Oil prices fell by more than $1 a barrel on Monday to settle at multi-year lows, as an OPEC+ decision to expedite its output hikes ...

BlackRock Inc.’s Chief Executive Officer Larry Fink, Citigroup Inc.’s Jane Fraser and top bosses of American tech firms will ...

In this episode of The Riyal Deal with Tom Burges Watson, we deep dive into Saudi Arabia’s aviation sector and how it adds value to the Kingdom’s non-oil ...

Saudi Arabia’s budget deficit rose nearly fourfold in the first quarter of 2025 compared to the same period last year, driven by a sharp drop in oil revenues. The kingdom reported a budget deficit of ...

Saudi Arabian budget airline flynas, under the backing of billionaire Prince Alwaleed Bin Talal, is preparing to launch an initial public offering later this month. This move marks the first IPO by a ...

Saudi Arabias Q1 2025 budget saw a 10% revenue drop and increased spending, leading to its biggest deficit in over three years.

U.S. President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin ...

What is the Saudi factor? To me, it is the ability of Saudi Arabia to use its national wealth to possess and exercise ...

Crude oil prices have fallen below $60 per barrel, raising concerns about the federal and state governments’ ability to fund ...

Dubai’s equity index gained 4.1% during the month, while other Gulf markets had a mixed performance amid trade war concerns ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Nigeria, Africa’s largest oil producer, has been left out of a new output increase arrangement by eight members of the OPEC, ...