Discover everything about the Saudi Riyal (SAR), from its historical origins and fixed USD exchange rate, to its impact on the Kingdom's oil-based economy.

RIYADH (Reuters) -Saudi Arabia's economy minister forecast real GDP growth of 5.1% for 2025, supported by the non-oil sector, as the kingdom accelerates efforts to diversify away from oil. "We ...

According to official data, over $9 billion were invested in India by Japanese megabanks and major businesses via mergers and ...

Saudi Arabia's economic transformation stands at a critical juncture. As 2025 unfolds, the Kingdom's efforts to shift away from oil dependency are visible in the data, yet fiscal pressures and trade ...

ABU DHABI, Oct 30 (Reuters) - Saudi Arabia's economy grew 5% in the third quarter from a year earlier, according to flash government estimates released on Thursday, with oil-related growth surging as ...

Saudi Arabia’s economy expanded at the fastest pace since early 2023 in the third quarter, helped by rising oil production and big state investments in non-hydrocarbon sectors. Gross domestic product ...