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Posted on August 1, 2025

Saudi budget deficit shrinks to $9.21 billion as oil, other revenues rise

Saudi Arabia's budget deficit narrowed to 34.534 billion riyals ($9.21 billion) in the second quarter, marking a 41.1% decline from the previous quarter, as oil and other revenues rose, the finance ...

Posted on August 1, 2025

Saudi budget deficit shrinks to $9.21 billion as oil, other revenues rise

Saudi Arabia's budget deficit narrowed to 34.534 billion riyals ($9.21 billion) in the second quarter, marking a 41.1% decline from the previous quarter, as oil and other revenues rose, the finance ...

Posted on August 1, 2025

Saudi Arabia’s Q2 2025 budget: Non-oil revenues jump 7%, now nearly half of all government income

Saudi Arabia’s Q2 2025 budget report shows a 7% rise in non-oil revenues, reaching SR149.861 billion ($39.9 billion), now nearly half of total income. While oil revenues fell 29%, fiscal reforms under ...

Posted on August 1, 2025

Iraq’s budget shortfall crisis: can oil revenues save the second half of 2025?

In recent days, Iraq's finance ministry published its report for May 2025, detailing total expenditures and revenues. Notably, the oil revenue figures for that month – both in the report and on the ...

Posted on August 1, 2025

Saudi Arabia’s PIF named most valuable and fastest-growing sovereign wealth fund brand in 2025

In 2025, Saudi Arabia's Public Investment Fund (PIF) surpasses competitors as the most valuable and fastest-growing sovereign wealth fund brand globally, with a brand value rising to $1.2 billion.

Posted on August 1, 2025

Philippines now track and verify government spending on Polygon

The Philippine government said it has launched a blockchain-based system that records public spending documents on the Polygon network. The system is regarded as a landmark moment in the country’s ...

Posted on August 1, 2025

Pakistan wins US tariff deal; Trump cites oil reserves pact

The United States and Pakistan hailed a trade deal Thursday that Islamabad said would lead to lower tariffs and increased investment, but without specifying the level of tariff ...

Posted on August 1, 2025

5 reasons why Vietnam won ASEAN U23 Championship for third straight time

Vietnam's third consecutive ASEAN U23 title reflects their meticulous preparation, effective playing style and tactical sharpness under coach Kim Sang-sik.

Posted on August 1, 2025

Gautam Adani Meets Vietnam’s To Lam, Explores Massive $10 Billion Investment To Boost Asia Push

Gautam Adani plans to invest up to $10 billion in Vietnam, focusing on infrastructure, renewable energy, and AI. Adani Ports is already operating there and considering a $2 billion investment in the ...

Posted on August 1, 2025

8 war memorial sites everybody should visit on a trip to Vietnam

This year marks half a century since the end of the Vietnam War — a period the country commemorates through poignant museums and memorials.

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