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 ...
Saudi Arabia on Monday slammed as “interference” US Senate resolutions over its war in Yemen and critic Jamal Khashoggi’s murder, warning that the move could have repercussions on its strategic ties with Washington. The Republican-controlled Senate voted on Thursday to end American military support for a Riyadh-led war in Yemen, ...
