Saudi Arabia's deputy crown prince Mohammed bin Salman, who is chair of the Council of Economic Development Authority (CEDA) and minister of defense presented the long-awaited 'Vision 2030' framework of new policies to be pursued by the Saudi government.
Saudi Arabia's has launched the 'Saudi Arabia 2030' National Transformation Plan (sometimes referred to as 'Vision 2030') today with a video announcement on Twitter and the first video interview with Deputy Crown Prince Mohammed bin Salman given to the news channel Al Arabiya.
President Obama arrives tomorrow (Wednesday) in Riyadh for meetings with King Salman and other top Saudi government leaders, and to attend a GCC summit meeting.
CIT’s Secretary General Omar Bahlaiwa has been appointed Acting Secretary General of the Council of Saudi Chambers, succeeding Khalid Al-Otaibi. The position took effect on April 10th.
Last night's report by CBS's 60 Minutes with correspondent Steve Kroft examined the controversy regarding 28 pages of the 2002 U.S. House/Senate Intelligence Report on the 9/11 Attacks.
Saudi Arabia is considering setting up a ‘green card’ system, similar to that used in the US, as part of plans to raise $100 billion of revenues annually by 2020.
The Deputy Crown Prince's interview in Riyadh was 5 hours long and went until 4 in the morning. He discussed plans to privatize a small percentage of Saudi Aramco and expand and re-task the country's Public Investment Fund.
Central bank data released on Monday shows Saudi consumers withdrew and spent less money in February and a key money supply metric “shrank for the first time since at least 2000,” according to Bloomberg and Reuters.
