Saudi Arabia and Qatar back diplomatic solutions to ease tensions, ensure maritime security
Saudi and Qatari foreign ministers discussed regional developments and reaffirmed support for diplomacy to reduce tensions and safeguard navigation.
Saudi Arabia reported a budget deficit of SR84 billion during the third quarter of 2026, as per the Ministry of Finance's quarterly performance report released on Tuesday. The total revenues for the period were SR 259.11 billion, while expenditures amounted to SR343.42 billion. Oil revenues fell by 23 percent to SR116.5 billion, whereas non-oil revenues increased by 20 percent to SR142.6 billion.
Cumulatively, for the first nine months of the year, revenues totaled SR858.87 billion against expenditures of SR1,103.17 billion, leading to a cumulative budget deficit of SR244.31 billion. Oil revenues for the first nine months were SR446.3 billion, and non-oil revenues reached SR412.5 billion. By the end of the third quarter of 2026, the general reserve balance stood at SR399.5 billion.
Written by urgent.news from Saudi Gazette's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
