Saudi Arabia’s Economic Outlook Upgraded in April
This month’s higher oil prices have contributed to improvements in Saudi Arabia’s sovereign balance sheet, and as a result Fitch...
Interview: USSBC President & CEO H. Delano Roosevelt on “Frankly Speaking”
U.S.-Saudi Business Council President and CEO H. Delano Roosevelt recently sat down with award-winning journalist Frank Kane of Arab News...
Gaming and Esports in Saudi Arabia
The Saudi gaming and esports sectors are keeping pace with the rapid growth seen in the country’s other industries under...
Summary: Saudi Arabia’s Future Investment Initiative 2021
Day One This year’s Future Investment Initiative (FII), a high-level conference and platform for discussion among the world’s most influential business...
Saudi Arabia Releases 2021 Pre-Budget Statement
Saudi Arabia’s revenues are expected to reach $240.8 billion in 2022, according to a pre-budget statement released by the Ministry of Finance. The...
S&P Affirms Saudi Arabia’s A-/A-2 Credit Rating
S&P Global Ratings has affirmed Saudi Arabia’s A-/A-2 credit rating with a stable outlook. The ratings agency credited a rise in oil...
Fitch Improves Saudi Arabia’s Outlook to Stable
Fitch Ratings has revised Saudi Arabia’s outlook from negative to stable and maintained the Kingdom’s sovereign rating at ‘A.’ The credit...
IMF Releases Report on 2021 Article IV Consultation with Saudi Arabia
The International Monetary Fund (IMF) has recently released its report on its 2021 Article IV consultation with Saudi Arabia. Article IV consultations, named after Article IV of...
Saudi Arabia’s 2021 Growth Forecast Rises to 2.9 Percent
The International Monetary Fund raised its forecast for Saudi Arabia’s economic growth to 2.9 percent, compared to its earlier January...
S&P Reaffirms Saudi Arabia’s Rating at ‘A-/A-2’ with Stable Outlook
S&P Global Ratings has reaffirmed Saudi Arabia’s sovereign credit ratings at ‘A-/A-2’ with a stable outlook, saying that the country’s...