Saudi economy

Saudi investments in Egypt still unaffected despite Saudi King crackdown
Egypt

Saudi investments in Egypt still unaffected despite Saudi King crackdown

Egypt’s government has not received any requests from Saudi Arabia to suspend the bank accounts belonging to Saudi businessmen and…
Saudi has little room to slow austerity drive, IMF says
Business

Saudi has little room to slow austerity drive, IMF says

The International Monetary Fund feels the pace of Saudi Arabia's austerity drive is broadly appropriate and there is little room…
Saudi Aramco says discovers new fields, to continue energy investments
Business

Saudi Aramco says discovers new fields, to continue energy investments

Saudi Arabia's state oil giant Aramco discovered new oil and gas fields last year and the kingdom is committed to…
Saudi prince unveils sweeping plans to end ‘addiction’ to oil
Middle East

Saudi prince unveils sweeping plans to end ‘addiction’ to oil

The powerful young prince overseeing Saudi Arabia's economy unveiled ambitious plans on Monday aimed at ending the kingdom's "addiction" to…
Saudi economic shake-up shows it is planning for cheap oil
Business

Saudi economic shake-up shows it is planning for cheap oil

Saudi Arabia's planned cuts in spending and energy subsidies signal that the world's largest crude exporter is bracing for a…
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