Saudi Arabia and OPEC's focus is on ensuring long-term market stability to meet growing demand, including from the U.S. and the rise of artificial intelligence, Saudi Minister Alibrahim said. Read also: Saudi summit helped isolate Russia,

Saudi Arabia will host regular meetings of the World Economic Forum, starting from spring 2026, Saudi Economy Minister Faisal Alibrahim said on Friday at the end of a panel at the Forum in Davos. "We look forward to welcoming the global community again in Saudi Arabia in the spring of 2026," he said.

DAVOS, Switzerland--(BUSINESS WIRE)--The Kingdom of Saudi Arabia will host a regular high-level World Economic Forum (WEF) global meeting in Riyadh, with the first slated for the Spring of 2026 ...

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous year, preliminary government data released on Thursday showed, with non-oil sector activities lifting overall GDP.

Saudi Arabia’s real gross domestic product increased 1.3% in 2024, preliminary government data released on Thursday showed. The growth marks a return to economic expansion after the previous year and was primarily driven by non-oil sector activities,

Oil futures finished higher Thursday, a day after the U.S. benchmark saw its lowest settlement of the new year, as traders continued to weigh the possibility that President Donald Trump will implement tariffs on Canada and Mexico, which are among the biggest sources for U.S. oil imports.

"Come make your product in America and we will give you among the lowest taxes of any nation on earth ... But if you don't make your product in America, which is your prerogative, then very simply you will have to pay a tariff," Trump said.

Saudi Arabia's energy minister and several of his OPEC+ counterparts have held talks following U.S. President Donald Trump's call for lower oil prices and ahead of a meeting next week of OPEC+ oil-producing countries,

Some more details on Saudi Arabia's transformative Neom gigaproject have been revealed, including its ambitious timeline and how people will actually go about living in its incredible futuristic city,

"Come make your product in America and we will give you among the lowest taxes of any nation on earth ... But if you don't make your product in America, which is your prerogative, then very simply you will have to pay a tariff," Trump said.

Kyle Shostak pointed out that although in theory the policies of the new US administration could lead to the saturation of the hydrocarbon market, "in reality things are different for now"

Donald Trump said prices were going to be lower when he got back into office. Explain, then, how gas prices are up 21 cents a gallon from a month ago.