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Saudi GDP climbs nearly 12% in 2nd quarter on oil gains

RIYADH: Saudi Arabia's year-on-year economic growth hit nearly 12 percent for the second quarter, led by a surging oil sector, the government's statistics agency said...

Norway wealth fund hits ‘milestone’ $1 trillion value

OSLO: Norway’s sovereign wealth fund, the largest in the world, on Tuesday reached the value of $1 trillion dollars for the first time, the...

Saudi Arabia to pay billions as oil revenues collapses

RIYADH: Saudi Arabia is working to pay billions of dollars owed to private firms after oil revenues collapsed, the kingdom's new finance minister said...

Saudi plans up to $17.5 bn in first bond issue: Bloomberg

RIYADH: Saudi Arabia plans to raise up to $17.5 billion from its first international bond issue, Bloomberg News reported on Wednesday, as analysts expect...
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