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Saudi Economy

Saudi Arabia offers $8B aid to Pakistan amid UAE debt issues

16 Apr 2026-18:41
Iran-linked hacker group claims cyberattack on Saudi, Bahraini steel firms

The Iran-linked Handala hacker group has claimed it penetrated the computer systems of two major steel companies in the Arab world, causing what it described as a complete disruption of operations.

14 Apr 2026-11:21
Saudi Arabia, Türkiye, Egypt eye consortium for Strait of Hormuz as Iran remains silent

Amid the rapidly evolving geopolitical landscape of the Middle East and rising tensions surrounding Iran, the idea of establishing a new mechanism to manage one of the world’s most crucial energy hubs — the Strait of Hormuz — is gaining both economic and strategic importance.

02 Apr 2026-09:17
How events in the Middle East are affecting Uzbekistan

Editor’s note: Moses Becker is a special political commentator for News.Az. He holds a PhD in political science and specialises in interethnic and interreligious relations. The views expressed in this article are the author’s own and do not necessarily reflect the position of News.Az.

30 Mar 2026-08:03
Iran war puts Gulf economies on brink of historic slump

The ongoing conflict with Iran could trigger one of the most severe economic downturns for Gulf nations since the early 1990s, threatening the economies of Saudi Arabia, United Arab Emirates and Qatar if hostilities persist.

16 Mar 2026-12:20
Saudi economy expands 4.8% in Q3 2025

Saudi Arabia’s real gross domestic product (GDP) grew by 4.8% in the third quarter of 2025 compared to the same period in 2024, according to the Q3/2025 GDP bulletin released by the General Authority for Statistics (GASTAT).

08 Dec 2025-16:56
How Saudi Arabia is diversifying away from oil — and betting big on AI

28 Oct 2025-08:23
Saudi Arabia commits $500M in aid to stabilize Yemen's economy

On December 27, Saudi Arabia unveiled a $500 million economic aid package for Yemen's official government. The package includes a $300 million deposit to Yemen's central bank and $200 million to help address the country's $1.2 billion budget deficit, News.az reports citing foreign media.

28 Dec 2024-19:27
Azerbaijan, Saudi Arabia eye creating joint ventures

Azerbaijan and Saudi Arabia consider establishing joint ventures.

01 Oct 2024-15:46
Azerbaijan's Minister of Economy to attend the World Economic Forum in Saudi Arabia

28 Apr 2024-04:32

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