Saudi Oil Economy
- All
- News
- Videos
-
Tax-Free Countries: Where Your Income Remains Entirely Yours
Some countries across the Gulf, Europe, and Asia allow residents to keep 100% of their earnings as they impose no income tax. These nations sustain their economies through oil, gas, tourism, and indirect taxes like VAT.
-
OPEC+ To Hike Petrol Output To 548,000 Barrels Per Day In August
Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to 548,000 barrels per day.
-
Oil Giant Saudi Aramco, BYD Announce Alliance To Foster NEV Development
Saudi Arabia is working to diversify its economy, which is dependent on oil export revenue, and wants to set up 5,000 EV charging stations by 2030.
-
Putin, Saudi Prince Urge OPEC+ Powers To Join Oil Cuts For Economy
Saudi Arabia and Russia, the world's two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy just days after a fractious meeting of the producers' club.
-
OPEC+ Crisis Deepens As Saudi Arabia Refuses To Budge
Saudi Arabia and the United Arab Emirates cranked up the tension in their OPEC standoff as the rare diplomatic spat between long-time allies leaves the global economy guessing how much oil it will get next month.
-
India Again Urges OPEC To Phase Out Oil Output Cuts
Earlier this year New Delhi repeatedly blamed oil output cuts by Saudi Arabia and other major producers for driving up crude prices as its economy tries to recover from the pandemic.
-
India's Economy Will Improve, Our Investment Plans There On Track: Saudi Arabia
Saudi Arabia, the world's largest oil exporter, on Sunday said its investment plans in India are on track, noting that the Indian economy has the strength to recover from the adverse impact of the coronavirus crisis.
-
Saudi Arabia Announces New Emergency Stimulus Package For Economy
Saudi Arabia announced emergency stimulus measures on Friday that took its support for the economy to more than $32 billion as it tackles the coronavirus outbreak and lower oil prices, and said it is looking to borrow more to finance a widening deficit.
-
"His Vision For Saudi Is Remarkable," Says PM On Crown Prince: 10 Points
Prime Minister Narendra Modi met Saudi King Salman bin Abdulaziz and the powerful Crown Prince Mohammed bin Salman in Riyadh on Tuesday. Speaking at a high-profile investment summit, PM Modi said India will invest a $100 billion in oil and gas infrastructure to meet energy needs of an economy that is being targeted to nearly double in five years. H...
-
Saudi Says Considering Long-Term Investments Worth $100 Billion In India
Saudi Arabia, the world's biggest oil exporter, is looking at investing $100 billion in India in petrochemicals, infrastructure and mining, among other sectors, considering the country's growth potential.
-
Tax-Free Countries: Where Your Income Remains Entirely Yours
Some countries across the Gulf, Europe, and Asia allow residents to keep 100% of their earnings as they impose no income tax. These nations sustain their economies through oil, gas, tourism, and indirect taxes like VAT.
-
OPEC+ To Hike Petrol Output To 548,000 Barrels Per Day In August
Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to 548,000 barrels per day.
-
Oil Giant Saudi Aramco, BYD Announce Alliance To Foster NEV Development
Saudi Arabia is working to diversify its economy, which is dependent on oil export revenue, and wants to set up 5,000 EV charging stations by 2030.
-
Putin, Saudi Prince Urge OPEC+ Powers To Join Oil Cuts For Economy
Saudi Arabia and Russia, the world's two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy just days after a fractious meeting of the producers' club.
-
OPEC+ Crisis Deepens As Saudi Arabia Refuses To Budge
Saudi Arabia and the United Arab Emirates cranked up the tension in their OPEC standoff as the rare diplomatic spat between long-time allies leaves the global economy guessing how much oil it will get next month.
-
India Again Urges OPEC To Phase Out Oil Output Cuts
Earlier this year New Delhi repeatedly blamed oil output cuts by Saudi Arabia and other major producers for driving up crude prices as its economy tries to recover from the pandemic.
-
India's Economy Will Improve, Our Investment Plans There On Track: Saudi Arabia
Saudi Arabia, the world's largest oil exporter, on Sunday said its investment plans in India are on track, noting that the Indian economy has the strength to recover from the adverse impact of the coronavirus crisis.
-
Saudi Arabia Announces New Emergency Stimulus Package For Economy
Saudi Arabia announced emergency stimulus measures on Friday that took its support for the economy to more than $32 billion as it tackles the coronavirus outbreak and lower oil prices, and said it is looking to borrow more to finance a widening deficit.
-
"His Vision For Saudi Is Remarkable," Says PM On Crown Prince: 10 Points
Prime Minister Narendra Modi met Saudi King Salman bin Abdulaziz and the powerful Crown Prince Mohammed bin Salman in Riyadh on Tuesday. Speaking at a high-profile investment summit, PM Modi said India will invest a $100 billion in oil and gas infrastructure to meet energy needs of an economy that is being targeted to nearly double in five years. H...
-
Saudi Says Considering Long-Term Investments Worth $100 Billion In India
Saudi Arabia, the world's biggest oil exporter, is looking at investing $100 billion in India in petrochemicals, infrastructure and mining, among other sectors, considering the country's growth potential.
