Saudi King and Crown Prince Condole Kuwait

Saudi King and Crown Prince Condole Kuwait

In a heartfelt gesture of solidarity, Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman expressed their deepest condolences to the Emir of Kuwait on Monday following the passing of Sheikh More »

Putin and Abbas Discuss Gaza Crisis

Putin and Abbas Discuss Gaza Crisis

Russian President Vladimir Putin is set to meet with Palestinian President Mahmoud Abbas on Tuesday during Abbas’ visit to Russia. Arriving on Monday, Abbas aims to discuss the ongoing Gaza conflict with More »

Saudi Arabia Voices Strong Support for Gaza Peace Initiatives

Saudi Arabia Voices Strong Support for Gaza Peace Initiatives

Saudi Arabia has firmly aligned itself with the recent joint statement made by President Joe Biden of the United States, President Abdel Fattah El-Sisi of Egypt, and Sheikh Tamim bin Hamad Al-Thani, More »

Saudi Crown Prince, US Secretary of Defense discuss troop deployment

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 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 »

 

Tag Archives: SAUDI BUDGET 2016

Saudi Arabia unveils 2016 budget

Saudi Arabia unveiled its 2016 budget on Monday which predicted a deficit of 326 billion riyals ($87 billion) in the new year, Al Arabiya News Channel reported. “Our economy has the potential to meet challenges,” King Salman said in a

Saudi budget prioritizes citizens with education, development funds

Saudi Arabia unveiled on Monday its general budget for the fiscal year 2016 with total revenues estimated at SR513.8 billion ($136.9 billion), expenditures budgeted at SR840 billion and fiscal shortfall projected at SR326.2 billion. Education and training received the highest

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