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 VISION 2030
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
Saudi royal decree guarantees allowances to cover cost of living for new fiscal year
:: A royal decree by Saudi Arabia’s King Salman ordered the continuation of allowances covering the cost of living for civil sector employees for the new fiscal year on Tuesday. The decree states that 1,000 Saudi riyals ($266) would be
Saudi King orders protection of whistleblowers who report corruption
:: Saudi Arabia’s King Salman has ordered the provision of adequate protection to every employee who submits a complaint against financial and administrative corruption practices to ensure that they are not exposed to any persecution later on. The head of
Saudi government to hand over 25 schools to private sectors
:: Saudi Arabian authorities on Tuesday ordered the handover of 25 state-run schools to be run by private sector companies as part of economic reforms designed to ease pressure on the state’s finances. Riyadh announced last week that it aimed
Reforms aimed at ‘cancer’ of corruption, says Saudi crown prince
:: Saudi Arabia’s crown prince says the anti-corruption drive launched late last year is the “shock therapy” that the Kingdom needs to root out widespread graft. “You have a body that has cancer everywhere, the cancer of corruption. You need
Saudis to enjoy 5,000 events in 2018 … now that’s entertainment
:: Saudi entertainment chiefs have lined up a calendar of more than 5,000 events for the rest of 2018 in an unprecedented year of cultural and leisure activities. The General Entertainment Authority’s program for 2018, featuring a diverse lineup of
Mineral resources remain key to Vision 2030 success: Al-Falih
:: Under the slogan “Bounties of our land,” Saudi Energy Minister Khalid Al-Falih inaugurated the 12th International Geological Conference on Sunday and an accompanying exhibition at a local hotel in Jeddah. The conference has been organized by the Saudi Geological
Riyadh forum to discuss tomorrow’s economy
:: Preparations are underway at the Riyadh Economic Forum to launch the eighth session of the forum, which will be held on Nov. 27-29 under the patronage of King Salman. The forum in its previous sessions focused on in-depth research
Saudi Future Investment Initiative set to feature a robot session moderator
:: To be a robot moderate a session for the leaders of the world’s largest investment fund forum, with more than 100 speakers from the world’s leaders and financial policymakers and decision-makers, at least indicates that we are about to
Berlin seeks new partnerships with Riyadh through Future Investment Initiative
:: A German diplomat has confirmed that his country will expand its cooperation with Riyadh in various economic, political and security fields during the coming year, pointing out that a large delegation will participate in the Future Investment Initiative, hosted
UK Times hails Saudi crown prince’s ‘riyal diplomacy’ to lead world economy
:: Riyadh has sent a clear message of its desire to move away from the oil-dependent economy, diversify its resources, and put Saudi Aramco for initial public offering (IPO). According to the British newspaper The Times, Saudi Arabia seeks to
SAP Commit to Saudi Vision 2030 Digitization Goals
:: The Kingdom’s biggest public and private sector organizations have announced their commitment to Saudi Vision 2030 and National Transformation Program 2020 goals of digital transformation, with a common theme: Transform or Be Left Behind! The global economy is being
Saudi fund in initiative for better use of robots
:: Busy day at work? Don’t fret: A friendly robotic assistant may soon take the strain. That vision of the future looks a step closer, following a partnership announced on Wednesday between a Saudi fund and Japan’s SoftBank that aims
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
Red Sea resort an essential element of Saudi Vision 2030
By : Frank Kane :: We are witnessing the rapid urbanization and modernization of Saudi Arabia’s Red Sea coast, and the return of the Hejaz to its former pre-eminence as a trading, cultural and leisure hub of the Arabian Peninsula.
Residency regulations revisited!
By : Dr. Khaled M. Batarfi :: EVERY now and then, regulations are issued without justification and interpretation, and it is difficult for us, as commentators and writers, to explain them to the public. One of those is the new
We must prepare for the global energy changes to come
By : Abdulrahman al-Rashed :: Bahrain was a rich market for pearl trade. One morning, things changed as the Japanese discovered cheaper and more productive industrial alternatives. The Bahraini main trade collapsed, the fishing boats became deserted, and the Gulf
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