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Saudi Arabia expects deficit of 2.9% of GDP
Saudi Arabia expects 2024 deficit to widen to 3% of GDP
Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3% of GDP, according to a government statement on Monday, as it increases spending to boost growth and meet the objectives of its Vision 2030 economic transformation plan.
Oil-rich Saudi Projects Budget Deficit Through 2027
The Arab world's biggest economy Saudi Arabia announced Monday it anticipates a budget deficit of 2.3 percent of GDP in 2025, projected to continue over the following two years.
Saudi Arabia expects larger budget deficits on Vision 2030 spending boost
Saudi Arabia expects its budget deficit to widen this year and next as the Arab world's largest economy boosts spending to finance its economic diversification agenda under the Vision 2030 plan. The kingdom's deficit will reach 118 billion Saudi riyals ($31.
The Times of Israel on MSN
2h
Ending embargo, Saudi Arabia to send $60 million to Palestinian Authority – report
In apparent warming of ties, kingdom to give funds to cash-strapped Ramallah in four monthly payments, in arrangement struck ...
Zawya
15m
Swissport welcomes new CEO for Saudi Arabia
Hamad Alhemede has been appointed new CEO of Swissport Saudi Arabia, and will take over his duties on 1 October 2024.
The News International
2h
Eight people flying to Saudi Arabia, Azerbaijan arrested by FIA at Karachi airport
KARACHI: At least eight passengers attempting to travel to Saudi Arabia and Azerbaijan via separate flights from Karachi were ...
الشرق الأوسط
4h
Saudi Arabia Launches Tech Talent Hub Initiative to Boost Digital Economy Growth
The Saudi Ministry of Communications and Information Technology has launched the Tech Talent Hub initiative in collaboration ...
Zawya
3h
Saudi Arabia, Kuwait sign MoU to step up cultural ties
The MOU focusses on exchange of knowhow over the organization of all cultural initiatives, with the objective of propelling ...
Construction Week Online
4h
Saudi Arabia: Hyatt set to open 2 hotels in NEOM’s Jaumur
The two hotels, Park Hyatt Jaumur and Andaz Jaumur Marina, are slated to open in 2027. Saudi Arabia: Hyatt set to open 2 ...
Crude Oil Prices
9h
Rumors of New Saudi Oil Price Target Are Warning to OPEC Cut Violators
Last week, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel ...
Dark Reading
3h
UAE, Saudi Arabia Become Plum Cyberattack Targets
Hacktivism-related DDoS attacks have risen 70% in the region, most often targeting the public sector, while stolen data and ...
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