While oil is still the primary driver of Saudi Arabia's economy, the kingdom is now diversifying its growth drivers into areas such as artificial intelligence, tourism and sports. Saudi ministers told ...

Saudi Arabia scales back Red Sea luxury resort plans under Vision 2030 amid low oil prices and weak demand, hitting mega ...

Some in Saudi Arabia talk of the UAE being a handmaiden for Israeli interests. Emirati commentators retort that Muhammad bin Salman, the Saudi crown prince, has fallen in thrall to Islamists. The UAE ...

Not since the early 1980s has Saudi Arabia seemed so powerful. But the kingdom’s dominance of the oil market could prove fleeting, as policymakers grapple with multiple challenges that could slash ...

Saudi Arabia’s oil use for power generation fell by around 270,000 b/d in mid-2025, signaling early success in its plan to eliminate 1 million b/d of domestic oil consumption by 2030. The Jafurah gas ...

DUBAI (Reuters) -Saudi Arabia's path to fiscal consolidation faces risks, Fitch Ratings said on Friday, as lower oil prices and heavy spending commitments tied to the country's Vision 2030 economic ...

Arabia’s Vision 2030 is driving economic growth, rising homeownership and record-low unemployment, as global sports investments reshape its role on the world stage.

Saudi Arabia’s sharp cuts to its official selling prices for Asia have triggered a surge in Chinese and Indian demand as the ...

SINGAPORE (Reuters) -Saudi Arabia, the world's biggest oil exporter, may hike crude oil prices for Asian buyers for the second month in a row, with September prices set to hit five-month highs on ...

CAIRO, October 21. /TASS/. Saudi Arabia is unlikely to resort to an oil embargo again if it is dissatisfied with the situation around Palestine and Israel's actions, Andrey Baklanov, Vice President of ...