Browsing Tag
Saudi Arabia
87 posts
Saudi Arabia Yet to Officially Join BRICS
Despite its invitation to join the bloc and current trade relationships with fellow nations, Saudi Arabia has yet…
BRICS: Largest Oil Producer Making Way into China
Saudi Arabian oil company Aramco is looking to expand its footprint in China to strengthen ties between the…
Saudi Arabia Officially Joins BRICS to End US Dollar Dominance
In a statement made on the country’s state TV, Saudi Arabia has officially announced its entry into the…
BRICS: China & Saudi Arabia’s Trade Rises 257%, Hits $1.78 Billion
The US dollar becomes the first casualty when trade between BRICS countries rises. BRICS members China and Saudi…
BRICS: Saudi Arabia Plans to Boost Digital Economy
Aligning with the BRICS focus, Saudi Arabia has made a huge announcement that is set to boost its…
BRICS: US Dollar Top Loser as Saudi Arabia Pays Chinese Yuan For Trade
The US dollar is put under pressure as BRICS members China and Saudi Arabia are advancing in the…
BRICS: China & Saudi Arabia Sign $7 Billion Currency Swap Deal
BRICS members China and Saudi Arabia have kick-started the de-dollarization efforts by keeping the US dollar out for…
BRICS: Saudi Arabia Exports to Boom As Participation Grows 12%
Following its invitation into the BRICS economic alliance, Saudi Arabia is set to see its exports boom with…
BRICS: What Happens if Saudi Arabia Ditches US Dollar for Oil?
Saudi Arabia’s induction into the BRICS alliance threatens the US dollar’s prospects as the de-facto currency for oil…
Saudi Arabia’s GDP Hit by Oil Supply Cuts: 4.5% Yearly Decline in Q3
Preliminary data shows that Saudi Arabia’s economy saw a 4.5% year-on-year decline in the third quarter. This marks…
