Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from China and India as U.S. sanctions disrupted Russian supply,

Saudi Arabia "needs to punch at (its) weight" on the global stage given its growing institutional presence and the return of Donald Trump, the kingdom's finance minister told AFP in Davos. "We are a key player in the world,

On January 27, Italian Prime Minister Giorgia Meloni said Italy is in favor of Saudi Arabia joining the Global Combat Air Program (GCAP), according to the Italian Prime Minister’s Office. Italy, Japan, and the U.K. launched the GCAP in December 2022 with a goal of deploying the next-generation fighter by 2035.

According to the International Renewable Energy Agency (Irena), the Middle East has less than 1 per cent of the world’s renewable capacity. But from a low base, it is also the fastest-growing region outside China, in terms of adding capacity.

The spotlight is also shining on Saudi Arabia because of sports and the kingdom’s winning bid to host the FIFA World Cup in 2034. Fifteen stadiums in five host cities — Riyadh, Jeddah, Khobar, Abha and Neom — will house thousands of soccer fans and 48 teams.

The prospects of keeping the World Snooker Championship in Sheffield beyond 2027 has received a boost with the World Snooker Tour CEO highlighting its role in the expanding universe of the sport.

The leak reveals that Saudi Arabia agreed to pay Russia over 2 billion euros under a contract signed in 2021 involving companies that were repeatedly sanctioned, both before and after Russia’s full-scale invasion of Ukraine.

The organization's president Maria Porro revealed that the new edition of the fair could take place in the near term, following government roundtable talks in the ancient Arabian oasis city of Al-Ula.

Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' Bart Melek discusses why prices are likely to climb despite this.

Brics has emerged as a significant international force since 2009 when it was established at a summit in Russia. What began as a five-member group encompassing

Kingdom of Saudi Arabia: Saudia Cargo, the leading air cargo carrier in Saudi Arabia, has announced significant achievements in 2024. Driven by a strategic focus on innovation, expansion, and sustainability, these milestones reinforce its commitment to the national economy and solidify its role as a key player in the global supply chain.