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Saudi Arabia’s 2024 budget set to aid the Kingdom’s successful trajectory, says finance minister

  • RIYADH: Saudi Arabia’s 2024 budget is set to sustain the Kingdom’s economic positive momentum, with an emphasis on strategic spending on capital projects aligned with approved national strategies, according to the Minister of Finance. In a statement following the 2024 budget approva...
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Crown prince affirms government’s commitment to enhance economic growth

  • RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman affirmed the government’s commitment to enhance economic growth through the expansion of government spending as reflected in budget 2024 on Wednesday, the Saudi Press Agency reported. He said the budget announced by King Salman will help...
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CBUAE and Bank Indonesia ink deal to expand joint cooperation

  • RIYADH: The central banks of the UAE and Indonesia have inked a comprehensive deal which will intensify collaboration across key areas such as monetary and macro-prudential policy, financial stability, and payment systems.  The signed memorandum of understanding between the Cen...
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Saudi environment ministry initiates programs to propel agricultural sector growth

  • RIYADH: Several initiatives are underway in Saudi Arabia by the Ministry of Environment, Water, and Agriculture to drive the growth of the agricultural sector and bolster its contribution to the gross domestic product through strategic training and investment incentives.  Among these eff...
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Tamer Ruggli’s ‘Back to Alexandria’ starring Nadine Labaki dives into complex mother-daughter relationship

  • DUBAI: Jeddah’s Red Sea International Film Festival has attracted a slew of major titles for cinemagoers to watch before it wraps up on Dec. 9 and one of its most anticipated movies is Swiss-Egyptian director Tamer Ruggli’s debut feature, “Back to Alexandria.” Starring veteran actors Nadine L...
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ADB approves $659 million to reconstruct flood-hit schools, improve Pakistan’s agricultural productivity

  • KARACHI: The Asian Development Bank (ADB) on Wednesday announced its decision to approve $659 million of financing to carry out development projects like rehabilitating schools damaged by the devastating August 2022 floods and enhancing agricultural productivity to improve food security in Paki...
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Saudi-French Parliamentary Friendship Committee members discuss enhanced cooperation

  • RIYADH: The Shoura Council’s Saudi-French Parliamentary Friendship Committee met a delegation led by Amelia Lakrafi, the chairperson of the counterpart committee in the French parliament, in Riyadh. During the meeting, which was led by Ayman bin Saleh Fadhel, the chair of the Saudi committee,...
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Saudi Arabia, UK discuss boosting educational partnership

  • RIYADH: Saudi Arabia’s Minister of Education Yousef Al-Benyan has participated in roundtable meetings involving representatives from the Kingdom and British universities, the Saudi Press Agency said on Tuesday. A meeting was held at the ministry’s headquarters in Riyadh in the presence of the...
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Saudi Arabia, Qatar ‘deepen and expand’ economic, security ties

  • RIYADH: Saudi Arabia and Qatar are working to “deepen and expand” their economic, military, sports and cultural ties, according to a statement issued on Tuesday. The statement comes in the wake of the Saudi-Qatari Coordination Council meeting attended by Crown Prince Mohammed bin Salman and S...
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Saudi Arabia’s real estate supply reservations more than double

  • RIYADH: Citizens in Saudi Arabia are gaining greater access to residential units as the real estate supply reservations surged 110 percent year on year in November to reach 12,503, according to new figures.     The Kingdom’s National Housing Co. announced that residential u...
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