Government | Friday 23 December, 2016 4:15 am

Economy strong enough to tackle all challenges: King

CUSTODIAN of the Two Holy Mosques King Salman on Thursday underlined the need for ensuring implementation of the general budget very carefully in a way achieving comprehensive and balanced development and improve the services being extended to the citizens. The King made the remarks in his...

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Government | Thursday 22 December, 2016 4:16 pm

Saudi budget 2017: Deficit forecast to drop to SR 198 billion

Saudi Arabia’s deficit is projected to decline by a third next year, according to a budget statement that is seen as a step toward eliminating the shortfall altogether by 2020. The deficit for 2016 stands at SR 297 billion, around 9 percent lower than forecast, and far below the high of SR...

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Government | Saturday 17 December, 2016 3:47 am

Ministers, economists and Shoura members commend king’s speech

Government leaders and economists said Thursday that the speech of Custodian of the Two Holy Mosques King Salman at the Shoura Council a day earlier provided a “road map” to the achievements of the Kingdom’s domestic and foreign affairs. Education Minister Ahmed Al-Isa described...

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Government | Wednesday 14 December, 2016 6:00 am

Saudi Arabia launches new banknotes

New Saudi banknotes and coins to commemorate the era of Custodian of the Two Holy Mosques King Salman were officially launched here Tuesday night. Livestreaming of the launch of the new currency by the Riyadh-based Saudi Arabian Monetary Authority (SAMA) marked the formal release of the sixth...

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Government | Tuesday 13 December, 2016 1:00 am

New designs of Saudi banknotes and coins to be released today

The Saudi Arabian Monetary Agency (SAMA) will release on Tuesday evening new designs of Saudi banknotes and coins, SAMA announced on its website. The 6th issue of banknotes and coins for the era of Custodian of the Two Holy Mosques King Salman will have the motto, “Trust and...

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Government | Sunday 11 December, 2016 3:44 pm

King, crown prince receive British foreign secretary

British Foreign Secretary Boris Johnson met with Custodian of the Two Holy Mosques King Salman and Crown Prince Mohammed bin Naif in Riyadh on Sunday to discuss ways of strengthening cooperation between Saudi Arabia and Britain. King Salman received Johnson at his office in Al-Yamamah Palace and...

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Government | Sunday 11 December, 2016 12:27 am

King thanks Kuwait Emir, says visit cemented ties

Custodian of the Two Holy Mosques King Salman sent a cable of thanks and appreciation to Kuwait’s Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah following his three-day visit to Kuwait. In his cable, the King said, “We express our best thanks and appreciation for the warm reception and ...

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Government | Saturday 10 December, 2016 11:44 am

Kuwaiti governors welcome King Salman’s visit

A number of Kuwaiti governors has welcomed the official visit of Custodian of the Two Holy Mosques King Salman to Kuwait, saying it reflects the depth of the historic and brotherly relations between Kuwait and Saudi Arabia, and the keenness of the two countries to develop them...

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Government | Friday 9 December, 2016 6:27 am

Bolstering regional peace and security

CUSTODIAN of the Two Holy Mosques King Salman arrived in Kuwait City on Thursday on the last leg of a four-nation Gulf tour.   At the Kuwait International Airport, the King was accorded a warm reception by Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and other Kuwaiti leaders. King...

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Government | Thursday 8 December, 2016 9:00 am

First GCC-UK Summit concludes

The first GCC-UK Summit, which took place alongside the 37th GCC Summit, confirmed the depth of partnership and cooperation between the Gulf bloc and Britain. The leaders agreed to launch the GCC-UK strategic partnership to foster closer relations in the political, defense, security and trade...

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