Crashing oil prices triggered by waning demand, global trade war fears and growing crude supply could more than double Saudi Arabia's budget deficit, a Goldman Sachs economist warned. The bank's ...
Saudi Arabia has raised $11 billion through a syndicated loan, the biggest globally by a government this year, as it looks to fund a budget deficit amid weaker oil revenues. The 10-year loan was ...
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Saudi Arabia seeks $58bn to meet 2026 budget deficit
Saudi Arabia has approved its 2026 borrowing plan, with projected funding increasing almost 56 percent from 2025 to SAR217 billion ($58 billion), according to the finance ministry. This amount is ...
The Strait of Hormuz blockade threatens 20% of global oil and 85% of Gulf food imports. Qatar and Kuwait face GDP ...
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