
Saudi PIF to invest $40bn locally in 2022, says Crown Prince Mohammed bin Salman
2022 budget aims to achieve post-pandemic financial and economic targets for the country.
2022 budget aims to achieve post-pandemic financial and economic targets for the country.
RIYADH: Saudi Arabia expects a 2022 budget surplus of SR90 billion ($24 billion), the Saudi Press Agency reported, citing a Cabinet statement. If achieved, this will be the first fiscal surplus since 2013. Total revenues for 2022 are estimated at SR1.05 trillion, while spending is estimated at SR955 billion — the lowest level since 2017. […]
RIYADH: Saudi Arabia will host and preside over the 42nd session of a summit for Arabian Gulf countries on December 14, the Secretary-General of the Gulf Cooperation Council said on Sunday. Nayef Falah Mubarak Al-Hajraf congratulated the Kingdom for assuming the presidency of the forty-second session of the GCC and thanked Bahrain for its great […]
PM will become first Israeli premier to openly visit Gulf state, will meet Mohammed bin Zayed Al-Nahyan to discuss ‘deepening ties’ between countries a year on from Abraham Accords
The visit came six months after a meeting between him and Kuwait's Crown Prince Sheikh Mishal Al-Jaber Al-Sabah when the latter traveled to Riyadh for talks.
For measures to improve the safety and security of international shipping, and to prevent pollution from ships.
DUBAI: Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Kuwait on Friday after leaving Bahrain, the fourth leg of his tour of Gulf countries aimed at bolstering relations. The crown prince sent a cable of thanks to Bahrain’s rulers after his departure. “As I leave your brotherly country, it gives me great pleasure to express […]
Saudi Crown Prince Mohammed bin Salman’s visit to Bahrain, his latest stop on a tour of the Gulf states, is expected to cement ties between the two kingdoms, with both witnessing strong reciprocal trade and a burgeoning tourism sector. Ahead of the visit, Saudi Arabia’s King Salman sent a written message to Bahrain’s King Hamad […]
Bahrain’s King Hamad on Monday congratulated Saudi Arabia’s King Salman over the great success of the inaugural Formula 1 Saudi Arabian Grand Prix at the Jeddah Corniche Circuit. King Hamad praised the “distinguished organization of this international sporting event” that showed that the Kingdom benefits from huge capabilities and potentials, which will boost it’s status […]
Saudi Crown Prince Mohammed bin Salman on Wednesday arrived in the Qatari capital, Doha, on the third leg of his official tour of neighboring Gulf countries. Prince Mohammed and Sheikh Tamim reviewed relations between their two countries and ways to enhance cooperation in various fields, as well as the latest regional and international developments. The crown […]