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

An expected cash infusion for the Palestinian Authority would signal renewed Saudi backing for Palestinian statehood and help ...

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

The Saudi Ministry of Finance announced its Pre-Budget Statement for Fiscal Year 2025, which estimates total expenditures ...

Simply sign up to the Oil myFT Digest -- delivered directly to your inbox. Saudi Arabia is ready to abandon its unofficial ...

Net foreign direct investment (FDI) inSaudi Arabiadeclinedin Q2 2024 by 8% year-on-year (YoY) to SAR 11.7 billion, according ...

Saudi Arabia, the de-facto leader of the Organization of the Petroleum Exporting Countries, is once again faced with a ...

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.

HSBC has signed a long-term lease agreement with the King Abdullah Financial District Development and Management Company ...

Hyatt expands its presence in Saudi Arabia with Park Hyatt Jaumur and Andaz Jaumur Marina, two new luxury hotels set to open ...

Partnership with Misk Foundation to support Saudi youth leadership Hyundai Motor and Kia will participate in the Misk Global ...

Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output ...