Decline and Deflation Dominate Kingdom’s Economy
The decline of the Saudi economy dominated as a result of the failed policies of the Saudi regime, and its effects are…
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Economy
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Record losses for Saudi bourse amid large decline in banks
The Kingdom’s stock market continued to decline, bouncing back from 3 consecutive sessions of gains and affected by the decline in bank…
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Saudi regime burdened the Saudis with taxes
The Saudi regime continues to overburden the Saudis with exaggerated taxes to cover all services, sectors, and even the hookah, causing widespread…
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Mohammed bin Salman failed to underwriting Aramco internally and externally
State oil giant Aramco has decided to postpone the launch of its initial public offering, a new failure for Mohammed bin Salman…
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International Monetary Fund: The Kingdom’s economy needs structural reform
International Monetary Fund experts stressed the need for the Kingdom’s economy for permanent structural reform, as well as diversifying resources instead of…
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Unprecedented setback awaits the Kingdom’s economy
The International Monetary Fund (IMF) predicted an unprecedented setback for the Kingdom’s economy in terms of growth on the back of regional…
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The World Bank confirms Saudi’s worsening economic crisis
The World Bank has predicted that Saudi Arabia’s GDP growth will slow to 0.8 percent in 2019 from 1.7 percent in previous…
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Aramco.. From the top of ambition to edge of collapse
The Saudi regime relied on opening the door for foreign investment in the shares of Aramco National Oil Company in 2020 to…
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Opening investment Kingdom’s financial market aims offset declining revenues
The Saudi regime allowed foreign companies to be listed on the Kingdom’s financial market as part of its attempts to offset declining…
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Saudi’s credit rating downgrade is severe blow to its economy
Fitch cut the Kingdom’s credit rating by one notch from “A +” to “A”, a severe blow to its economy as it…
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