Saudi Arabia oil production cut to last two more months, minister says
Saudi Arabia’s oil production cut will last a further two months coming to an end in April, the kingdom’s energy ministry has…
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Economy
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Saudi suffers another economic contraction
Saudi Arabia’s economic woes is set to continue with the Gulf kingdom recording its fifth straight quarter of contraction. The oil economy…
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Saudi Arabia Reins In Spending to Contain Deficit
Saudi Arabia plans to spend less next year to rein in a pandemic-induced budget deficit, pursuing austerity even as a rally in…
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Saudi Arabia Reins In Spending to Contain Deficit
Saudi Arabia plans to spend less next year to rein in a pandemic-induced budget deficit, pursuing austerity even as a rally in…
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Mohammed bin Salman’s economic plans in futility
The economic crisis and record deficits in Saudi Arabia have pushed Crown Prince Mohammed bin Salman’s financial plans to the wind amid…
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Foreign workers go on strike after no wages for ten months
Workers from Saudi Arabia’s largest marine construction company have gone on strike after not receiving their salaries for the last ten months,…
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The Saudi economy contracted by 4.6% during the third quarter of 2020
Saudi Arabia’s gross domestic product shrank by 4.6 per cent during the third quarter of 2020 compared to the corresponding period of…
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Saudi Arabia invests nearly $4bn in Red Sea tourism project
Saudi Arabia has invested $3.75 billion in its flagship tourism project, The Red Sea Development Co (TRSDC) which it says will provide…
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Missiles, bullying claims, a tragic death: what’s going on at Saudi Aramco?
When Alwyn Whitcher took a job with Saudi Aramco in 2017, he believed he was joining a company with a history of…
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GJF calls for implementing the ruling against a Saudi minister for a major corruption case
The Emirate of Dubai’s Court of First Instance issued a verdict on November 25th in Case 127/2017 that confirmed Omar Ayesh, Tameer’s…
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