Economic history of Saudi Arabia

Headlines

Three Things To Watch As Saudi Names New Heir To Throne

Mohammed bin Salman, named Saudi crown prince on Wednesday, becomes first in line to the throne as the historically...

Headlines

Saudi Aramco-Hyundai In $5.2 Bn Shipyard Deal

Saudi Aramco is to build the region's biggest shipyard in a $5.2 billion joint venture with South Korea's Hyundai Heavy...

Headlines

Saudi Deficit Plunges After Cuts, Oil Revenue Surge

Saudi Arabia's budget deficit dropped by 71 percent in the first quarter of the year, the government said Thursday,...

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Saudi Budget Deficit Drops 71 Pct In Q1

Saudi Arabia's budget deficit fell by 71 percent in the first quarter of this year, the finance minister said on...

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Saudi Raises $9 Bn In First Global Islamic Bond Issue

Saudi Arabia raised $9 billion in its first global Islamic bond issue, the government announced on Thursday, a move...

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Saudi Cuts Taxes On Oil Firms Ahead of Aramco Sale

Saudi Arabia on Monday cut taxes on oil companies in a major move that could attract investments in its energy giant...

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Saudi Film Fest Head Says Cinema Needs State Funding

The head of the main film festival in Saudi Arabia, where cinemas are banned, wants the government to invest in the...