Saudi Arabia also hopes to attract more tourists from Asia. Boosting visitor numbers is a central plank of the country's economic transformation.

Saudi Arabia has signed an agreement with Turkey to deposit $5 billion in the country's central bank through the Saudi Fund for Development (SFD), the fund said on Monday.

The move was prompted by weaker-than-expected demand from Saudi Arabia’s key oil export market: Asia. The Saudis are the biggest suppliers of oil to Asia and with demand disappointing, a move on ...

Saudi Arabia has been an aggressive supporter of production control to balance the market in the last five years since its budget requires oil prices of around $90 per barrel.

Saudi Arabia Installs the Largest Wind Turbine in Central Asia ACWA Power has now achieved a significant milestone by installing one of the largest wind turbines in Central Asia, specifically in ...

Arabia Saudita aumentó los precios oficiales de venta para todo su petróleo a clientes asiáticos en mayo, días después de que el reino liderara un sorpresivo recorte de producción de la OPEP+.

Saudi Arabia May Cut Oil Prices To Asia Even Further By Charles Kennedy - Jan 04, 2023, 3:30 AM CST ...

Saudi Arabia has signed an agreement with Turkey to deposit $5 billion in the country's central bank through the Saudi Fund for Development (SFD), the fund said on Monday.