Crown Prince Muhammad Bin Salman, deputy prime minister and minister of defense, is the first Saudi youth leader who has been gaining worldwide attention.
Charismatic, ambitious and bold, Prince Muhammad is known for taking fast-paced steps not only in politics and economic affairs, but also...
The King Salman Humanitarian Aid and Relief Center (KSRelief) has implemented 257 projects since its establishment in 2015, via 119 local and international partnerships, at a cost of more than $895 million, its general supervisor said on Saturday.
There have been 166 projects allocated to...
Saudi Arabia paid SR2 billion ($533 million) on Thursday in the first monthly installment of a new welfare system for low and middle-income families that make up approximately half of the Kingdom’s population.
The payments come ahead of the introduction of a 5 percent value-added tax on...
The first payment of the Citizen Account to the eligible Saudis will be released on Thursday.
The amount of the state subsidy depends on the family's income, size and the age of members.
According to the regulations, the payment of subsidy from the Citizen Account will continue...
Minister of Finance Mohammed Al-Jadaan said the State’s General Budget of the Fiscal Year 2018 is the biggest growth-oriented and integrated expenditure in the history of the Kingdom.
Addressing a press conference, he said the 2018 budget gives top priority to the services provided to...
Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, affirmed that improving the living standard of citizens is at the heart of the government’s efforts to diversify the economy and achieve financial stability through stimulus packages to the private sector and generating ...
Custodian of the Two Holy Mosques King Salman on Tuesday unveiled the general budget for the fiscal year of 2018 at the special Council of Ministers session at Al-Yamamah Palace in Riyadh.
The budget projects a historic spending of SR978 billion, an increase of 5.6 percent compared to the...
‘Protectors of the Nation: Sacrifice and Giving’ exhibition, recently opened its door to the public at Etihad Museum, an entity managed by Dubai Culture & Arts Authority (Dubai Culture), which will run for six months.
The exhibition highlights the efficiency and...
Custodian of the Two Holy Mosques King Salman received FIFA President Gianni Infantino at Al-Yamamah Palace in Riyadh on Sunday.
They reviewed the areas of cooperation between FIFA and General Sports Authority in the Kingdom.
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A “Green Card” for foreign investors is under study. If approved, it will be announced soon, Head of the Local Content and Private Sector Development Unit at the Council of Economic Affairs and Development, Advisor to the General Secretariat of the Council of Ministers, Fahad Al-Skeit...