Under the patronage of Custodian of the Two Holy Mosques King Salman and on his behalf, Emir of Riyadh Region Prince Faisal bin Bandar inaugurated the 12th edition of the Riyadh Economic Forum on Tuesday.
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Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the company's rising profits and declining government oil revenue recorded in the state budget.
The UAE’s non-oil private sector continued expanding in October, with new orders picking up and businesses raising selling prices at a record pace to pass on higher operating costs.
Saudi Arabia’s budget deficit grew in the third quarter of 2026, surpassing the government’s full-year target, Finance Ministry data shows. Pressure on public finances from the US-Iran war and a seasonal rise in spending are likely to widen the gap further by…
Saudi Arabia recorded a budget deficit of SR84.3 billion ($22.38 billion) in the third quarter of 2026, as government expenditure exceeded revenue, according to the Ministry of Finance’s quarterly budget performance report released on Tuesday.
