Investment, security to top agenda during Saudi Crown Prince India visit

Investment, security to top agenda during Saudi Crown Prince India visit

:: Saudi Crown Prince Mohammed bin Salman is set to arrive in India on Tuesday as part of his Asian tour, which kick started in Pakistan and will end in China at More »

Public Prosecution to handle customs probes in Saudi Arabia

Public Prosecution to handle customs probes in Saudi Arabia

:: King Salman on Tuesday issued a royal decree to transfer investigations and prosecutions of customs cases to the Public Prosecution, instead of the General Customs Authority, within a period not exceeding More »

King Salman receives officials from anti-corruption agencies

King Salman receives officials from anti-corruption agencies

:: Senior officials from different government monitoring and anti-corruption agencies called on King Salman at his palace in Riyadh on Monday. The king stressed the need for fighting graft and the importance More »

Port paves way for ‘new era of economic affluence’ in Saudi Arabia

Port paves way for ‘new era of economic affluence’ in Saudi Arabia

:: Crown Prince Mohammed bin Salman (center) at the launch of the King Abdullah Port on Monday. King Abdullah Port, the fastest-growing container port in the world, is considered a major success More »

Saudi anti-corruption crackdown recovers $106 billion in assets

Saudi anti-corruption crackdown recovers $106 billion in assets

:: Saudi investigators have recovered assets worth more than $106 billion in an anti-corruption crackdown ordered by Crown Prince Mohammed bin Salman, the royal court said on Wednesday. The funds are in 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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