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Saudi Arabia heads toward budget deficit despite predictions of surplus

The kingdom projects budget deficit of two percent of GDP this year and next as it continues to invest in non-oil economy

Ar riyaSaudi arabiaMazen al sudairiSaudi aramco

Saudi oil revenue for Q1 2023 calculated at $81 a barrel: Al Rajhi Capital

RIYADH: Saudi Arabia’s budgeted revenue for the first quarter of 2023 was “likely” revised to be based on the Brent price of $81 per barrel, according to a report issued by Al Rajhi Capital. The report stated that the previous budget estimates were based on oil prices at approximately $77 a barrel, which was reassessed following the decision of the Organization of the

Ar riyaSaudi arabiaMazen al sudairiOrganization of the petroleum exporting countriesPetroleum exporting countriesAl ahsaAl kharjKhalij timesGulf newsSaudi gazetteKing abdullahObs in saudiWork in saudi arabiaHajj عرب نيوز

King of Journalism premieres at Saudi Film Festival

DHAHRAN: The life of esteemed Saudi journalist Turki Al-Sudairi has been memorialized in “King of Journalism,” a documentary that premiered at the Saudi Film Festival at Ithra this week. Turki Al-Sudairi, a pioneer of journalism in the region, had a career that spanned decades and earned him widespread recognition. The documentary’s title, “King of Journalism,” is a nod to the

Saudi arabiaAsh sharqiyahAl jawfAr riyaTurki al sudairiHassan saeedAli saeedKing abdullahMazen al sudairiSaudi film festivalArab newsAl ahsaAl kharjKhalij timesGulf newsSaudi gazette

Saudi Arabia expects narrower 2023 surplus as uncertainty clouds oil outlook | Hellenic Shipping News Worldwide

Saudi Arabia expects narrower 2023 surplus as uncertainty clouds oil outlook | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Saudi arabiaMazen al sudairiMohammed al jadaanMonica malikInternational monetary fundSaudi central bankPublic investment fundPrince mohammedMinister mohammedSaudi owned al arabiya

Ministry of Industry works to rectify supply and demand gaps in Saudi cement sector

RIYADH: Saudi Arabia’s cement sector is suffering declines in revenue and high production input costs, as well as a substantial gap between supply and demand, according to the Head of the National Cement Committee Badr Johar. Despite upheaval faced by the sector, its market value stands at SR50 billion ($13 billion), and it continues to contribute significantly to the

Saudi arabiaAr riyaOmar hatoumMazen al sudairiKhalid al mudaiferMinistry of industryRed sea development coNational cement committee badrMineral resourcesRed sea projectArab newsAl ahsaAl kharjKhalij timesGulf newsSaudi gazette

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