Tuesday, 02 January 2024 12:17 GMT

Saudi Arabia to deal with weak oil challenge with 'firm will'


(MENAFN- Arab News) RIYADH: Custodian of The Two Holy Mosques King Abdullah said Saudi Arabia would deal 'with a firm will' with the challenge posed by lower oil prices in a speech read on his behalf by Crown Prince Salman deputy prime minister and minister of defense and broadcast on state television.

He said lower prices were primarily caused by weakness in the global economy and said that Saudi Arabia had faced similar market conditions before.









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