Saudi Arabia on Thursday projected a 2017 budget deficit of $53 billion, a drop of almost half from a record shortfall reported last year after the world’s top oil exporter was hit by falling crude prices. According to a cabinet statement, next year’s budget projects spending of 890 billion riyals ...
A Saudi court gave Lebanese PM-designate Saad Hariri five days to implement a ruling. In a ruling published by al-Jazeera newspaper on Thursday, the Supreme Court in Riyadh gave Hariri five days to implement a ruling without clarifying the nature of this ruling. The court warned that if Hariri doesn’t ...
