The world's largest oil company, Saudi Arabia's Aramco, is planning the biggest IPO ever. But analysts wonder whether the state owned company could possibly reach its 2.5 trillion dollar price tag.
The handout comes in response to a desperate plea for cash from Yemen's top officials. War in Yemen has left the economy in tatters and millions of Yemenis facing starvation.
A Saudi Arabian football stadium will open its doors to women on Friday for the first time in the nation's history. DW finds out what this means to a country that has begun to introduce more liberal values.
Saudi Arabia and the United Arab Emirates, once seen as the Gulf's leading tax havens, have imposed a 5 percent value-added tax on goods and services. Riyadh has also sought to balance its budget by upping fuel prices.
Saudi Arabia aims to start issuing tourist visas to foreigners in early 2018, a senior Saudi official told, as the government seeks to find new sources of revenue to diversify its economy.
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