HRH Crown Prince Receives Russian Direct Investment Fund Chief
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, received at his Al-Yamamah Palace office Russian Direct Investment Fund Chief Executive Kirill Dmitriev. During the reception, they reviewed areas of bilateral coordination in investment matters and discussed economic issues. The reception was […]
HRH the Crown Prince Chairs Cabinet Session
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chaired the Cabinet session held here today. HRH the Crown Prince briefed the Cabinet on his recent talks with President Emmanuel Macron of the French Republic and US Secretary of State Marco Rubio. During these talks, he discussed relations […]
Upon HRH the Crown Prince’s Directives, Riyadh Hosts Russia-US Talks
Upon directives from His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Riyadh today hosted talks between the Russian Federation and the United States of America, attended by Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and Minister of State and Cabinet Member Dr. Musaed bin […]
HRH the Crown Prince Congratulates President of The Gambia on Independence Day
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has sent a cable of congratulations to President of the Republic of The Gambia Adama Barrow on his country’s Independence Day. The Crown Prince wished Barrow continued good health and happiness, and the government and people of The Gambia […]
Saudi crown prince discusses regional developments with French President Macron
Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call from French President Emmanuel Macron on Sunday, Saudi Press Agency reported. During the call, areas of joint cooperation and ways to enhance them were reviewed, and regional and international developments were discussed. The two officials also exchanged views on the latest developments and efforts […]
Saudi Arabia emerging as an economic ‘powerhouse,’ says top IMF official
Saudi Arabia’s role in the international financial system is growing, solidifying its position as an emerging economic “powerhouse,” according to a senior executive. In an interview with Arab News on the sidelines of the AlUla Conference for Emerging Market Economies, Jihad Azour, director of the Middle East and Central Asia department at the International Monetary […]
China’s central bank governor highlights key challenges for emerging markets at AlUla conference
Emerging market economies are facing escalating challenges, including geopolitical tensions, sluggish global growth, financial volatility, and increasing public debt, according to the governor of the People’s Bank of China. Speaking at the two-day AlUla Conference for Emerging Market Economies, organized by the Saudi Ministry of Finance and the International Monetary Fund, Pan Gongsheng emphasized the […]
Ministers urge fiscal discipline, smart investment to tackle debt challenges at Saudi forum
Effective debt restructuring requires a thorough understanding of its root causes, said the Russian finance minister at the AlUla Conference for Emerging Market Economies. Speaking during a panel titled “High Debt-Low Fiscal Space—Fiscal Consolidation and Multilateral Solutions to Debt Restructuring,” Anton Siluanov said that fiscal prudence and policy monitoring are essential in addressing economic challenges. […]
Financial discipline crucial while pursuing economic diversification efforts: Qatari minister
Maintaining financial discipline is crucial for countries in the Middle East as they work to diversify their economies and reduce reliance on energy revenues, according to a Qatari minister. During a panel discussion at the AlUla Conference for Emerging Market Economies organized by the Saudi Ministry of Finance and the International Monetary Fund, Ali bin […]
Saudi Arabia’s Northern Borders region holds $1.22tn in mining resources
Saudi Arabia’s Northern Borders region, home to an estimated SR4.6 trillion ($1.22 trillion) in mineral resources, is emerging as a key driver of economic growth and investment, according to the Ministry of Industry and Mineral Resources. The region is a major hub for phosphate production, a critical component in global food security due to its […]