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Saudi Finance Minister: No income taxes for Saudi citizens and residents - Al-Arabiya;

Saudi Finance Minister: No income taxes for Saudi citizens and residents - Al-Arabiya

Al-ArabiyaSaudi Finance Minister: No income taxes for Saudi citizens and residentsAl-ArabiyaSpeaking at a press conference in Riyadh on Thursday, Jadaan detailed the Saudi budget for 2017. (SPA). Staff writer, Al Arabiya English Thursday, 22 December 2016. Text size A A A. Saudi Finance Minister, Mohammad Jadaan, announced that – for the ...and more »

Saudis Up Oil Price Outlook, See Budget Deficit Shrink - OilPrice.com;

Saudis Up Oil Price Outlook, See Budget Deficit Shrink - OilPrice.com

OilPrice.comSaudis Up Oil Price Outlook, See Budget Deficit ShrinkOilPrice.comAfter suffering two record budgets shortfalls in 2015 and 2016 as a result of plunging oil prices, which nearly brought both Saudi Arabia's economy and banking sector to a standstill, not to mention the billions in unpaid state worker wages - at least ...and more »

Saudi Arabia presents most detailed budget in country's history - Irish Times;

Saudi Arabia presents most detailed budget in country's history - Irish Times

Irish TimesSaudi Arabia presents most detailed budget in country's historyIrish TimesSaudi Arabian officials have presented the most detailed budget in the country's history in an effort to convince citizens and investors that they are serious about a plan to repair the deficit and wean the economy off oil. Dozens of pages and slides ...and more »

Saudis enjoy fun activities amid snowfall - Al-Arabiya;

Saudis enjoy fun activities amid snowfall - Al-Arabiya

Al-ArabiyaSaudis enjoy fun activities amid snowfallAl-ArabiyaWhile one clip showed a man rolling the snow as if it is a carpet in the desert, other videos show group of people dancing, throwing snow balls at each other, running around trees bound by snow, and generally having fun and enjoying the snowfall in the ...and more »

Your App Isn't Helping The People Of Saudi Arabia - Deadspin;

Your App Isn't Helping The People Of Saudi Arabia - Deadspin

DeadspinYour App Isn't Helping The People Of Saudi ArabiaDeadspinOn March 15, 2002, 15 Saudi girls burned to death inside their school in Mecca. They were not trapped by fallen debris, or unaccounted for by firefighters. The mutaween, Saudi Arabia's religious police, would not allow the girls to leave their burning ...and more »

Saudis accelerating move to solar, developers says - gulfnews.com;

Saudis accelerating move to solar, developers says - gulfnews.com

gulfnews.comSaudis accelerating move to solar, developers saysgulfnews.comA Saudi man walks on a street past a field of solar panels in Saudi Arabia in this May 21, 2012 file photo. Image Credit: REUTERS. Solar dishes are seen behind the entrance sign of the King Abdulaziz city of Sciences and Technology, Al-OyeynImage ...and more »

Oil price will still dominate Saudi economy, experts say - gulfnews.com;

Oil price will still dominate Saudi economy, experts say - gulfnews.com

gulfnews.comOil price will still dominate Saudi economy, experts saygulfnews.comSaudi Finance Minister Mohammad Al-Jadaan (L) and Minister of Energy, Industrial and Mineral Resources Khalid Al-Falih (R) give a joint press conference to unveil the country's national budget for 2017 on December 22, 2016 in Riyadh. Published: 18:41 ...and more »

Saudi: No income taxes on citizens or foreigners - Middle East Monitor;

Saudi: No income taxes on citizens or foreigners - Middle East Monitor

Middle East MonitorSaudi: No income taxes on citizens or foreignersMiddle East MonitorSaudi Finance Minister Mohammed Al-Jadaan yesterday denied media reports claiming the kingdom intends “to impose new taxes on Saudi citizens, foreigners and Saudi companies”. The minister made his remarks during a press conference in Riyadh after ...and more »

Riyadh projects increased 2017 spending - Press TV;

Riyadh projects increased 2017 spending - Press TV

Press TVRiyadh projects increased 2017 spendingPress TVSaudi Arabia has projected an increased spending in its budget for 2017 but has slightly reduced its military budget. Saudi Arabia has projected an increased spending in its budget for 2017 but has slightly reduced its military budget. Based on ...and more »

The full details you need to know on Saudi budget 2017 - Al-Arabiya;

The full details you need to know on Saudi budget 2017 - Al-Arabiya

Al-ArabiyaThe full details you need to know on Saudi budget 2017Al-ArabiyaThe Saudi cabinet approved the state's general budget for the new fiscal year 2017 in its session under the chairmanship of King Salman. (Reuters). Staff writer, Al Arabiya English Thursday, 22 December 2016. Text size A A A. The Saudi cabinet approved ...and more »

Saudi Arabia: Gradual Modification of Energy Prices, No Income Taxes - Asharq Al-awsat English;

Saudi Arabia: Gradual Modification of Energy Prices, No Income Taxes - Asharq Al-awsat English

Asharq Al-awsat EnglishSaudi Arabia: Gradual Modification of Energy Prices, No Income TaxesAsharq Al-awsat EnglishRiyadh – Saudi Arabia has announced that there are no limits for what it's willing to spend for the sake of defending the country. “The kingdom will not determine the spending for the sake of defending the country — we took into consideration security ...and more »

Saudi finance minister says local bond issues likely to resume in Q1 - ArabianBusiness.com;

Saudi finance minister says local bond issues likely to resume in Q1 - ArabianBusiness.com

ArabianBusiness.comSaudi finance minister says local bond issues likely to resume in Q1ArabianBusiness.comSaudi Arabia expects to resume monthly domestic bond sales in the first quarter of 2017 but will ensure private sector borrowing is not crowded out or banking system liquidity strained, finance minister Mohammed al-Jadaan said on Thursday. Jadaan was ...and more »

Education, military spending take top spots in Saudi budget - Trade Arabia;

Education, military spending take top spots in Saudi budget - Trade Arabia

Trade ArabiaEducation, military spending take top spots in Saudi budgetTrade ArabiaEducation and military expenditures take the top two spots in Saudi Arabia's 2017 budget, which estimates a spending of SR890 billion ($237.3 billion), an 8 percent increase from 2016. Revenue is projected to reach SR692 billion ($184.5 billion) in ...and more »

What We Learned From Interviews With Four Top Saudi Officials - Bloomberg;

What We Learned From Interviews With Four Top Saudi Officials - Bloomberg

BloombergWhat We Learned From Interviews With Four Top Saudi OfficialsBloombergSaudi officials followed the kingdom's most detailed budget in recent history by briefings on key plans. Four top officials gave interviews to Bloomberg News in Riyadh. Here are some of the key comments: ...and more »

Saudis cut huge budget deficit, to loosen purse strings in 2017 - Zawya;

Saudis cut huge budget deficit, to loosen purse strings in 2017 - Zawya

ZawyaSaudis cut huge budget deficit, to loosen purse strings in 2017ZawyaRIYADH/DUBAI, Dec 22 (Reuters) - Saudi Arabia said on Thursday it had succeeded in cutting a huge state budget deficit caused by low oil prices and would increase government spending in 2017 to support flagging economic growth. The announcement ...and more »

Saudi Arabia to introduce monthly fee for expats - Mathrubhumi English;

Saudi Arabia to introduce monthly fee for expats - Mathrubhumi English

Mathrubhumi EnglishSaudi Arabia to introduce monthly fee for expatsMathrubhumi EnglishThe new rule will be applicable to foreign nationals working in the commercial sector till 2020. Published: Dec 23, 2016, 11:14 AM IST. T- T T+. സൗദിയില്‍ പ്രവാസികള്‍ക്ക് പ്രതിമാസ ഫീസ് ഏര്‍പ്പെടുത്തി. X. Riyadh: Saudi Arabia has ...and more »

Saudi finance minister: Local bond issues likely to resume in Q1 - Al-Arabiya;

Saudi finance minister: Local bond issues likely to resume in Q1 - Al-Arabiya

Al-ArabiyaSaudi finance minister: Local bond issues likely to resume in Q1Al-ArabiyaSaudi Finance Minister Mohammed Al-Jadaan shows documents during a press conference to unveil the country's national budget for 2017 on December 22, 2016 in Riyadh. (AFP). Reuters, Riyadh Friday, 23 December 2016. Text size A A A. Saudi Arabia ...and more »

Saudi Budget 2017: Shrinking deficit, raising expenditure - Al-Arabiya;

Saudi Budget 2017: Shrinking deficit, raising expenditure - Al-Arabiya

Al-ArabiyaSaudi Budget 2017: Shrinking deficit, raising expenditureAl-ArabiyaSaudi Arabia has announced today its general budget for the fiscal year 2017 that shows its gross domestic product (GDP) growth has risen by 1.4 percent to 2581 billion Saudi Riyals (SAR) or over $ 688 bn in 2016. The budget also indicates that this ...and more »

Saudi Use Of Solar Could Boost Its Oil Exports - OilPrice.com;

Saudi Use Of Solar Could Boost Its Oil Exports - OilPrice.com

OilPrice.comSaudi Use Of Solar Could Boost Its Oil ExportsOilPrice.comSaudi Arabia will turn to solar for electricity, which could allow it to export a lot more oil. The connection between solar and oil is not an obvious one since they typically do not compete against each other – oil is used to refine fuels for ...and more »

Riyadh speeds reforms alongside energy price rises - Financial Times;

Riyadh speeds reforms alongside energy price rises - Financial Times

Financial TimesRiyadh speeds reforms alongside energy price risesFinancial TimesSaudi Arabia will gradually link domestic energy prices to international benchmarks over the next few years as the kingdom seeks to deepen economic reform and balance its budget by the end of the decade. Sample the FT's top stories for a week. You ...and more »