Saudi Crown Prince, US Secretary of Defense discuss troop deployment
:: Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call on Wednesday from the US Secretary of Defense during which they discussed ongoing arrangements to send US troops of a More »
Saudi Energy Minister confirms restoration of Kingdom’s gas production capacity
:: Saudi Arabia’s Minister of Energy confirmed on Wednesday the restoration of production capacity, affirming the Kingdom’s position as a reliable energy supplier in the global market. The energy minister, Prince Abdulaziz More »
Egypt calls Erdogan statements ‘ironic,’ accuses Turkey of sponsoring terrorism
:: Egypt’s foreign ministry spokesman, Ahmed Hafez, slammed Turkish President Recep Tayyip Erdogan’s statements at the UN General Assembly this week where he urged the UN to “handle the suspicious death of More »
Saudi Crown Prince: Attacks are test of int’l resolve against destructive acts
:: Saudi Arabia’s Crown Prince Mohammed bin Salman said on Wednesday that the attacks on Saudi Aramco oil facilities are a test of international resolve in the face of destructive acts that More »
Saudi Crown Prince says attacks on oil facilities are a ‘dangerous escalation’
:: Saudi Arabia’s Crown Prince Mohammed bin Salman said the recent attacks on Saudi Aramco facilities represented a “dangerous escalation not only toward the Kingdom but also the entire world.” The Crown More »
Tag Archives: BUDGET
Rouhani presents Iran budget, says US sanctions to hit lives, growth
:: Iran’s president submitted next year’s budget to parliament on Tuesday, the first since the United States restored sanctions that had been lifted under the nuclear deal. The $47.5 billion budget is less than half the size of last year’s,
Saudi Arabia reveals record budget for 2019 with spending of 1.1 trillion riyals
:: Figures pertaining to Saudi Arabia’s 2019 budget revealed a record spending worth 1.106 trillion Saudi riyals which is a 7.3 percent growth rate compared to 2018. According to figures announced by the Saudi Ministry of Finance, the expected revenues
Saudi Crown Prince: Economic reforms contributed to reducing budget deficits
:: Saudi Arabia’s Crown Prince Mohammed bin Salman has affirmed that the economic and structural reforms in the national economy are progressing toward achieving the objectives of the Saudi Vision 2030 aimed at diversifying the economy and achieving stability, economic
US wants $250 million cut to UN budget
:: The United States is seeking a $250 million cut to the core budget of the United Nations for 2018-2019, on top of $200 million in savings already proposed by UN Secretary-General Antonio Guterres, diplomats said Tuesday. The budget is
Morocco cabinet wins parliamentary backing, set to review budget
Morocco’s Islamist-led cabinet won a vote of confidence in parliament on Wednesday after the country went more than six months without a government, causing delays to public spending and reforms. Prime Minister Saad Eddine El Othmani from the Islamist Justice
Lebanon reveals its first budget in 12 years
Lebanon’s government has revealed the country’s first budget in 12 years after discord and political paralysis had prevented politicians in past years from agreeing on a figure. The budget will have a deficit of $4.86 billion on spending of $15.78
Budget 2016: Business leaders laud vision for sustainable development
A wide cross-section of Saudi society including ministers, businesspeople, academics and government officials have welcomed the country’s realistic and developmental budget for the new year in the face of tough regional and global challenges. Custodian of the Two Holy Mosques
Kingdom to cut reliance on foreign workers
Saudi Arabia has announced plans to reduce its reliance on foreign workers by recruiting only highly-technical workers and monitoring investments closely. “The Kingdom will now be more selective in hiring foreign workers,” said Ibrahim Al-Assaf, finance minister, while giving highlights
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