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Saudi Budget Deficit more Than Halved in 2017
Riyadh- Saudi Arabia’s finance ministry revealed on Sunday the second quarter report of the state budget showing great progress in terms of managing the deficit. Positive progress in the first half of 2017 is backed with figures showing revenues jumping by 29 percent...Caption:
World Bank says Saudi reforms have increased the level of trust in the Kingdom’s economy (Photo: Faisal Al Nasser/Reuters)
World Bank: Reforms Bolster Trust in Saudi Economy
Riyadh – The World Bank said that Saudi reforms, which fall under the framework of Vision 2030, have increased the level of trust in the Kingdom’s economy, noting that growth rate is expected to rise by 2 percent between 2018 and 2019, compared to 0.6 percent this...Caption:
Minister of Energy, Industry and Mineral Resources Khalid al-Falih attends the 15th International Energy Forum in Algiers on the eve of an informal OPEC meeting on September 27, 2016. (AFP)
Falih: National Program for Atomic Energy to Achieve Goals of ‘Saudi Vision 2030’
Riyadh – Minister of Energy, Industry and Mineral Resources Khalid al-Falih expressed gratitude to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and to Vice Custodian Mohammed bin Salman for adopting the National Program for Atomic Energy,...Caption:
Crown Prince Mohammed bin Salman (Reuters)