Government | Thursday 3 November, 2016 5:46 am

Dubai Sponsors USD 3bn Airports Finance Deal

Dubai's two international airports are set for a capacity-boosting, capex-fueled expansion that will enable them to serve up to 146m passengers by 2025, due in large part to a proposed initial USD 3bn financing transaction announced today by its...

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Government | Thursday 3 November, 2016 3:13 am

King Salman given Auditing Bureau report

Custodian of the Two Holy Mosques King Salman received Wednesday a copy of the 56th annual report of the General Auditing Bureau for the Hijri year 1436/1437.  The report includes leading financial results of the audits and performance controls carried out by the bureau, as well as...

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Government | Wednesday 2 November, 2016 4:02 am

Confidence in economic vision, says new minister

Saudi Arabia’s newly-appointed Finance Minister Mohammed Al-Jadaan said on Tuesday that he had great confidence in the Kingdom’s economic vision despite all the challenges it faces. “My confidence in God is great, and then the guardian (the King), at this blessed state’s...

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Government | Tuesday 1 November, 2016 1:43 am

Al-Jadaan replaces Assaf as finance minister

Mohammed Al-Jadaan, chairman of the board of the Capital Market Authority (CMA), is the new minister of finance. He replaces Ibrahim Al-Assaf, who has been relieved of his duty, according to the royal decree issued on Monday by Custodian of the Two Holy Mosques King Salman. Assaf has been appointed ...

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Government | Thursday 27 October, 2016 3:01 am

King receives IMF Managing Director

Custodian of the Two Holy Mosques King Salman received at Yamamah Palace in Riyadh on Wednesday Managing Director of International Monetary Fund (IMF) Christine Lagarde. They reviewed cooperation between the Kingdom and the International Monetary Fund, as well as economic developments at the...

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Government | Wednesday 26 October, 2016 2:50 am

Vision 2030: ‘Creating future leaders in classroom crucial’

Providing high quality education that can effectively meet the needs of the labor market is central to fulfilling the Saudi Vision 2030, Minister of Education Dr. Ahmed Al-Issa told key education stakeholders here on Tuesday. Addressing the opening ceremony of the International Baccalaureate...

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Government | Wednesday 26 October, 2016 2:44 am

King Salman: Saudi Arabia living a historic transformation through Vision 2030

Custodian of the Two Holy Mosques King Salman stressed that Saudi Arabia is living a historic shift through its 2030 Vision which includes programs and initiatives for national shift to build a strong and solid economy depending on enhancing competitiveness and diversification of pillars of...

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Government | Tuesday 25 October, 2016 4:49 am

King Salman condoles Qatar on loss of former ruler

Custodian of the Two Holy Mosques King Salman visited Doha on Monday to offer his condolence after the death of Qatar’s former ruler Sheikh Khalifa bin Hamad Al-Thani. King Salman was received by Emir of Qatar Tamim bin Hamad Al Thani and Sheikh Hamad bin Khalifa Al Thani. The king was...

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Government | Saturday 22 October, 2016 3:20 am

Saudi Arabia, UAE review mechanism to ensure GCC stability

Custodian of the Two Holy Mosques King Salman received on Friday Sheikh Mohammed bin Zayed Al-Nahyan, crown prince of Abu Dhabi and deputy supreme commander of the UAE Armed Forces, at Al-Auja Palace in Riyadh, and discussed with him bilateral ties as well as the latest regional and international...

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Government | Tuesday 18 October, 2016 6:28 am

Emir of Makkah washes the Kaaba

On behalf of Custodian of the Two Holy Mosques King Salman, Emir of Makkah Prince Khaled Al-Faisal washed the Holy Kaaba with Zamzam and rose water on Monday. The Emir was received at the Grand Mosque by Sheikh Abdul Rahman Al-Sudais, chief of the Presidency for the Affairs of the Two Holy Mosques, ...

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