Billions of dollars spent by Saudi Arabia on cutting edge Western military hardware mainly designed to deter high altitude attacks has proved no match for low-cost drones and cruise missiles used in a strike that crippled its giant oil industry, according to a report posted by Reuters. Saturday’s attack on ...
Saudi Arabia’s economic growth in 2019 will be significantly less than the kingdom had expected because of OPEC-led oil output cuts, the country’s finance minister said on Wednesday. “Total GDP is going to be significantly less than what we have forecasted,” Mohammed al-Jadaan told Reuters in an interview in Riyadh, ...