Saudi Arabia’s Ministry of Finance has welcomed an International Monetary Fund staff report highlighting economic resilience following their latest consultation mission. The IMF cited recent growth figures alongside reforms under Vision 2030 as key strengths supporting stability amid regional challenges.
Moody’s has affirmed Saudi Arabia’s credit rating at Aa3 with a stable outlook. The agency cites strong economic fundamentals and progress on reform initiatives such as Vision 2030.
QatarEnergy has signed a Memorandum of Understanding with Egypt’s government and ExxonMobil. The deal focuses on exploring ways to develop Cypriot gas discoveries using Egyptian export facilities. Officials say this…
QatarEnergy has acquired stakes in three offshore exploration blocks in Uruguay from BG International Limited. The move marks its first entry into Uruguay’s upstream sector. Company officials say they look…
Khalid Bawazier led Saudi Arabia’s delegation at a key G20 finance meeting in Florida. Discussions focused on sustainable growth, sovereign debt issues, and strengthening international cooperation amid global challenges.
Saudi Minister of Finance Mohammed Aljadaan led Saudi Arabia’s delegation at a virtual meeting with other Gulf Cooperation Council finance ministers. The group discussed economic cooperation, customs union progress, regional…
The National Debt Management Center has closed its May 2026 sukuk issuance worth over two billion riyals. Five tranches were offered, each with different maturity dates ranging from five to…
QatarEnergy has signed an agreement with TotalEnergies, ConocoPhillips, and the Syrian Petroleum Company for offshore oil and gas exploration near Syria. The deal focuses on evaluating Block 3 in Mediterranean…
The Saudi Ministry of Finance has named HSBC as a new primary dealer for government local debt instruments. This move is intended to strengthen financial sector institutions under Vision 2030…
Saudi Energy has released its financial results for Q1 ending March 31, 2026. Revenue grew while profits improved significantly over both prior-year and prior-quarter figures. Operational efficiency gains and higher demand were…
Saudi Energy Company reported significant increases in both revenue and net profit for Q1 2026 amid rising electricity demand across the Kingdom driven by economic development projects population growth expanding asset…
The Saudi Ministry of Finance has received ISO 37001 certification for its anti-bribery management systems. Officials say this step aims to boost transparency, compliance, and trust within its operations.
Dr. Turki Abalala represented Saudi Arabia at the United Nations Financing for Development Forum held in New York this April. He emphasized Saudi Arabia’s commitment to advancing global sustainable development…
Minister Saad Sherida Al-Kaabi held a farewell reception honoring former Qatalum CEO Khalid Mohammed Laram. The event recognized Laram’s four decades of service at QatarEnergy and its affiliates.
QatarEnergy has shipped its first liquefied natural gas cargo from the Golden Pass project in Texas. The company says this marks an important step toward full commercial operations at one…
Saudi Riyal-denominated government sukuk will join major global bond indices by J.P. Morgan and Bloomberg beginning in early 2027. The move aims to boost liquidity and attract more international investment…
Saudi Energy Company has scheduled its annual general assembly meeting virtually for May 5. Shareholders can participate online to discuss financial results and vote on key proposals including dividends and…
Saudi Arabia’s finance minister led a delegation at major IMF-World Bank meetings this April. The group discussed key financial reforms and highlighted efforts toward resilience amid regional challenges.
Saudi Minister of Finance Mohammed Aljadaan joined other finance leaders at a key G20 meeting in Washington. Discussions focused on energy market volatility, supply chain disruptions, digital assets, sovereign debt…
Saudi Minister of Finance Mohammed Aljadaan attended a U.S. Chamber of Commerce roundtable during major financial meetings in Washington, D.C., highlighting Saudi Arabia’s continued focus on economic reform and attracting…
QatarEnergy has announced a new hydrocarbon discovery offshore in the Republic of Congo through its partnership with TotalEnergies E&P Congo. The MHNM-6 NFW well encountered significant reserves that could lead…
The Saudi Ministry of Finance has begun enforcing a new Financial Control Law aimed at improving public sector financial oversight. The regulation introduces updated mechanisms for monitoring state-funded entities and…
Saudi Minister of Finance Mohammed Aljadaan will lead his country’s delegation at major IMF-World Bank meetings in Washington this April. Discussions will focus on global economic trends and strengthening international…
QatarEnergy reports that its chartered tanker Aqua 1 was hit by a missile in Qatari waters. No injuries or environmental harm resulted from the incident. Further details have not been…
The Ministry of Finance has launched a new Self-Oversight Program aimed at improving financial oversight within government entities. The initiative introduces specialized training tracks for internal controls and governance practices…
Sign-up for the Weekly Newsletter from Gulf News Journal.