This imperative led the Nixon administration to suspend the redeemability of dollars for gold in 1971 and, a few years later, to strike an informal agreement with the government of Saudi Arabia to ...

One reason that’s true is because Saudi Arabia is, for now, in a position many would envy, experts say. The fact is, the Gulf kingdom can spend a lot more money than it makes. Saudi Arabia is ...

(Reuters) - Saudi Arabia's non-oil exports reached an all-time high of 515 billion riyals ($137.29 billion) in 2024, the state news agency said on Saturday, as the kingdom continues its push to ...

Saudi Arabia’s sovereign wealth fund — a key driver of investment in the local economy — is already allocating more money at home than abroad and may consider selling international assets to ...

is now also earning money from cinema and the film industry. Due to the changing policies of Crown Prince Mohammed bin Salman, Saudi Arabia has made unprecedented progress in the field of cinema ...

Saudi Arabia is installing artificial intelligence ... Moreover, the oil firm’s $1.5bn was on top of money Groq had already spent constructing a Middle East cluster late in 2024, said Andrew.

RIYADH, Saudi Arabia, April 21, 2025--(BUSINESS WIRE ... who will share their creative journeys with Expo visitors as inspiring examples of Saudi cultural innovation." He added: "We continue ...

On the other hand, the financial appeal of Saudi Arabia's offer is undeniable, with players like Cristiano Ronaldo, Karim Benzema and Neymar setting the stage for high-profile transfers to the ...