Islamabad: Saudi Arabia has indicated to invest 24 billion dollars in Pakistan. According to details, Minister of State for Petroleum Musadik Malik while talking to a private news channel, confirmed …
Exclusive: China, Saudi in talks for ETF cross-listings to bolster financial ties-sources
China and Saudi Arabia’s stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other’s bourses, three sources familiar with the matter said, as the countries look to …
Saudi Arabia extends oil production cut as central banks fear inflationary spike from rising fuel costs
Adeeb Y Al Aama, governor of Organization of Petroleum Exporting Countries (OPEC), center, and Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, right, exit after attending the 8th OPEC …
Saudi Arabia’s Q2 budget deficit at $1.41bln – finance ministry
DUBAI – Saudi Arabia posted a budget deficit of 5.3 billion ($1.41 billion) riyals in the second quarter of 2023, the finance ministry said on Thursday. Total revenues in the quarter stood at 314.8 …
Saudi Arabia’s real estate sector saw its positive momentum continue in the second quarter of 2023, says CBRE
Riyadh – Saudi Arabia’s real estate market maintained its growth momentum in the second quarter of 2023, with most sectors recording high levels of activity across the Kingdom’s major cities.
Saudi Arabia, UAE lead Forbes’ 2023 Arab family business ranking
DUBAI — Saudi Arabia and the United Arab Emirates dominated Forbes Middle East’s Top 100 Arab Family Businesses ranking in 2023 that was released Tuesday, which saw growing shifts in business …
Saudi Arabia borrowing rate hits new high, posing risk to foreign investments
The Saudi Arabian Interbank Offered Rate climbed above an average of 6% in July, which was higher than the rate during the 2008 global financial crisis.
Saudi Arabia Approves $1.2 Billion In Yemen Aid – Officials
RIYADH – Saudi Arabia has approved a $1.2 billion grant to Yemen’s internationally recognised government, two officials told AFP on Tuesday, the lat …
Saudi Arabia and Turkey are emerging as the new peace brokers of the Russia-Ukraine war
Saudi Arabia plans to hold a Ukraine peace summit in Jeddah and has invited Ukraine, the U.S., European nations, China, India, and Brazil, among many others. The leaders of Turkey and Saudi Arabia have led negotiations between Ukraine and Russia on large prisoner swaps and maritime safety agreements like the Black Sea grain deal.
Where Are They Now? The Invasion of Iraq Edition
One of the most “dangerous” conspiracy theories of my lifetime has been the speculation about the September 11th terrorist attacks, and the United States’ subsequent response to them…. because when fifteen Saudi Arabians are responsible for one the most tragic days in American history,