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

On 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 »

Historic Saudi Budget Shows Effort to Win Support for Change - Bloomberg

Saudi officials presented the most detailed budget in the country's history in an effort to convince citizens and investors that they're serious about a plan to repair the deficit and wean the economy off oil. Dozens of pages and slides presented in an ...and more »

Saudi Arabia's national debt has exploded since the oil crash - Business Insider

Saudi Arabia's national debt ballooned during the two years of lower oil prices. The kingdom's national debt rose to 316.5 billion riyals in 2016 (about 12.3% of the projected GDP in fixed prices for 2016), up from 142.0 billion in 2015, according the ...and more »

Egypt-Gulf relations tested by Saudi visit to Ethiopia dam - Middle East Eye

Egyptian media lashed out at Saudi Arabia over a high-level Saudi delegation visit to the Grand Ethiopian Renaissance Dam (GERD) during a short trip to Ethiopia on Friday. Experts said the decision to visit the GERD was an act of revenge against Egypt ...and more »

Saudi Arabia: New Budget Kickstarts Vision 2030 - STRATFOR

Saudi King Salman approved the 2017 national budget Dec. 22 in a special meeting of the Cabinet. After spending just 825 billion riyals ($220 billion) in 2016, Saudi Arabia plans to boost spending by 8 percent next year to 890 billion riyals. Even with ...and more »

Cash-transfer program for low-income Saudi citizens - Al-Arabiya

The Kingdom is expected to unveil a budget that will boost spending to support economic growth. (AFP). Saudi Gazette, Riyadh Thursday, 22 December 2016. Text size A A A. The Kingdom plans to start a cash-transfer program to help low- and ...and more »

Saudi Arabia Plans Payouts to Offset Subsidy Cuts in 2017 - Bloomberg

Saudi Arabia is weighing plans to raise retail fuel prices again next year and will start a cash-transfer program to compensate all but the wealthiest for cuts in universal subsidies as it pursues an unprecedented plan to overhaul the economy. The ...and more »

Canada Admits Weapons Sold to Riyadh May Have Been Used In Yemen - Sputnik International

The Canadian government has admitted that weapons it sold to Saudi Arabia were used in Riyadh's invasion of Yemen, even while denouncing the conflict publicly. Ottawa is being sued by Daniel Turp, a Universite de Montreal professor, alleging that ...and more »

Saudi Arabia Considers Rise in Retail Fuel Prices in 2017 - Bloomberg Australia-NZ

Saudi Arabia is considering increasing retail gasoline and diesel prices in 2017 for the second year in a row, as the world's top crude exporter pursues a plan to cut its dependence on oil revenue, according to a person familiar with the matter. The ...and more »

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

Speaking 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 »