While oil price fluctuations can strain public finances in many emerging markets, GCC nations such as the UAE benefit from robust fiscal buffers and active debt management strategies.
Al-Jadaan: Saudi Arabia is working with all to eradicate energy poverty
Saudi Minister of Finance Mohammed Al-Jadaan said that multilateral development banks must provide concessional financing to accelerate the response to the needs of regions suffering from energy …
Bomb Threat Diverts Plane of Hajj Pilgrims in Indonesia
A plane carrying hundreds of Hajj pilgrims back from Saudi Arabia was diverted in Indonesia on Tuesday after an email bomb threat was sent to authorities, Indonesia’s aviation body said.
Power Metallic Secures Jabal Baudan Project In Saudi Arabia
Power Metallic (TSXV: PNPN) has managed to secure new land claims in a region few have had exposure to. The company this morning indicated it has been awarded new land claims in the Jabal Sayid …
Power Metallic Awarded Jabal Baudan Exploration License in Saudi Arabia’s Jabal Sayid Belt
Power Metallic Mines Inc. (“Power Metallic” or the “Company”) (TSXV: PNPN), a leading exploration and development company, is proud to announce that it has been awarded the exploration license for the …
Saudi Arabia Real Estate Market Size, Share, Growth & Forecast 2025-2033
The real estate market in Saudi Arabia is booming thanks to the economic diversification and urban development focus of Vision 2030. New mega-projects such as NEOM, Qiddiya, and the Red Sea Project …
Pemo hits major milestone in Saudi Arabia as it announces its 200th customer
Riyadh, Saudi Arabia — Pemo, the all-in-one spend management platform, has announced a major milestone in its journey: its 200th customer has now been onboarded to use its expense management software, …
Why the Saudis have been driving down the price of crude oil
Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia and others make more money, but the smaller, higher-cost producers also …
The Private Sector’s Role in Saudi’s Travel Ambitions
This bonus episode features a discussion with Muzzammil Ahussain, CEO of Almosafer, Saudi Arabia’s largest travel and tourism company.
Saudi Arabia Is Grabbing Oil-Market Share, but It Can Open the Tap Only So Far
Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and losing market share. But launching price wars is becoming more painful. The …