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Jubeir at Misk Global Forum: Saudi Arabia Becomes Reference for Many Countries

Minister of State for Foreign Affairs, Cabinet's Member, and Climate Affairs Envoy Adel bin Ahmed Al-Jubeir stated that Saudi Arabia has become a global reference in terms of leadership, responsibility in the public and private sectors, citizen engagement, and international responsibility, SPA said Saturday. Al-Jubeir's remarks came during the Misk Global Forum 2023 held in Diriyah. Al-Jubeir commended Saudi Arabia’s uniqueness, attributed to its people, youth, and leadership, as well as its courage in pursuing ambitious goals across various fields. ....

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Saudi Arabia Registers in October Lowest Inflation Level in Two Years

Saudi Arabia was able to record the lowest level of inflation rate in nearly two years at 1.6 percent in October, on an annual basis - the same rate registered in February 2022. Moody’s on Wednesday raised its expectations for the growth of the Kingdom’s economy next year to 4.6 percent. The consumer price index in the Kingdom continues to decline for the fourth month in a row, recording 1.7 percent in September 2023, compared to the same period last year. ....

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President of Mozambique receives Saudi Minister of State for Foreign Affairs

President of Mozambique receives Saudi Minister of State for Foreign Affairs
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Zimbabwe Says Supports Saudi Arabia's Bids to Host Expo 2030, 2034 FIFA World Cup

The Minister of Foreign Affairs of Zimbabwe, Frederick Shava, confirmed his country's endorsement of Saudi Arabia's bids to host both Expo 2030 and the 2034 FIFA World Cup. The Zimbabwean minister also expressed his welcome for the upcoming inaugural Saudi-African Summit set to take place in Saudi Arabia in November. ....

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Saudi Arabia Fortifies Itself Against External Shocks with Proactive Measures in 2024 Budget

Saudi Arabia has taken proactive measures to boost the ability of its economy to face challenges and developments, and to ensure financial sustainability. This is reflected in the figures in the preliminary statement of the 2024 budget, through which the Kingdom is targeting revenues of SAR1.1 trillion ($312 billion), compared to expenditures of about SAR1.2 trillion ($333 billion), and a limited deficit of SAR79 billion ($21 billion), which represents 1.9 percent of the GDP. ....

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