King Salman conferred Brunei’s highest honor

Sultan Hassanal Bolkiah conferred Brunei’s highest honor, the Royal Family Order for Brunei’s Throne, on King Salman, on Saturday. (SPA)
Updated 05 March 2017
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King Salman conferred Brunei’s highest honor

RIYADH: King Salman was conferred Brunei’s highest honor, the Royal Family Order for Brunei’s Throne, on Saturday.
Sultan Hassanal Bolkiah of Brunei presented the award to the Saudi king after the two leaders met in Brunei and discussed a range of bilateral, regional and international issues.
The Brunei honor was conferred in recognition of the king's efforts to restore peace and security regionally and internationally, and his government’s management of The Two Holy Mosques in Makkah and Madinah.
A joint statement said the two leaders “stressed the importance of reaching a lasting, comprehensive and just solution to the Palestinian cause in accordance with the contents of the Arab Peace Initiative and the relevant resolutions of the international legitimacy.”
On the Syrian crisis, the two leaders underscored the importance of finding a political solution based on the Geneva communique and UN Security Council Resolution 2254, as well as the importance of providing humanitarian and relief assistance to Syria’s displaced people and refugees.
King Salman and Sultan Bolkiah also “stressed the importance of preserving the unity in Yemen and achieving its security and stability. They also confirmed the importance of a political solution to the crisis in Yemen based on the GCC (Gulf Cooperation Council) Initiative, outputs of the National Dialogue Conference and the UN Security Council Resolution (2216), emphasizing their support for the legitimate authority in Yemen as well as access of the humanitarian aid to all Yemeni regions,” said the statement.
The two leaders agreed to coordinate their stances within the framework of the Organization of Islamic Cooperation to serve the interests of the two countries and citizens, as well as the interests of the Islamic world. They also emphasized “the need to reject extremism and combat terrorism in all its forms and manifestations, whatever its source.”
The sultan expressed his appreciation to King Salman: “This important and historic visit reflects the continuous fraternal, friendly and bilateral relations binding the two brotherly countries,” said the statement.
The two leaders agreed to “activate” a bilateral agreement in the fields of economy, investment, education, culture, youth and sports. They also highlighted the importance of strengthening bilateral cooperation in political, military, security and Islamic affairs.
In 2001, the first Saudi ambassador was appointed in Brunei, and a draft joint agreement between the two countries was signed in July that year, which defined the scope of bilateral cooperation in commercial and economic fields.


Finance officials meet to map out Saudi Arabia’s budget plans

Updated 27 min 29 sec ago
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Finance officials meet to map out Saudi Arabia’s budget plans

  • Finance representatives of 150 government bodies meet for the Budget Forum 2020

RIYADH: Saudi finance chiefs have kicked off a major conference in the capital aimed at mapping out the Kingdom’s budget requirements.
Around 300 specialists representing 150 government bodies met at the InterContinental hotel in Riyadh for the Budget Forum 2020.
Minister of Finance Mohammed Al-Jadaan welcomed delegates to the second edition of the gathering organized by the Saudi Finance Ministry under the slogan “Partnership and Empowerment.”
Al-Jadaan said the ministry was focused on “partnership and commitment,” and sought to share the challenge of developing an effective budget to achieve the Kingdom’s ambitious goals.
“We are also committed to empowering financial leaderships to learn about the ministry’s programs and projects and provide training and qualification opportunities to the best international standards,” he added.
The finance chief said the budget planning process required the collaboration of multiple authorities and a clear strategy based on transparency. 
Items up for discussion at the forum included financial planning in governmental bodies, automation, and the promotion of revenues and efficient spending.
Finance Ministry steering committee chairman, Abdul Aziz bin Saleh Al-Freih, stressed the importance of the forum in getting the ball rolling at an early stage on formulating a general state budget.
Workshops were held on the sidelines of the conference focused on empowering government organizations, and a training program on financial planning and income estimations was also staged.