News

Oil prices are sliding. That's a problem for Saudi Arabia and its Neom megaprojects.
Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such ...
Could Trump tariffs spell DOOM for Neom? Cost of Saudi’s barmy mega-city rockets 20-fold amid scandals & shrinking scale
DONALD Trump’s sweeping new tariffs could be the final nail in the coffin for Saudi Arabia’s Neom. The wildly ambitious, ...
OilPrice.com4d
Sinopec and Aramco Expand Saudi JV with Petrochemical Mega-Project
In a major move to boost petrochemical output and capture a greater share of global markets, China Petroleum and Chemical ...
Middle East Eye4d
Saudi Arabia’s silver lining in the US-China trade war
Trump’s tariffs could give the kingdom the jolt it needs by crashing energy prices and making Chinese exports less competitive ...
accesso wins tech contract for Qiddiya mega-project in Saudi Arabia
(Alliance News) - accesso Technology Group PLC on Wednesday said it has been selected as the guest experience technology provider for the Qiddiya City mega-project in Saudi Arabia, marking a major ...
Oil crash could push Saudi Arabia's budget deficit to $67 bn: Goldman Sachs
Crude has plunged to its lowest level in about four years after US President Donald Trump unveiled new tariffs on almost all ...
Tanking oil prices could more than double Saudi Arabia's deficit to $75 billion and threaten spending plans: Goldman Sachs economist
Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...