Browsing Tag
Saudi Arabia
125 posts
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…
Saudi Arabia to Invest $50 Million into Metaverse Firm Animoca
Saudi Arabia is set to invest a whopping $50 million into Metaverse firm Animoca, according to a new…
BRICS: Saudi Arabia Lines Up New Trade Deals Beyond Oil
The new BRICS member Saudi Arabia is seeking to expand its trade deals beyond the traditional oil and…