Budget confirms growing, robust Saudi economy: KAU president

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Updated 02 January 2013

Budget confirms growing, robust Saudi economy: KAU president

The government's expansionary national budget confirms that the Saudi economy is solid and continues to grow, according to Professor Osama S. Tayyeb, President of King Abdulaziz University (KAU) in Jeddah.
In an exclusive statement to Arab News on Tuesday, the top academic added that the country's prudent fiscal policies, under the astute leadership of Custodian of Two Holy Mosques King Abdullah, has helped it to withstand the shocks of the recent global financial crisis.
Tayyeb said that the Kingdom’s economic boom, stability and security can be attributed to sensible policies based on Islam. He said government was constantly working to improve the country’s infrastructure to meet the needs of the Saudi population.
Tayyeb said that the government has allocated over SR 5 billion to King Abdulaziz University (KAU). The funds will be used to develop the educational process as a whole, increase the student intake, improve the learning environment and expand community services.
He thanked King Abdullah and Crown Prince Salman bin Abdulaziz for their commitment to education and development in the country.


Saudi envoy receives Libyan ambassador to the UN

Updated 18 January 2020

Saudi envoy receives Libyan ambassador to the UN

NEW YORK: Abdallah Al-Mouallimi, Saudi Arabia’s permanent representative to the UN, held talks in New York with Taher El-Sonni, Libya’s UN ambassador and permanent representative. 

The two sides discussed issues of mutual concern and latest political developments in the region. 

Al-Mouallimi congratulated El-Sonni for his new apppointment and conveyed the Saudi leadership’s best wishes for prosperity, stability and progress to the Libyan people. 

Al-Mouallimi reiterated Saudi Arabia’s rejection of any foreign interference in the Libyan affairs, adding that Riyadh will continue to push all concerned parties to reach a political solution that guarantees the unity of Libya and saves
people’s lives.