The White House released a statement yesterday calling for the development of "a new United States-Saudi program" after the President hosted Deputy Crown Prince Mohammed bin Salman for a lunch meeting.
Over the weekend, Saudi Arabia's King Salman announced a series of major changes to key leadership positions, a new “national security center” for Saudi Arabia that is affiliated with the Royal Court, and more.
The National Project Management Office ("NPMO") is something you will hear a lot about in the coming years. Saudi Arabia has tasked U.S.-based Bechtel Corp to oversee its state infrastructure projects, known in Arabic as 'Mashroat'.
With the decision to suspend pay increases for public sector employees and slash Minister-level pay and benefits, Saudi Arabia’s government is sending a message that all Saudis will share in the sacrifice to rein in government spending and balance the budget.