King Salman of Saudi Arabia ordered a major government reshuffle Thursday, replacing the ministers of foreign affairs and information, a royal decree said. The shake up comes as the kingdom grapples with international outrage over the murder of journalist Jamal Khashoggi, a scandal that has tipped Riyadh into one of ...
Saudi Arabia on Tuesday announced its 2019 budget projecting a $35 billion shortfall, amounting to a deficit for the sixth year in a row due to low oil prices. The budget foresees spending at $295 billion, the largest in the oil-rich kingdom’s history, while revenues, mostly from oil, are estimated ...