Tag: oil-dependent economy

Saudi Arabia on Thursday said it had begun taxing foreigners working in the private sector as part of fiscal reforms ...

Nigeria on Thursday began to export yams to Europe and the United States, as part of moves to diversify its ...

Saudi Arabia's hard-charging Mohammed bin Salman, named crown prince on Wednesday, holds unusual power for a man of just 31, ...

Saudi King Salman ousted his nephew as crown prince on Wednesday and installed his son Mohammed bin Salman -- the ...

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

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

A powerful Saudi royal said Tuesday that there could be no rapprochement between his country and Iran, which he said ...

German Chancellor Angela Merkel met Saudi King Salman on Sunday, state media said, as she began a visit focused on ...

Foreigners will no longer be allowed to work in Saudi Arabia's numerous shopping malls, the labour ministry announced Thursday, in ...

Britain said Wednesday it would help Saudi Arabia to diversify its oil-dependent economy as British Prime Minister Theresa May visited ...

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

President Donald Trump held his first White House meeting with a Muslim and Middle East leader Tuesday when he lunched ...

US President Donald Trump hosted Saudi Arabia's powerful Deputy Crown Prince Mohammed bin Salman at the White House Tuesday, for ...

Saudi Arabia's powerful Deputy Crown Prince Mohammed bin Salman, seeking foreign investment in an economic reform plan, left for the ...

Nigeria's government this week launched a master plan to lift it out of recession, hoping to hit 7.0 percent growth ...

Two German archaeologists who were kidnapped while working at a dig site in northern Nigeria last week have been released ...

Fool Nigeria once, shame on you. Fool Nigeria twice … It’s been a tough year for Nigerian President Muhammadu Buhari. ...

Lagos (AFP) - Nine Nigerian lenders banned this week from foreign exchange trading for failing to remit some oil money ...