Government | Friday 8 December, 2023 8:50 am

Education Minister: 90 projects operational in 2023; 125 insolvent projects addressed

More than 90 educational service projects became operational in 2023, while 707 schools Kingdom-wide were rehabilitated in cooperation with the Ministry of Finance, Saudi Arabia’s Minister of Education Yousef Al Benyan said.   The ministry addressed over 125 insolvent projects to...

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Government | Friday 8 December, 2023 8:49 am

Saudi Arabia develops program to address water supply, demand until 2050: Minister

The Ministry of Environment, Water and Agriculture (MEWA) finalized setting the Kingdom’s water strategy, determining its water conservation needs to improve services and ensure their sustainability, Minister Abdulrahman AlFadley stated.    At Budget...

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Business & Money | Friday 8 December, 2023 8:36 am

2024 budget boosts Saudi economic growth: Al-Sayari

Saudi Arabia’s budget for 2024 aims to boost the Kingdom’s economic growth and development, Ayman Alsayari, Governor of the Saudi Central Bank (SAMA), said. The Saudi economy proved to be highly resilient to face all global challenges, Alsayari added, pointing to the sound...

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Business & Money | Friday 8 December, 2023 8:30 am

Minister of Transport says 27 shipping lines added in 2023

Saudi Arabia added 27 new shipping lines in 2023, leading to faster arrival of goods, higher revenues, and improved shipping rates, Minister of Transport and Logistics Saleh Al-Jasser said at the 2024 Budget Forum.   The country is on the right track regarding the national strategy...

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Environment & Energy | Friday 8 December, 2023 8:26 am

Saudi Arabia, Russia agrees to boost cooperation in oil, petchem

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud held an official meeting with Russian President Vladimir Putin during the latter’s visit to the Kingdom, where they discussed historical and strategic relations between both countries and means of development in all...

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Business & Money | Friday 8 December, 2023 8:16 am

Ministry of Housing aims to raise home ownership by 1% annually

Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail said that the ministry is working to increase the home ownership rate by 1% annually since 2020, by adding more than 100,000 residential units every year.   Speaking during the 2024 Budget Forum, the minister...

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Government | Friday 8 December, 2023 8:14 am

Crown Prince launches urban plan, branding of Qiddiya city

Crown Prince Mohammad bin Salman, Prime Minister and Chairman of the board of directors of the Qiddiya Investment Co. (QIC) launched the urban design for the city of Qiddiya and Qiddiya’s brand, Saudi Press Agency reported. Qiddiya city will become, in the near future, the foremost global...

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Business & Money | Friday 8 December, 2023 8:03 am

Mining sector targets economic goals, not financial: Alkhorayef

Minister of Industry and Mineral Resources Bandar Alkhorayef said the ministry’s goal in the mining sector is an economic and not a financial one, adding that the Kingdom has become one of the world’s key countries in terms of mining sector...

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Business & Money | Friday 8 December, 2023 8:01 am

Vision 2030 propels economic diversification: Alibrahim

Vision 2030 created a fertile and conducive environment, turning economic diversification from a mere plan into a certainty, Faisal Alibrahim, Minister of Economy and Planning, said.   National capabilities have now become a long-term priority, he added, during the dialogue session...

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Government | Friday 8 December, 2023 6:32 am

80% of HRSD ministry services digital; Crown Prince raised female participation target to 40%

Ministry of Human Resources and Social Development (HRSD) provides 1,000 automated digital services, or 80% of all the ministry’s 1,300 services, Minister Ahmed Al-Rajhi said in the Saudi Budget 2023 Forum.   The digital transformation journey began four years ago, aiming to make...

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