Saudi Arabia

Saudi Arabia keep pace with its mega-project spending spree?

Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM In Saudi Arabia’s northwestern desert, a sprawling…

Top Wall Street execs are getting skeptical on the Fed’s easing path

A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange…

Sovereign debt is biggest risk to global growth in 2025: Saudi minister

RIYADH — National debt is a major threat to markets in the near future, Saudi Arabia’s finance minister said, expressing…

Foreign investors flock to flagship Saudi economic conference

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative…

Saudi Arabia opens doors to Hong Kong stocks with launch of 2 ETFs at month-end: SFC CEO

Middle Eastern traders will soon be able to invest in Hong Kong stocks via two exchange-traded funds (ETFs) tracking benchmarks…

Turkey’s bid for BRICS both strategic and symbolic step, analysts say

Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod,…

Saudi Arabia slashes growth forecasts, sees wider budget deficits

Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia cut its growth forecasts and raised its budget deficit…

‘Spook the West’: Turkey’s bid for BRICS both a strategic and symbolic step, analysts say

Turkey’s request to join the BRICS alliance is a move seen as both strategic and symbolic as the Eurasian country…

No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy

Saudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for…

‘Biggest barrier’ to Saudi-Israeli normalization is the two-state solution, says ex-CIA director

A two-state solution to the Israel-Palestinian conflict is “elusive” right now, according to former CIA director David Petraeus, adding that…