Saudi Arabia on Monday said its budget deficit for next year would widen as the world's top oil exporter faces tumbling oil prices and production cuts. The kingdom projected a budget deficit of $50 billion for 2020, for the seventh year in a row, up $15 billion on this year, according to an...

 U.S. President Donald Trump and Saudi Crown Prince Mohammed bin Salman on Sunday discussed last week’s Florida naval base shooting and vowed to work together on the investigation of the attack, which left three people dead and injured eight others. “The Crown Prince reiterated...

The number of Egyptians switching to dual-fuel vehicles is accelerating as the government pushes motorists to use cheaper, cleaner and plentiful natural gas. About 300,000 vehicles, mostly taxis and minibuses, have been converted to dual-fuel systems since the 1990s — a small fraction of...

Iran's budget for next year expects oil prices at $50 a barrel, head of Planning and Budget Organization Mohammad-Baqer Nobakht said in a press conference Monday. Nobakht was quoted as saying by oil ministry's news agency SHANA that the government had prepared the budget on expectations of...