Saudi Arabia expects oil revenue to jump about 80 percent by 2023 to help the kingdom record its first budget surplus in a decade, according to several people...
Its economy is 5 percent the size of Saudi Arabia’s, but analysts are betting the kingdom won’t let its neighbor’s financial woes morph into a Gulf crisis.
Foreign investors may be finally curbing their enthusiasm for Egyptian local-currency debt.
Kuwaiti officials are considering an annual public spending cap of 21 billion dinars ($69.5 billion) on average over the next three fiscal years to help the...
Saudi Arabia’s non-oil revenue could surge by some 80 billion riyals ($21.3 billion) next year, according to Bank of America Merrill Lynch, boosting the...
The slump in oil prices has spurred Saudi Arabia’s government to search for savings, contemplate project delays and sell bonds for the first time since 2007.