of oil companies have tried to focus the talks on emissions, instead of fossil fuels themselves, arguing that technologies such as carbon capture and storage, or CCS ...