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Saudi King Salman bin Abdulaziz. (AFP)
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A Saudi man shows Saudi riyal banknotes at a money exchange shop, in Riyadh, Saudi Arabia, January 20, 2016. REUTERS/Faisal Al Nasser/File Photo
Saudi Arabia: Budget Deficit Drops 71%
Riyadh – Saudi Finance Minister Mohammed Al-Jadaan said on Thursday that the Kingdom’s budget deficit fell by 71 percent in the first quarter of 2017, while state revenues jumped by a similar rate of 72 percent, reaching US$38.4 billion (144 billion riyals). During a...Caption:
A woman makes bread inside her tent at a camp for internally displaced people near Sanaa, Yemen, May 24, 2016. REUTERS/Khaled Abdullah/File Photo
International Conference in Riyadh Agrees on ‘Aid Package’ to Yemen
Riyadh – Saudi Finance Minister Mohammed Al-Jadaan said on Wednesday that the Kingdom and the World Bank would cover 60 percent of a $500 million food aid package, proposed by the Bank to assist the Yemeni population. Riyadh hosted on Wednesday an international...Caption:
World Bank Supports Yemen with $816 Mn
Riyadh-The World Bank has committed $816 million to support emergency projects in Yemen, according to a senior Yemeni official. The announcement comes as Riyadh is scheduled to host an international meeting on Wednesday on ways to provide support for Yemen and unify...Caption:
American University of Cairo President Francis Ricciardone – Ashrq Al Awsat