Economic Diversification

Saudi Arabia is contemplating a multi-billion dollar share sale of oil giant Aramco as early as June. This potential deal could raise around $10 billion and be a significant step …

Saudi Aramco is maintaining its $31 billion dividend payout despite a decline in profits. This decision highlights the challenges and opportunities for the kingdom’s economic diversification plans, which include potential …

Nigeria faces the prospect of missing out on significant opportunities as oil prices soar towards the $100 mark, signaling potential windfalls for oil-producing nations. Despite being a major player in …

Saudi Arabia achieves a significant milestone as non-oil revenue reaches 50% of its Gross Domestic Product (GDP), marking a pivotal shift in the kingdom’s economic landscape. This remarkable development underscores …

Algeria wants to boost non-oil exports this year. The goal is $10 billion. This decision counters risks from an oil-focused economy. Oil and gas dominate Algeria’s exports, making up 93%. …