Latest news and today's news from Saudi Arabia » Economy

... from Bing and Google News

Saudi Arabia , Monday 22 January 2018

News Saudi Arabia » Economy: Saudi Arabia Pledges $2 Billion to Stabilize Yemen’s War-Torn Economy

News channel or source: https://www.wsj.com/articles/saudi-arabia-pledges-2-billion-to-stabilize-yemens-war-torn-economy-1516215404
Publication date: Wednesday 17 January 2018

Saudi Arabia on Wednesday said it would inject $2 billion into Yemen’s central bank to stabilize the nation’s currency, as international criticism grew over the kingdom’s role in a war that has killed thousands and ravaged the economy. The cash ...

News Saudi Arabia » Economy: Saudi Arabia gives $2 billion to Yemen as mass famine looms

News channel or source: http://money.cnn.com/2018/01/17/news/economy/saudi-arabia-yemen-economy-currency-riyal/index.html
Publication date: uesday 16 January 2018

After years fighting Iran-backed rebels in Yemen, Saudi Arabia is handing over billions of dollars to its war-torn neighbor to prevent economic collapse and an even deeper humanitarian crisis. King Salman had ordered the transfer of $2 billion to the ...

News Saudi Arabia » Economy: IMF raises Saudi Arabia's growth prospects over higher oil prices

News channel or source: http://english.alarabiya.net/en/business/economy/2018/01/22/IMF-raises-Saudi-Arabia-s-growth-prospects-over-higher-oil-prices.html
Publication date: onday 22 January 2018

including Saudi Arabia, the fiscal adjustment that is still needed is projected to weigh on growth prospects," the IMF said. It said oil prices rose 20 percent between August and October of last year. The Saudi economy, the largest in the region ...

News Saudi Arabia » Economy: Saudi Arabia injects $2bn to prop up struggling Yemeni economy

News channel or source: https://www.ft.com/content/9b00c730-fb78-11e7-9b32-d7d59aace167
Publication date: Wednesday 17 January 2018

Saudi Arabia said it would inject $2bn into Yemen’s central bank a day after the Yemeni prime minister appealed for help to prop up the war-torn country’s currency and save the population from “inevitable starvation”. The kingdom’s state news ...

News Saudi Arabia » Economy: WEF Mideast chief ponders Trump, Saudi Arabia and corruption at historic Davos

News channel or source: http://www.arabnews.com/node/1231151/business-economy
Publication date: Friday 19 January 2018

That is not surprising, given the momentous events that have been taking place in Saudi Arabia under the Vision 2030 strategy, which is in the process of transforming economic, social and cultural life there. “The WEF is here to support the reform ...

News Saudi Arabia » Economy: Oil rises as Saudi Arabia says producers will cooperate beyond 2018

News channel or source: https://www.samaa.tv/economy/2018/01/oil-rises-saudi-arabia-says-producers-will-cooperate-beyond-2018/
Publication date: Sunday 21 January 2018

SINGAPORE: Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that cooperation between oil producers who are currently withholding supplies would continue beyond 2018, reported Reuters. Strong global economic growth and a drop in U.S ...

News Saudi Arabia » Economy: Transforming Saudi Arabia: Gender equality, economic reforms consolidate Prince Mohammed bin Salman's authority

News channel or source: http://www.firstpost.com/world/transforming-saudi-arabia-gender-equality-economic-reforms-consolidate-prince-mohammed-bin-salmans-authority-fight-against-corruption-will-solidify-his-rule-4303157.html
Publication date: Sunday 14 January 2018

There is a huge buzz throughout Saudi Arabia as the hitherto conservative Kingdom — seen as the religious font of Islam and home to its holiest shrines — gets ready to welcome women into its sports stadiums on Friday. The women of Saudi Arabia have ...

News Saudi Arabia » Economy: US to Overtake Saudi as Crude Oil Producer

News channel or source: http://www.industryweek.com/economy/us-overtake-saudi-crude-oil-producer
Publication date: hursday 18 January 2018

The United States is set to overtake Saudi Arabia as the world's number two oil producer after Russia this year, as shale companies, attracted by rising prices, ramp up drilling, the International Energy Agency said on Jan. 19. "This year promises to be a ...

News Saudi Arabia » Economy: Saudi Arabia asks banks for proposals to refinance $10 billion loan, raise more debt

News channel or source: https://uk.investing.com/news/economy-news/saudi-arabia-asks-banks-for-proposals-to-refinance-10-billion-loan-raise-other-funds-987446
Publication date: Sunday 21 January 2018

The plans are a step towards Saudi Arabia's ambition of establishing a prominent position in international debt markets as part of its economic reforms, said Fahad al-Saif, president of the debt management office. "We look forward to a satisfactory ...

News Saudi Arabia » Economy: Saudi Arabia gets its first women-only car showroom

News channel or source: https://auto.economictimes.indiatimes.com/news/aftermarket/saudi-arabia-gets-its-first-women-only-car-showroom/62475018
Publication date: hursday 11 January 2018

The showroom was opened in a shopping mall in the western Red Sea port city of Jeddah.AFP | January 12, 2018, 16:49 IST JEDDAH: Saudi private company on Thursday opened the first car showroom for women only just five months before a decision allowing ...