Saudi Arabia Economy
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Saudi Crown Prince's Reputation Taints Plan To Open Saudi Economy
On Tahlia Street, a busy commercial boulevard in central Riyadh, a rotating digital billboard shows ads for oud fragrance, white boxer shorts, and a glittering diamond watch. Then comes an image of Crown Prince Mohammed bin Salman seated at a desk, w
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$130 Steaks Prompt Some Saudis To Debate Costs Of Prince's Plans
As couples on their way to a lavish dinner strolled past palm trees hung with chandeliers in a historic quarter of Riyadh, the recent belt-tightening downturn in Saudi Arabia's economy seemed a world away.
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World’s Worst Economy Is a Threat to Mideast Rulers Rich or Poor
The region’s economies are running short of cash to placate struggling citizens.
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Saudi Prince’s Protectors Can’t Stop Speculation Over His Fate
The Crown Prince has been spending more time with his father in public since the international condemnation of Khashoggi’s murder.
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IMF Not Changing Saudi Recovery Forecast Over Khashoggi: Senior Official
The International Monetary Fund is not changing its forecasts for a recovery in Saudi Arabia's economy in response to the furore over the death of dissident Jamal Khashoggi, a senior IMF official said.
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Saudi Budget Is Balm for Investors Stung by Austerity Drive
For those who saw austerity measures pummel growth over the past two years, Saudi Arabia’s 2018 budget is a relief.
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Saudi Reserves Dip Below $500 Billion as BofA Sees Headwinds
Reserves fall below $500 billion threshold for the first time since 2011
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Saudi Reserves Dip Below $500 Billion as BofA Sees Headwinds
Reserves fall below $500 billion threshold for the first time since 2011
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An Ambitious Young Prince Wants To Make Saudi Arabia More Fun
In a country where cinemas are banned and even Starbucks are segregated by gender, a powerful young prince is pushing a plan to create jobs for women and a more integrated and satisfying social life for a youthful population long straitjacketed by oppressive cultural norms.
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No Income Tax For Saudi Citizens, Companies, Says Saudi Finance Minister
Mohammed al-Jadaan sought in a statement carried by state news agency SPA to allay concern that people would be taxed as part of the ambitious reform plan. Saudis currently do not pay any income tax, nor are Saudi companies taxed on their profits.
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Sun, Sand, Religious Police: Holidays In Saudi Arabia May Be Hard Sell
It's the day before the grand opening of Shaden, a luxury desert camp in Saudi Arabia where air-conditioned tents look out on sandstone cliffs. A princely delegation is on its way. But the place isn't quite ready.
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Saudi Arabia's Reform Plan To Be Paid For By Spending Cuts
Saudi Arabia will pay for parts of its $72 billion five-year economic reform plan by making efficiency savings and cutting spending on existing projects, Finance Minister Ibrahim Alassaf said on Tuesday.
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IMF Backs Saudi Arabia's Economic Plan, Fiscal Policy
The International Monetary Fund backed Saudi Arabia's sweeping economic reform plan on Thursday and said the kingdom was cutting spending at the right speed to cope with a huge state budget deficit caused by low oil prices.
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In Era Of Cheap Oil, Saudi Loses Shine For Foreign Workers
The inflow of people may now go into reverse. Saudi economic growth is slowing as low oil prices produce a state budget deficit that totalled nearly $100 billion last year, forcing the government into spending cuts.
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Saudi Crown Prince's Reputation Taints Plan To Open Saudi Economy
On Tahlia Street, a busy commercial boulevard in central Riyadh, a rotating digital billboard shows ads for oud fragrance, white boxer shorts, and a glittering diamond watch. Then comes an image of Crown Prince Mohammed bin Salman seated at a desk, w
-
$130 Steaks Prompt Some Saudis To Debate Costs Of Prince's Plans
As couples on their way to a lavish dinner strolled past palm trees hung with chandeliers in a historic quarter of Riyadh, the recent belt-tightening downturn in Saudi Arabia's economy seemed a world away.
-
World’s Worst Economy Is a Threat to Mideast Rulers Rich or Poor
The region’s economies are running short of cash to placate struggling citizens.
-
Saudi Prince’s Protectors Can’t Stop Speculation Over His Fate
The Crown Prince has been spending more time with his father in public since the international condemnation of Khashoggi’s murder.
-
IMF Not Changing Saudi Recovery Forecast Over Khashoggi: Senior Official
The International Monetary Fund is not changing its forecasts for a recovery in Saudi Arabia's economy in response to the furore over the death of dissident Jamal Khashoggi, a senior IMF official said.
-
Saudi Budget Is Balm for Investors Stung by Austerity Drive
For those who saw austerity measures pummel growth over the past two years, Saudi Arabia’s 2018 budget is a relief.
-
Saudi Reserves Dip Below $500 Billion as BofA Sees Headwinds
Reserves fall below $500 billion threshold for the first time since 2011
-
Saudi Reserves Dip Below $500 Billion as BofA Sees Headwinds
Reserves fall below $500 billion threshold for the first time since 2011
-
An Ambitious Young Prince Wants To Make Saudi Arabia More Fun
In a country where cinemas are banned and even Starbucks are segregated by gender, a powerful young prince is pushing a plan to create jobs for women and a more integrated and satisfying social life for a youthful population long straitjacketed by oppressive cultural norms.
-
No Income Tax For Saudi Citizens, Companies, Says Saudi Finance Minister
Mohammed al-Jadaan sought in a statement carried by state news agency SPA to allay concern that people would be taxed as part of the ambitious reform plan. Saudis currently do not pay any income tax, nor are Saudi companies taxed on their profits.
-
Sun, Sand, Religious Police: Holidays In Saudi Arabia May Be Hard Sell
It's the day before the grand opening of Shaden, a luxury desert camp in Saudi Arabia where air-conditioned tents look out on sandstone cliffs. A princely delegation is on its way. But the place isn't quite ready.
-
Saudi Arabia's Reform Plan To Be Paid For By Spending Cuts
Saudi Arabia will pay for parts of its $72 billion five-year economic reform plan by making efficiency savings and cutting spending on existing projects, Finance Minister Ibrahim Alassaf said on Tuesday.
-
IMF Backs Saudi Arabia's Economic Plan, Fiscal Policy
The International Monetary Fund backed Saudi Arabia's sweeping economic reform plan on Thursday and said the kingdom was cutting spending at the right speed to cope with a huge state budget deficit caused by low oil prices.
-
In Era Of Cheap Oil, Saudi Loses Shine For Foreign Workers
The inflow of people may now go into reverse. Saudi economic growth is slowing as low oil prices produce a state budget deficit that totalled nearly $100 billion last year, forcing the government into spending cuts.
