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The IMFSaid Last Month That Growth in the Non-Oil Sector Was Expected to Accelerate as the Kingdom Moved Ahead With Economic Reforms. (Shutterstock)

September 18th, 2018 - 07:18 GMT

IMF Confident Saudi Can Meet 1.9 Percent GDP Forecast

Saudi Arabia’s economy can achieve an International Monetary Fund forecast of 1.9 percent gross domestic product growth this year, the central bank governor said on Sunday.

Saudi Arabia is tapping international and domestic markets to help finance a budget deficit that may reach $53 billion this year. (Shutterstock)

April 13th, 2017 - 05:00 GMT

Saudi Arabia to raise over $8B in first Islamic bond sale

A Syrian opposition fighter walks in a poppy field in Deraa, April 10 2017. (AFP/Mohammad Abazeed)

April 12th, 2017 - 02:00 GMT

Syrian government and opposition swap prisoners ahead of Madaya evacuation

Libya's Sharara oilfield, which had only just returned to production, was shut on Sunday after a group blocked a pipeline linking it to an oil terminal. (AFP/File)

April 11th, 2017 - 10:30 GMT

Oil prices up after Libya’s biggest field shuts down

The price of oil has hit its highest level for a month in response to the US missile attack on a military base in western Syria: Agencies. (AFP/File)

April 7th, 2017 - 07:45 GMT

Oil prices jump after Trump launches military strike on Syria

A member of the Iraqi forces adjusts a mortar on the edge of western Mosul, 4 April 2017. (AFP/Ahmad Gharabli)

April 5th, 2017 - 02:00 GMT

Daesh attacks Tikrit, killing 31

Daesh's spokesman referred to Trump directly for the first time, calling him an "idiot" who does not understand the Middle East or Islam. (File photo)

April 5th, 2017 - 09:15 GMT

The only thing you’re likely to agree on with Daesh: US is ‘being run by an idiot’

Women hold flowers and lit candles as they take part in a gathering in memory of victims of the blast in the Saint Petersburg metro in Simferopol, Crimea, on April 3, 2017. (AFP/Max Vetrov)

April 4th, 2017 - 09:00 GMT

Russia: Suspect in St. Petersburg explosion likely Kyrgyz-born Russian citizen

Saudis gather to light lanterns and mark Earth Hour. (Twitter/Arab News)

March 27th, 2017 - 07:25 GMT

Cities across Saudi Arabia go dark for Earth Hour

A free trade agreement between the UK and the GCC states is on the agenda. (File photo)

March 27th, 2017 - 07:18 GMT

UK eyes $6.5B investments from Qatar, GCC as Brexit approaches

Asma al-Assad greets a Syrian mother, 21 March 2017. (Syrian Presidency)

March 23rd, 2017 - 12:00 GMT

Asma al-Assad ‘mother of the nation?’ Instagram doesn’t think so

Smoke billows following a reported air strike in the rebel-held parts of the Jobar district, on the eastern outskirts of the Syrian capital Damascus, on March 20, 2017. (AFP/Amer Almohibany)

March 22nd, 2017 - 06:00 GMT

EU sanctions four senior Syrian military officials over chemical weapons use

A man serving tea in Cairo. (Shutterstock/ Orhan Cam)

March 21st, 2017 - 05:00 GMT

Inflation rate in Egypt hits highest level in 30 years