Saudi Arabia’s ambitious $124 billion dividend payout to Aramco shareholders is facing increasing scrutiny as the kingdom grapples with rising fiscal pressures and economic uncertainty. The payout, ...

Al-Mudaifer highlighted that these efforts have significantly boosted the sector’s growth, with the number of mining companies operating in Saudi Arabia increasing from six in 2020 to 133 by the end ...

The Council of Economic and Development Affairs (CEDA), which met via a video conference on Saturday, reviewed the role of reforms in the diversification of the economy and surge in non-oil revenues.

A preceding easterly wave last week triggered a rainfall spurt over the South Peninsula, leading to surplus rainfall. However, records have since declined, though the meteorological subdivisions ...

Four years into Russia's full-scale invasion of Ukraine, Saudi Arabia has established itself as an unexpected but effective mediator between the warring nations. Having long been an Arab powerhouse ...

Saudi Arabia's transformative labour market journey under Vision 2030 shows promising progress, with female workforce participation nearly doubling and a significant shift toward high-skilled sectors.

Economists say Australia has turned a corner. They say inflation has declined, real wages are growing, economic activity has picked up, and interest rates have been cut. They say we've achieved ...

U.S. Treasury Secretary Scott Bessent discusses the transition from public to private spending, calling it a necessary 'detox period' to achieve sustainable economic balance. Bessent highlights ...

“Despite elevated levels of uncertainty, the US economy continues to be in a good place,” Powell said at an event hosted by the University of Chicago. “Sentiment readings have not been a ...

Riyadh: The Kingdom of Saudi Arabia has confirmed its continued efforts to achieve lasting peace to end the Ukrainian crisis, expressing its welcome to host the scheduled meeting between the ...