Endurance race winners crowned at Al-Ula

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The event was attended by UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al-Maktoum, Dubai Crown Prince Sheikh Hamdan bin Mohammed Al-Maktoum and Saudi Minister of Culture Prince Badr bin Abdullah. (SPA)
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The event was attended by UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al-Maktoum, Dubai Crown Prince Sheikh Hamdan bin Mohammed Al-Maktoum and Saudi Minister of Culture Prince Badr bin Abdullah. (SPA)
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The race was organized by the Saudi Equestrian Federation and the UAE Equestrian and Racing Federation. (SPA)
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The event was attended by UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al-Maktoum, Dubai Crown Prince Sheikh Hamdan bin Mohammed Al-Maktoum and Saudi Minister of Culture Prince Badr bin Abdullah. (SPA)
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The event was attended by UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al-Maktoum, Dubai Crown Prince Sheikh Hamdan bin Mohammed Al-Maktoum and Saudi Minister of Culture Prince Badr bin Abdullah. (SPA)
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Dubai Ruler Sheikh Mohammed bin Rashid with Sheikh Hamdan bin Mohammed in Al-Ula. (Social media photo)
Updated 03 February 2019
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Endurance race winners crowned at Al-Ula

  • The total prize value for the race was SR15 million ($4 million)
  • The race was organized by the Saudi Equestrian Federation and the UAE Equestrian and Racing Federation

JEDDAH: Madinah Gov. Prince Faisal bin Salman on Saturday crowned the winners of the Custodian of the Two Holy Mosques Endurance Cup.
The ​120km race took eight hours to complete and brought together 100 riders from a dozen countries including Saudi Arabia, the UAE and Bahrain.
It was part of the Winter at Tantora festival held in Al-Ula, which is 300 km north of Madinah.
The Royal Commission for Al-Ula hailed the race as the biggest in the world in terms of endurance, and said it wanted to promote the city as a tourist destination for art, culture, heritage, nature and sport.
The race was organized by the Saudi Equestrian Federation and the UAE Equestrian and Racing Federation. It was recognized by the International Federation for Equestrian Sports.
The total prize value for the race was SR15 million ($4 million).
In first place was Salem Hamad Al-Kitbi from the M7 team of Sheikh Mohammed bin Rashid Al-Maktoum.
In second place was Abdullah Ghanim Al-Marri from the F3 team of Sheikh Hamdan bin Mohammed Al-Maktoum and, in third place, was Saif Ahmed Al-Mazrouei from the MRM team of Sheikh Mohammed bin Rashid Al-Maktoum.

Reward
The winner received a cash prize of SR900,000 and a Range Rover.
The runners-up received a cash prize of SR650,000 and a Jaguar F-Pace each.
Those placing fourth to 10th were rewarded with SR400,000 each, while 11th to 100th place holders received SR100,000 each.
Sheikh Nasser bin Hamad Al-Khalifa took part in the race, leading the riders of the Bahraini royal team.
The event was attended by UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al-Maktoum, Dubai Crown Prince Sheikh Hamdan bin Mohammed Al-Maktoum and Saudi Minister of Culture Prince Badr bin Abdullah. Winter at Tantora ends Feb. 9.


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.