Saudi Arabia experienced a substantial $15.6 billion budget deficit in the first quarter of 2025, even before the recent major oil price slump, highlighting increasing fiscal pressure on the nation.

Saudi Arabia is now one of the largest global investors in renewable energy, part of a strategy to ensure a prosperous future when it can no longer depend on its vast oil reserves. From afar ...

OPEC+ is accelerating its oil output ... Further, Saudi Arabia has enough alternative funding options to weather a period of lower prices, including tapping foreign exchange reserves or issuing ...

As Saudi Arabia accelerates its transformation into a global technology powerhouse, the United States has a pivotal ...

Solid reasons for a Saudi civilian nuclear power program Saudi Arabia is a global oil giant, but it is also ... That includes Saudi reserves of uranium, a fuel for nuclear reactors.

DUBAI, April 21 (Reuters) - The International Monetary Fund on Tuesday lowered its 2025 GDP growth forecast for Saudi Arabia ... from oil market volatility thanks to higher reserves, lower ...

Saudi Arabia has been rapidly expanding its mining sector as part of its Vision 2030 economic diversification program, which aims to wean the economy off of oil, with gold, phosphate rock and ...

The answer goes beyond Opec leader Saudi Arabia’s need to punish over-producers of oil like Kazakhstan and ... storing crude in Indian strategic reserves Finally, Riyadh is in talks with the ...

Image A huge, futuristic city project in Saudi Arabia is being financed with oil revenue.Credit ... Moscow probably still has enough cash reserves to muddle through, but in the short term ...