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economic reforms

Saudi Arabia issues new Islamic sukuk to finance budget

by Staff Writer Tue 24 Apr 2018Thu 7 Oct 2021

Finance ministry’s debt management office says it has raised $1.3 billion

A Saudi man walks past a pump at a petrol station in the Red Sea city of Jeddah Saudi Arabia s
Photo: AMER HILABI/AFP/Getty Images

Budget

Saudi Arabia hikes the price of petrol

by Staff Writer Mon 1 Jan 2018Thu 7 Oct 2021

Price of Octane 91 increased by 82% while 95 Octane is up 126%