OPEC+ is accelerating its oil output increases by adding 411,000 barrels per day in May. Saudi Arabia faces a budget strain, needing $96.20 oil to break even due to Vision 2030 spending.

RIYADH, Saudi Arabia — Tesla officially launched in Saudi Arabia on Thursday, marking a new chapter in the company’s global expansion after Elon Musk ’s troubled relationship with the ...

On March 7, President Donald Trump announced Saudi Arabia's commitment to invest $1 trillion into the U.S. economy. In Trump's words: "I made a deal with Saudi Arabia.... I said I'll go if you pay ...

Tesla has announced an upcoming launch of its electric vehicles in Saudi Arabia with a launch event planned in April in Riyadh. Tesla posted on its website an event called “Tesla Opening in King ...

Tesla will start sales in Saudi Arabia next month, the electric carmaker said on its website, signaling CEO Elon Musk and the kingdom have healed a rift that dates back to the billionaire’s ...

Angular buildings linked by street-like passages distinguish the Saudi Arabia Pavilion at Osaka Expo, designed by British studio Foster + Partners and design agency Journey to mimic traditional ...

Eid-ul-Fitr marks the end of Ramadan and its date in Saudi Arabia will be determined by the moon sighting. Expected around March 30, 2025, this celebration includes prayers, family gatherings ...

Saudi Arabia is pushing ahead with megaprojects such as The Line in Neom. The kingdom's economy is still heavily dependent on oil revenues, but prices have been sliding. A big decline in oil ...

Dublin, April 17, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Commercial Construction Market, By Region, Competition, Forecast and Opportunities, 2020-2030F" has been added to ResearchAndMarkets ...

MANAMA, April 15 (Reuters) - Owning a Formula One team could be the next step for Saudi Arabia after sponsoring the sport and hosting a grand prix, according to the chairman of the kingdom's ...

Elon Musk's Tesla has been admitted into the Gulf's largest economy, Saudi Arabia, at a crucial time for the electric vehicle producer. On Wednesday, Tesla announced it will be holding a launch ...