Saudi air defenses Thursday intercepted a ballistic missile over the southern city of Jizan after it was fired from rebel-held territory in neighboring Yemen, an Arab-led military coalition said. Debris from the missile landed in residential areas of Jizan without causing casualties,...

Saudi Arabia is looking to the entertainment sector with a view to diversifying its economy away from petroleum, which has recently suffered from a decrease in international prices. Since Mohammad bin Salman was made crown prince last summer, the kingdom has stepped up its search for...

The International Monetary Fund has called on Saudi Arabia to keep public spending under control, even as a partial recovery of oil prices helps the economy emerge from recession. The lender called on the world's top oil exporter to continue "bold structural changes" but to "resist the...

An Arab-led military coalition destroyed two Houthi boats threatening an oil tanker in the Red Sea on Wednesday, state media reported. United Arab Emirates (UAE) coalition forces destroyed two boats deployed by Yemen's Iran-aligned Houthi movement "which were threatening a commercial...