Saudi Arabia boosts output by up to 2.2M bpd, pressuring oil prices and forcing OPEC+ compliance. Crude oil falls below $60 as increased supply and weak demand weigh on the oil market outlook.

Languages: English. You can reach Shane by emailing s.croucher@newsweek.com When U.S. President Donald Trump landed in Riyadh, Saudi Arabia, on Tuesday morning to kick off a four-day tour of the ...

Saudi Arabia has rapidly emerged as a regional leader in healthcare innovation, earning international recognition for its effective COVID-19 response, investments in digital health infrastructure ...

Saudi Arabia's budget deficit hit $15.6 billion in the first quarter of 2025, more than half its forecast for the entire year, even before oil prices significantly dropped. The Q1 deficit stemmed ...

Saudi Arabia’s foreign direct investment inflows fell for a third straight year in 2024, in a sign the kingdom continues to face challenges in attracting overseas investors. Inbound FDI shrank ...

If you blinked, you may have missed the way Saudi Arabia’s utopian economic diversification program known as Saudi Vision 2030 has been unofficially rebranded “Vision 2034,” named for the ...

Saudi Arabia on Friday released its annual report detailing the progress the Kingdom made towards achieving its Vision 2030 goals in the year 2024. Spearheaded by Saudi Crown Prince Mohammed bin ...

Airbus SE plans to source some metal to manufacture its aircraft from Saudi Arabia as part of a widebody aircraft deal with the kingdom’s flag carrier. The European manufacturer signed a deal on ...

PM Modi Saudi Arabia visit LIVE: PM Modi was welcomed in Jeddah with chants of 'Modi, Modi' from the Indian diaspora who were waving the Indian flag in his honour. He also witnessed a performance ...

In a rare display of camaraderie, Saudi fighter jets escorted Prime Minister Narendra Modi's aircraft as it entered Saudi airspace en route to Jeddah, underscoring the robust ties between India ...

Ties between India and Saudi Arabia are set to get a renewed boost with Prime Minister Narendra Modi embarking on an important two-day visit to the Kindgom on April 22 at the invitation of Crown ...

Prime Minister Narendra Modi cut short his visit to Saudi Arabia due to the terrorist attack in Pahalgam, Jammu and Kashmir, in which more than 20 people were killed. He will now return to India ...