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× This aerial picture shows streets partly deserted in Jakarta on July 3, 2021, as Indonesia imposed a partial lockdown in the capital due to the COVID-19 coronavirus Delta variant. (Photo by BAY ISMOYO / AFP) 1/4 First responders observe a landslide caused by heavy rains in Zushi, Kanagawa prefecture, west of Tokyo on Saturday, July 3, 2021.(Kyodo News via AP) 2/4 A woman walks her dog in Southbank during the last few hours of a lockdown in Brisbane, Australia, 03 July 2021. EPA/DAN PELED 3/4 A tagged and collared bear scavenges for food near Glacier Point in Yosemite National Park, California, US, July 2, 2021. REUTERS/Tracy Barbutes 4/4 This aerial picture shows streets partly deserted in Jakarta on July 3, 2021, as Indonesia imposed a partial lockdown in the capital due to the COVID-19 coronavirus Delta variant. (Photo by BAY ISMOYO / AFP) ....
Saudi Arabia's PIF makes further appointments to investments division pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.
Vision 2030 creating an inclusive Saudi identity Hassan Al-Mustafa Crown Prince Mohammed bin Salman is interviewed by Saudi journalist Abdullah Al-Mudaifer. (Screengrab Al-Arabiya) Short Url https://arab.news/gbupw During his interview with Saudi journalist Abdullah Al-Mudaifer that was broadcast last week, Crown Prince Mohammed bin Salman said: “When we commit ourselves to a certain school or scholar, this means that we are deifying human beings. God Almighty did not put a barrier between Himself and people. He revealed the Qur’an and the Prophet (peace be upon him) implemented it and the space for interpretation is open permanently.” These words define the crown prince’s view toward the concept of moderation and the religious discourse he wants to establish a discourse based on “sectarian pluralism” and respect for diverse Islamic communities. ....
To the outside world, Saudi Arabia has long been seen as a country of largesse, a kingdom gifted with vast oil wealth, where thousands of princes live in opulence, a place that the world’s biggest banks and struggling nations turn to in their hours of financial need. But beneath that veneer lies another reality: one of a country getting deeper and deeper into debt. Since 2015, when a collapse in oil prices forced it to borrow money to balance the books, Saudi has borrowed more than US$200bn – either directly from banks or on the global bond markets. Simply put, the kingdom is living beyond its means. Despite big cuts to government handouts, oil sales are no longer enough to balance the budget. It’s a problem that’s set to worsen in coming years as Saudi embarks on a massive – and hugely expensive – overhaul of its oil-dependent economy. ....