Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3% of GDP, according to a government statement on Monday, ...

An expected cash infusion for the Palestinian Authority would signal renewed Saudi backing for Palestinian statehood and help ...

Saudi Arabia is preparing to impact Russia's budget by announcing an increase in oil production, which will lead to a drop in ...

Simply sign up to the Oil myFT Digest -- delivered directly to your inbox. Saudi Arabia is ready to abandon its unofficial ...

ALBAWABA - Saudi Arabia, the Arab world's largest economy, has forecasted a budget deficit of 2.3% of GDP in 2025, with the ...

The Arab world's biggest economy Saudi Arabia announced Monday it anticipates a budget deficit of 2.3 percent of GDP in 2025, projected to continue over the following two years.

Saudi Arabia's 2024 fiscal deficit is expected to widen to 2.9% of GDP as spending increases to fuel growth and meet Vision ...

Saudi Arabia, the de-facto leader of the Organization of the Petroleum Exporting Countries, is once again faced with a ...

RIYADH, Sept. 30 (Xinhua) -- The Saudi Ministry of Finance announced Monday the Pre-Budget Statement for Fiscal Year 2025, which estimated a deficit of 2.3 percent of gross domestic product (GDP).

Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output ...

AMMAN/RIYADH, Sept. 30 (Xinhua) -- Jordan and Saudi Arabia on Monday expressed their support for Lebanon as Israel intensified its attacks on the country. Ayman Safadi, Jordan's deputy prime minister ...

Saudi Arabia plans for a 2.3% Gross Domestic Product (GDP) deficit in 2025. The country's finance ministry estimates total expenditures of 1,285 billion riyals ($342 billion) and revenues of 1,184 ...