The Saudi cabinet approves plans to try to move the country away from its dependency on oil profits, including creating a giant sovereign wealth fund.

15-year plan includes diversification, privatisation of state assets, tax increases and creating a $2tn sovereign wealth fund

Barack Obama lands in Saudi Arabia on Wednesday as the U.S. alliance with the Mideast powerhouse is being questioned on both sides like never before.

Aaron David Miller says the two allies have drifted apart but still need each other for many reasons.

Aaron David Miller says the two allies have drifted apart but still need each other for many reasons.

Old certainties of demand and supply are obsolete.