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Goldman Warns Oil Crash Could Push Saudi Arabia’s Budget Deficit to $67 Billion
The oil-price crash is set to have far-reaching consequences for Saudi Arabia’s finances and vast economic ambitions.The ...
Tanking oil prices could more than double Saudi Arabia's deficit to $75 billion and threaten spending plans: Goldman Sachs economist
Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...
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Live Saudi Riyal (SAR) Exchange Rates
Welcome to the Saudi Riyal exchange rate & live currency converter page. The Saudi Riyal (SAR) exchange rates represented on this page are live, updated every minute within the forex market's ...
Saudi will not waste a Trump-fuelled oil crisis
President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn ...
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GCC on track to see an uptick in local currency sukuk
In 2023, the Doha-based Estithmar Holding issued a 500 million Qatari riyal ($137 million) sukuk, becoming the first ...
Saudi Arabia slashes oil prices for Asia after surprise OPEC+ output hike
According to a pricing document released on Sunday, Saudi Aramco ( ARMCO) reduced its May official selling price for Arab ...
Al-Monitor on MSN1d
Saudi top diplomat in US to prepare for Trump visit
Saudi Arabia's top diplomat held talks in Washington on Wednesday as he lays the groundwork for a visit by US President ...
Oil crash could push Saudi Arabia's budget deficit to $67 bn: Goldman Sachs
Crude has plunged to its lowest level in about four years after US President Donald Trump unveiled new tariffs on almost all ...