Editor
The Kingdom Tower (center) stands on the skyline above the King Fahd highway in Riyadh, Saudi Arabia.
Simon Dawson | Bloomberg | Getty Images
Saudi Arabia reported its first budget surplus in nearly 10 years, thanks to its revenue being ramped up by elevated oil prices.
The 2022 surplus came to 102 billion riyals ($27 billion), constituting 2.6% of Saudi gross domestic product, according to the kingdom’s finance ministry, releasing what it…
