Saudi diplomat receives outgoing Austrian ambassador

Dr. Nizar Madani, minister of state for foreign affairs, receives Gregor Koessler, outgoing Austrian ambassador to Saudi Arabia. (SPA)
Updated 21 December 2018
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Saudi diplomat receives outgoing Austrian ambassador

  • Madani expressed his appreciation for Koessler’s efforts to strengthen Austria’s relations with the Kingdom

RIYADH: Dr. Nizar Madani, minister of state for Foreign Affairs, received Gregor Koessler, outgoing Austrian ambassador to Saudi Arabia, on Thursday and wished him future success in his career. 

Madani expressed his appreciation for the efforts made by the ambassador to strengthen Austria’s relations and bilateral cooperation with Saudi Arabia.

During a recent meeting in Riyadh, Koessler called on Austrian companies to ensure their “local presence” in Saudi Arabia for intensive contacts and for doing business

The networking lunch in April was attended by several Saudi businessmen and members of the Austrian business mission.

“The new Austrian government is business-friendly, and hence more cooperation and collaboration in various sectors are expected,” said Ambassador Koessler.

The companies in the mission were specialized in medical technologies, energy and solar energy, railway, air conditioning, engineering services, transport, data management systems, electromechanical equipment and water treatment.


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

Updated 19 April 2019
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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.