2019 BUDGET

Saudi Arabia Plans to Increase State Spending by More than 7 Percent in 2019

Saudi Kingdom Tower Top Economy Riyadh
Saudi Arabia plans to increase state spending by more than 7 percent in 2019, according to a budget released by the Finance Ministry on Tuesday.

Saudi Arabia

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2019 Budget

Saudi Arabia’s 2019 budget announces higher spending

The budget will boost spending even as Saudi Arabia endeavors to close its budget deficit, indicating Riyadh’s priority to spur growth in an economy hurt ...

 

Saudi-India

Saudi Oil Minister Discusses Further Cooperation With World’s Largest Refiner

Reliance Industries’ two refineries in western India have a total crude processing capacity of 1.4 million bpd. The Indian company, majority owned by billionaire Mukesh ...

 

Saudi-Canada

General Dynamics warns Canada: Canceling Saudi deal would cost billions

General Dynamics Corp (GD.N) on Monday put pressure on Ottawa over the sale of armored vehicles to Saudi Arabia, warning that the federal government would ...

 

Saudi Nuclear Energy

Lawmakers Want a Greater Say as U.S. Seeks a Saudi Nuclear Deal

The Trump administration’s push to sell civilian nuclear technology to Saudi Arabia is emerging as the next battleground in the struggle between the White House ...

 

Technology

Saudi Aramco, Saudi Information Technology Company to form venture to invest in tech sector

Saudi Aramco and the Saudi Information Technology Company signed an agreement to set up a joint venture firm that will develop a platform to invest ...

 

Digitalization

Utilities digitization powers growth of KSA’s largest industrial cities

As the Saudi Arabian utility sector undergoes digital transformation to optimize its operations, modernize its infrastructure, and reshape offerings, all aligned with Saudi Vision 2030, ...

 

Ad Diriyah Gate Development Authority

Ad Diriyah a ‘jewel’ of Saudi Arabia, its revival key to Kingdom’s future, says project chief

Everything that will be built around the historical site will be made of mud and in keeping with the architecture of Saudi Arabia’s central Najd ...

 

Twitter

Twitter warns of ‘unusual activity’ from China and Saudi Arabia

The bug - discovered on 15 November and fixed the day after - could have revealed the country code of users' phone numbers or if ...

 

Hill

Hill International to create new jobs amid major Saudi push

“In the Middle East, the main centre of gravity or critical mass is Saudi Arabia, by virtue of all of the megaprojects that are coming ...

 

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Regional and related topics

War in Yemen

Yemen: fighting dies down in Hodeidah as ceasefire starts

Yemen’s warring parties are observing the first day of a UN-negotiated ceasefire in the key port city of Hodeidah, opening the way for monitors to ...

 

Cyber Attacks

Kaspersky Lab: Malware Attacks On The Rise In Middle East And Africa

Research by Kaspersky Lab shows that cyber-attacks against institutions providing financial services have increased significantly in 2018. According to its statistics, malware attacks against financial ...

 

Oil Industry

Oil companies are making more big finds

The consultancy Rystad Energy said in a note Monday that discoveries this year will total an estimated 9.4 billion barrels of oil-equivalent. It's the biggest ...

 

Egypt

China’s $20 Billion New Egypt Capital Project Talks Fall Through

Talks between Egypt and Chinese builder CFLD for a $20 billion development in the new administrative capital have fallen through over disagreements on how to ...

 

Pistachio Wars

Californian Famers Waged ‘War’ on Iranian Pistachios and Won

The idea that pistachio farmers can rise to the political and business elite will not surprise Iranians. Asadollah Asgaroladi, one of Iran’s richest men, built ...

 

Migrants

Revisiting the Most- and Least-Accepting Countries for Migrants

The index is based on three questions that Gallup asked in 138 countries in 2016 and in the U.S. and Canada in 2017. The questions ...

 

Trump Foreign Policy

Perspective: The World in 2019: Trump’s Luck, Cold Wars, and Trouble in the Americas

By this point in his presidency, George H. W. Bush was preparing for battle with Iraq, Bill Clinton had begun bombing Serb targets in the former Yugoslavia, George W. ...

 

Kuwait

Kuwait Oil Minister Bakheet Al-Rashidi’s Resignation Accepted

Kuwaiti Oil Minister Bakheet Al-Rashidi and two top executives of state-owned energy companies resigned amid persistent internal disputes that have been delaying projects in OPEC’s ...

 

Lebanon

Commentary: Lower Your Expectations

Last May Lebanon held parliamentary elections, but since then the prime minister-designate, Saad al-Hariri, has been unable to form a government. At a time when ...

 

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