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
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 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 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 »
Tag Archives: SAUDI ECONOMY BUDGET OIL
Saudi budget deficit halves as financial reforms kick incendiary
:: Saudi Arabia’s budget deficit halved in the first six months of the year following sweeping spending cuts that form part of an ambitious economic reform plan. The deficit shrank by 51 percent to SR72.73 billion ($19.38 billion) which officials
‘We want to keep financial services in the region’
:: Since the Abu Dhabi Global Market (ADGM) declared itself “open for business” some 20 months ago, Richard Teng has clocked up the air miles in his efforts to promote the Arabian Gulf region’s newest financial center around the world
Saudi Cabinet throws its support for inter-Arab investments
The Cabinet on Monday threw its support to the Arab finance ministers in their call for diversification of income sources and to promote inter-Arab investments during their meeting in Rabat. The Cabinet also gave their support for the finance ministers’
Saudi efficiency review finds up to SR17bn of cost savings: Finance minister
The body set up by Saudi Arabia to cut the costs of government projects has identified up to SR17 billion ($4.53 billion) in further efficiency savings, Finance Minister Mohammed Al-Jadaan has told Reuters. Government sources had told Reuters earlier this
Women in leadership positions: Are quotas the answer?
What is the role of the government and private sectors in tackling obstacles faced by women in leadership positions? How will greater women’s participation contribute to the global economy? These were key questions posed at the Top CEO Conference held
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