![Saudi Net Reserves Fall to $410 billion, Lowest Since 2010](/i/c/913fd925-e4ff-4e51-2786-7a09f6ca3c2e.webp)
Saudi Net Reserves Fall to $410 billion, Lowest Since 2010
Saudi Arabia’s net foreign assets fell to 1.538 trillion riyals ($410 billion) in April, the lowest since January
2023-05-29 00:52
![Oil Holds Decline as Investors Digest Moscow’s Message on OPEC+](/i/c/903e0d51-7579-dca6-20cd-9c4b3e5af9e0.webp)
Oil Holds Decline as Investors Digest Moscow’s Message on OPEC+
Oil was steady after falling more than 3% on Thursday as Russia suggested OPEC+ wasn’t likely to change
2023-05-26 09:56
![Saudi Oil Minister Tells Speculators to ‘Watch Out’: Qatar Forum](/i/c/91ad1ec9-ba49-4160-3d01-528c91e250d7.webp)
Saudi Oil Minister Tells Speculators to ‘Watch Out’: Qatar Forum
Saudi Arabia’s top energy official issued another warning to oil short-sellers, just over a week before the OPEC+
2023-05-23 16:45
![Saudi Energy Minister Tells Oil Speculators to ‘Watch Out’](/i/c/e23586d1-a4f0-0a9a-94d7-c02b230b85c0.webp)
Saudi Energy Minister Tells Oil Speculators to ‘Watch Out’
Saudi Arabia’s top energy official issued another warning to oil short-sellers, just over a week before the OPEC+
2023-05-23 16:27
![Egypt Races to Solve Currency Dilemma in Hunt for Gulf, IMF Cash](/i/c/63eaa987-063c-8908-e558-f7ffaf2a4be9.webp)
Egypt Races to Solve Currency Dilemma in Hunt for Gulf, IMF Cash
What comes first, another currency devaluation or a wave of Gulf investment? Cash-strapped Egypt is racing to resolve
2023-05-23 15:20
![Bankers See Asia-Middle East Dual Listings as a Budding Trend](/i/c/bfea593c-f8b5-a287-5816-82b49875f68e.webp)
Bankers See Asia-Middle East Dual Listings as a Budding Trend
Dual listings between the Middle East and Asia are expected to become a new trend as investment flows
2023-05-23 11:27
![Messi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar Makeover](/i/c/770897a4-51a4-7a2d-7e94-58e00c7f8123.webp)
Messi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar Makeover
Saudi Arabia’s tab for using icons of western popular culture to enhance its stature and sway on the
2023-05-22 22:47
![Zelenskiy Attends Arab Leaders Summit That Includes Putin Allies](/i/c/9a79e20b-ee22-e157-0554-f9ab93bc3d94.webp)
Zelenskiy Attends Arab Leaders Summit That Includes Putin Allies
Ukrainian President Volodymyr Zelenskiy is attending a summit of Arab countries in Saudi Arabia on Friday, a meeting
2023-05-19 18:29
![Saudis Welcome Assad in Diplomatic Win for Syria’s Leader](/i/c/9a7ae030-cb25-88a5-cf27-1f5532b41173.webp)
Saudis Welcome Assad in Diplomatic Win for Syria’s Leader
Syrian President Bashar Al Assad touched down in Saudi Arabia to attend an Arab League summit for the
2023-05-19 13:57
![IRS chief acknowledges Black taxpayers face higher probability of being audited](/i/c/a0b6d049-e415-11d2-de41-cce530459749.webp)
IRS chief acknowledges Black taxpayers face higher probability of being audited
Internal Revenue Service Commissioner Daniel Werfel acknowledged in a letter to the US Senate on Monday that Black taxpayers are audited at significantly higher rates than non-Black taxpayers, a revelation he said has left the agency "deeply concerned."
2023-05-17 23:45
![The Popsicle That’s Taking Over the Middle East](/i/c/943a1b66-c4ea-3c8b-01dc-47bbb38b6639.webp)
The Popsicle That’s Taking Over the Middle East
In Dubai, there are traps set for parents across town — in malls, at beaches and five-star resorts
2023-05-16 12:54
![Jamjoom Pharma Owners Seek up to $336 Million Saudi IPO](/i/c/f5b1a27c-0fe2-6952-c05f-1771b058b961.webp)
Jamjoom Pharma Owners Seek up to $336 Million Saudi IPO
The owners of Jamjoom Pharmaceuticals Factory Co. are seeking to raise as much as 1.26 billion riyals ($336
2023-05-15 17:28