Luxury automaker Lucid Group Inc LCID is to launch a dedicated security vehicle for the Saudi Arabian police force, if online murmurs are to be believed, in an initiative that could deepen…
Saudi Arabia has issued $12 billion in debt, marking its most significant foreign borrowing since 2017, at a time when emerging-market nations are increasingly investing in bonds. What Happened: The…
In a move that has sent shockwaves through the oil market, Saudi Arabia has drastically reduced oil prices, leading to a significant increase in short positions in both Brent crude and…
The U.S. Secretary of State, Antony Blinken, has embarked on a diplomatic mission to the Middle East to prevent a potential regional war. His itinerary includes visits to the United Arab Emirates, Saudi…
Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, has argued that the recent drop in oil prices is not due to weakened demand but rather the result of speculative trading. What…