How rich is Saudi Arabia?

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. DUBAI – Saudi Arabia wants to demystify its finances. The kingdom is working on creating a consolidated…

Saudi Arabia won’t work with foreign firms without regional HQs in country starting in 2024

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. CAIRO – Saudi Arabia will no longer sign contracts with foreign companies which do not have a regional…

US exploring new bases in Saudi Arabia amid Iran tensions

DUBAI, United Arab Emirates (AP) – The U.S. military is exploring the possibility of using a Red Sea port in Saudi Arabia and additional two airfields in the kingdom amid…

Oil tops $50 as Saudi Arabia steps up

Stephen Schork, The Schork Report principal, argues while Russia needs to increase its oil production capacity, they are ignoring supply-demand fundamentals going into 2021 which is putting a stop to…