Saudi Arabia on Tuesday announced its 2019 budget projecting a $35 billion shortfall, amounting to a deficit for the sixth year in a row due to low oil prices. The budget foresees spending at $295 billion, the largest in the oil-rich kingdom’s history, while revenues, mostly from oil, are estimated ...
After President Michel Aoun announced his initiative to end the governmental deadlock, General Security chief Major General Abbas Ibrahim was tasked to complete the mission. In this context, General Ibrahim on Tuesday met with the Consultative Gathering MPs in order to discuss the cabinet formation, knowing that the parliamentary bloc ...
