Saudi Arabia’s Q3 2023 budget deficit reaches USD 9.54 billion as oil revenue falls
The largest oil exporter in the world reported a nearly USD 30 billion budget surplus in 2022 as increased oil prices caused a 31% increase in government revenue...
Tag : Riyals
Saudi Aramco’s Lumi sets price range for IPO, eyes USD 290 million target
According to a statement released by Lumi, the price range was established between 62 and 66 riyals per share, which would give the firm a worth of up to 3.63 billion riyals...