While focusing on its hierarchical system, Saudi Arabia, led by Crown Prince Mohammed bin Salman, is scaling back some of its grand initiatives, such as the $500 billion Neom City, due to possible ...

The Saudi developer of luxury resort projects on the Red Sea coast expects to spend another $27 billion by 2030 to push ahead ...

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing prices which ...

Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.” ...

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.

Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15% from last year as low oil prices ate into its revenues. Profits for the third quarter last ...

A big PIF. Saudi Arabia’s main mission is to diversify its heavily oil-dependent economy. But that “Vision 2030” project is ...

The profit decrease ‘was mainly due to the impact of lower crude oil prices and weakening refining margins’, Aramco said.

The pace of growth in Saudi Arabia's non-oil sector continued to accelerate in October, lifted by the fastest growth in new ...