Saudi Budget Slips Deeper Into Deficit With Jump in Spending
Saudi Arabia’s budget deficit widened in the second quarter as the government raised spending on social benefits and
2023-08-04 15:25
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:22
Aston Martin Raises £216 Million From Backers to Cut Debt
Aston Martin Lagonda Global Holdings Plc raised £216 million ($277 million) by selling new shares as the British
2023-08-01 15:15
Saudi Arabia’s Economy Slows as Oil Prices and Production Drop
Saudi Arabia’s economy slowed in the second quarter as oil-production cuts and a drop in prices pushed the
2023-07-31 14:55
The Mining World Turns to Saudi Cash for Critical Metal Supply
A $2.6 billion deal announced last week has set the stage for a potentially landmark shift in the
2023-07-30 20:48
Arab States Sour on Israel in Blow to US Aim of Saudi Peace Pact
Tensions between Gulf states and Israel are rising three years after historic peace deals, slowing down hoped-for investments
2023-07-30 14:22
Equinox to Run Hotel in Saudi Arabia, and More Middle East Luxury News
Hi, it’s Lisa Fleisher, your luxury correspondent for the Middle East. I’ve been asking hoteliers and restaurateurs in
2023-07-29 13:25
Saudi Metals Deal to Test Canada’s New Foreign Investor Rules
Canada’s vow to curb foreign investment in its critical minerals sector will face its first major test with
2023-07-29 03:21
China’s Push to Expand BRICS Membership Falters
India and Brazil are pushing back against a Chinese bid to rapidly expand the BRICS group of emerging
2023-07-28 10:25
Saudi FDI inflows reach 8.1 billion Riyals in Q1 2023 - ministry
DUBAI Saudi Arabia's foreign direct investment inflows reached 8.1 billion Riyals ($2.16 billion) in the first quarter of
2023-07-26 17:52
Erdogan, Netanyahu to Meet to Talk Trade in Turkey-Israel Thaw
Turkish President Recep Tayyip Erdogan and Israeli Prime Minister Benjamin Netanyahu will meet next week to discuss energy
2023-07-21 15:52
BlackRock made a climate pledge. Then it appointed a Saudi oil executive to its board
BlackRock, the world's biggest asset manager, said Monday it has appointed Amin Nasser, chief executive of oil giant Saudi Aramco, to its board of directors — despite the New York-based firm's pledge to accelerate investment in climate-friendly companies.
2023-07-19 01:20