SAUDI Arabia logged a budget deficit of 30 billion riyals (S$10.5 billion) in the third quarter, a finance ministry statement showed on Monday (Nov 4), as lower oil prices weighed on revenue. The ...

Declining oil prices and production cuts have reduced Saudi revenue, but Vision 2030 initiatives, such as large ...

Saudi Arabia on Tuesday agreed nine investment deals in metals and mining worth more than 35 billion riyals ($9.32 billion) ...

By Yousef Saba, Rachna Uppal and Nayera Abdallah RIYADH/DUBAI (Reuters) - Saudi Arabia approved its state budget on Tuesday ...