Government | Wednesday 20 December, 2017 1:12 am

Improving citizens’ living standards a priority

Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, affirmed that improving the living standard of citizens is at the heart of the government’s efforts to diversify the economy and achieve financial stability through stimulus packages to the private sector and generating ...

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Government | Tuesday 19 December, 2017 5:36 pm

SR978 billion budget unveiled

Custodian of the Two Holy Mosques King Salman on Tuesday unveiled the general budget for the fiscal year of 2018 at the special Council of Ministers session at Al-Yamamah Palace in Riyadh. The budget projects a historic spending of SR978 billion, an increase of 5.6 percent compared to the...

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Government | Tuesday 19 December, 2017 2:12 am

‘Protectors of the Nation: Sacrifice and Giving’ Exhibition is Open for the Public at Etihad Museum

‘Protectors of the Nation: Sacrifice and Giving’ exhibition, recently opened its door to the public at Etihad Museum, an entity managed by Dubai Culture & Arts Authority (Dubai Culture), which will run for six months.   The exhibition highlights the efficiency and...

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Government | Monday 18 December, 2017 2:33 am

King, FIFA president discuss cooperation in sports field

Custodian of the Two Holy Mosques King Salman received FIFA President Gianni Infantino at Al-Yamamah Palace in Riyadh on Sunday.   They reviewed the areas of cooperation between FIFA and General Sports Authority in the Kingdom. ...

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Government | Saturday 16 December, 2017 9:30 am

Green Card under study

A “Green Card” for foreign investors is under study. If approved, it will be announced soon, Head of the Local Content and Private Sector Development Unit at the Council of Economic Affairs and Development, Advisor to the General Secretariat of the Council of Ministers, Fahad Al-Skeit...

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Government | Friday 15 December, 2017 1:46 am

Saudi Arabia plans $19bn boost for private sector

Saudi Arabia is to inject SR72 billion ($19.2 billion) into the private sector of the economy in a bid to stimulate activity in the non-oil sector, which has been hit by the slowdown in government spending as a result of oil revenue weakness. Housing and small business are major beneficiaries...

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Government | Wednesday 13 December, 2017 6:00 am

Citizens’ Fund: First deposit of allowance on Dec. 21

The government will make the first deposit of monetary allowance for the beneficiaries of the Citizen’s Account Program on Dec. 21, it was announced. This follows the approval of the policies of the program by the Council of Ministers on Tuesday. The policies include details of...

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Government | Tuesday 12 December, 2017 12:46 pm

US chain AMC signs deal to build and operate movie theaters in Saudi Arabia

Giant US cinema chain AMC Entertainment has signed a deal to build and operate movie theaters in Saudi Arabia after the Kingdom lifted a decades-old ban. The deal, announced by AMC in a statement and confirmed by Saudi state media on Tuesday, will see the company form a joint venture with...

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Government | Tuesday 12 December, 2017 5:32 am

King Salman Patronizes the King Khalid Prize 2017

Custodian of Two Holy Mosques King Salman bin Abdulaziz patronized in Riyadh on Monday the King Khalid Prize 2017 honoring ceremony, reported the Saudi Press Agency. He was received At the venue by Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh Region; Prince Faisal bin Khalid...

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Government | Monday 11 December, 2017 8:00 am

220 dignitaries arriving for Umrah as King’s guests

Some 220 Muslim dignitaries will arrive in Madinah on Wednesday heralding the Custodian of the Two Holy Mosques Guests Program for Umrah this year. Minister of Islamic Affairs, Call and Guidance, General Supervisor of the Guests Program for Umrah Sheikh Saleh Al Alsheikh the program has...

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