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Saudi Minister of Investment Khalid al-Falih pushed back against skepticism over the country's economic diversification plan, as Riyadh touts "green shoring" investment opportunities to woo foreign financing.
Saudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for foreigners coming to the kingdom to take capital elsewhere.
Saudi state oil giant Aramco reported $29.1 billion in net profit for the second quarter, a dip ofjust over3% from the same period last year as crude production volumes remained low.
Southeast Asia’s sudden pivot toward the BRICS nations is a global game-changer that few in Washington saw coming.
More than 1,300 people died during this year's Hajj pilgrimage in Saudi Arabia as the faithful faced extreme high temperatures at Islamic holy sites in the desert kingdom, Saudi authorities announced Sunday.