Hala Saghbini

Hala Saghbini
Business A cargo ship in the Gulf, near the Strait of Hormuz, March 11, 2026. REUTERS/Stringer/File Photo

World Bank to Asharq Al-Awsat: Saudi Arabia Plays a Central Role in Stabilizing Energy Markets

At a time when geopolitical tensions are disrupting the stability of vital maritime corridors, fundamental questions are emerging about the ability of major…

Hala Saghbini (Riyadh)
Business  Riyadh, Saudi Arabia (Reuters)

World Bank Sees Saudi Budget Deficit Halving, Current Account Surplus of 3.3% in 2026

As regional economies reel from a complex and uncertain geopolitical landscape, with shipping disruptions through the Strait of Hormuz adding pressure, the…

Hala Saghbini (Riyadh)
Business A cargo ship in the Arabian Gulf near the Strait of Hormuz (Reuters)

World Bank Slashes 2026 Middle East Growth Forecast, Saudi Arabia Absorbs Shock

The World Bank has slashed its 2026 growth forecast for Middle East economies, saying overall GDP growth in ⁠the region is expected to slow from an estimated 3…

Hala Saghbini (Riyadh)
Business Group photo of participants at the Conference for Emerging Market Economies held in AlUla. X

‘AlUla Manifesto’ Ends Era of ‘Economic Dependency’

A joint statement issued by Mohammed Aljadaan, the Saudi Minister of Finance, and International Monetary Fund (IMF) Managing Director Dr. Kristalina Georgieva…

Hala Saghbini (AlUla)
Business Saudi Arabia’s Minister of Finance addresses attendees at the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat). 

AlUla Conference Urges Emerging Economies to Act Decisively, Define Their Own Growth Models

The AlUla Conference for Emerging Market Economies concluded with a clear call for emerging nations to move beyond imitation and take ownership of their…

Hala Saghbini (AlUla)
Business The Pakistani Finance Minister during his meeting with Saudi Minister of Economy and Planning Faisal Alibrahim on the sidelines of the AlUla Conference (SPA)

Pakistan’s Finance Minister to Asharq Al-Awsat: We Draw Inspiration from Saudi Arabia

Pakistani Finance Minister Muhammad Aurangzeb discussed the future of his country, which has frequently experienced a boom-and-bust cycle, saying Pakistan has…

Hala Saghbini (AlUla)
Business Professor Pol Antràs speaks during a panel discussion at the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat).

Leading Harvard Trade Economist Says Saudi Arabia Holds Key to Success in Fragmented Global Economy

Harvard University economics professor Pol Antràs said Saudi Arabia represents an exceptional model in the shifting global trade landscape, differing…

Hala Saghbini (AlUla )
Business Jihad Azour, Director of the IMF’s Middle East and Central Asia Department, speaks during one of the conference sessions last year (Asharq Al-Awsat)

IMF Reaffirms Confidence in Emerging Markets ahead of AlUla Conference

The International Monetary Fund said emerging economies are showing exceptional resilience in the face of global volatility, as it cast the upcoming AlUla…

Hala Saghbini (Riyadh)