BREAKING NEWS | Saudi Crown Prince: Kingdom’s Economy Proves Ability To Face COVID-19 Repercussions

RIYADH – – Saudi Arabia’s economy has proven its ability to face the repercussions of the coronavirus pandemic, Crown Prince Mohammed bin Salman said following the announcement of the Kingdom’s budget for 2021.

‘Financial and economic measures have been taken at reducing the repercussions of the pandemic on economic activities. The crisis was managed with great care and effectiveness, which led to the mitigation of the negativeness, which led to the mitigation of the negative effects on the Saudi economy’, the Saudi Press Agency quoted the crown prince as saying.

‘The balance between the precautionary measures and the timing of the gradual return of economic activities has been made at a good pace. Saudi Arabia was able to take health and preventive measures aimed primarily at protecting human health by curbing the spread of the epidemic’, he said.

Saudi Arabia projected its 2020 budget deficit will rise to around $79 billion, the finance ministry confirmed on Tuesday, as the world’s top crude exporter reels from a coronavirus – led economic downturn.

‘It is expected that the budget deficit will increase at the end of 2020 to about 298 billion riyals, and we aim to reduce it by the end of 2021 to 141 billion riyals ($37.6 billion), the finance ministry said in its annual budget.

Saudi – Led Coalition Says It Intercepts Houthi Drone Fired At Southern Saudi Arabia

The Saudi – led coalition fighting Houthi forces in Yemen said on Tuesday it had destroyed an explosive drone fired towards Khamis Mushait in the south of Saudi Arabia. A military spokesman for the Iran – aligned Houthi group then said they had fired a drone at and hit Abha International Airpot, which is near … More Saudi – Led Coalition Says It Intercepts Houthi Drone Fired At Southern Saudi Arabia

Saudi Arabia’s Crown Prince, China’s Xi Discuss Cooperation In Phone Call

China’s President Xi Jinping told Saudi Arabia’s Crown Prince Mohammed bin Salman on Tuesday that Beijing was willing to push its strategic partnership with Riyadh ‘to a new level’, the official Chinese Xinhua news agency reported. In a phone call, the two leaders discussed boosting cooperation in energy, trade and technology, Xinhua added. China’s crude … More Saudi Arabia’s Crown Prince, China’s Xi Discuss Cooperation In Phone Call

Saudi Arabia’s King Salman, Crown Prince Donate Total of $7.9 Mln To Charity

Saudi Arabia’s King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman have donated a total of $7.9 million (SR 30 million) to charity through the Kingdom’s Ehsan Platform, the Saudi Press Agency (SPA) reported on Friday. King Salman donated $5.3 million (SR20 million) for charitable and non – profitable works, while the Crown Prince contributed … More Saudi Arabia’s King Salman, Crown Prince Donate Total of $7.9 Mln To Charity

U.S. Imposes Wide Array Of Sanctions On Russia For ‘Malign’ Actions

The Unites States on Thursday imposed a boar array of sanctions on Russia to punish it for election interference, cyber – hacking, bullying Ukraine and other ‘malign’ acts. The measures blacklisted Russian companies, expelled Russian diplomats and placed limits on the Russian sovereign debt market in steps sure to anger Moscow. Among the actions, President … More U.S. Imposes Wide Array Of Sanctions On Russia For ‘Malign’ Actions

Queen Elizabeth Returns To Royal Duties Four Days After Her Husband’s Death – PM Media

Britain’s Queen Elizabeth return to royal duties on Tuesday, four days after the death of her husband, Prince Philip, in an event to mark the retirement of her household’s most senior official, PA Media reported. The queen hosted a ceremony as the Earl Peel stepped down as Lord Chamberlain, the report added. Philip, who has … More Queen Elizabeth Returns To Royal Duties Four Days After Her Husband’s Death – PM Media

Saudi Arabia’s Ithra Celebrates Ramadan With Cultural Events, Activities

Saudi Arabia’s King Abdulaziz Center for World Culture (Ithra) is celebrating the holy month of Ramadan with a wide selection of cultural events and interactive activities. Ithra is offering visitors a chance to take part in events focused on national traditions and  Saudi Arabian heritage, as well as different interactive workshops. The centre’s Ramadan program also includes a collection … More Saudi Arabia’s Ithra Celebrates Ramadan With Cultural Events, Activities

Britain’s Prince Philip Has Died

Prince Philip, the husband of Queen Elizabeth who played a leading  figure in the British royal family for almost seven decades, has died aged 99, Buckingham Palace said on Friday. The Duke of Edniburgh, as he was been y his wife’s side through her 69-year  reign, the longest in British history, during which time he … More Britain’s Prince Philip Has Died

Former Secretary Of State Pompeo To Join Fox News Media

Former U.S. Secretary of State Mike Pompeo will join Fox News Media as a contributor, the news network controlled by media baron Rupert Murdoch said on Thursday. Pompeo is the latest former Trump administration official to join the network. Other notable names include former White House secretary Kayleigh McEnany and Trump’s top economic adviser Larry … More Former Secretary Of State Pompeo To Join Fox News Media

Saudi Arabia’s Crown Prince Announces Opening Of Sakaka Power Plant

Saudi Arabia’s Crown Prince Mohammed bin Salman announced the opening of the Sakaka IPP PV power plat, the Kingdom’s first renewable energy project, the Saudi Press Agency (SPA) reported on Thursday. The launch of the Sakaka IPP PV and the signing power purchase agreements (PPA) for seven new projects are the result of King Salman’s … More Saudi Arabia’s Crown Prince Announces Opening Of Sakaka Power Plant

Saudi Crown Prince Launches AlUla’s Design Vision ‘A Journey Through Time’

Saudi Arabia’s Crown Prince Mohammed bin Salman launched the design vision for the ‘Journey Through Time’ scheme, with the aim of responsible and sustainable revitalization and rehabilitation of the main archaeological area in Saudi Arabia’s AlUla in a unique cultural and natural environment. AlUla is in the northwest of the Kingdom, where the project is … More Saudi Crown Prince Launches AlUla’s Design Vision ‘A Journey Through Time’

Former Italian PM Berlusconi In Hospital Since Tuesday – Sources

Former Italian Prime Minister Silvio Berlusconi has been in has been in hospital since Tuesday afternoon for check-ups, two sources from his Forza Italy party said on Wednesday. One of the source said the 84-year-old media tycoon went to the San Raffaele  hospital in Milan for follow-up tests after contracting the new coronavirus in September … More Former Italian PM Berlusconi In Hospital Since Tuesday – Sources

Saudi Cabinet Authorizes Minister To Negotiate With Singapore On Draft Energy Memorandum

The Saudi cabinet said on Tuesday it has authorized the energy minister to negotiate with Singapore regarding a draft memorandum of understanding in the field of energy, state news agency (SPA) reported citing a cabinet statement. ‘The cabinet authorised the minister of energy – or his representative – to negotiate with the Singaporean side on … More Saudi Cabinet Authorizes Minister To Negotiate With Singapore On Draft Energy Memorandum

Bezos, Musk Top Forbes’ Record – Setting Billionaire List

Forbes’ annual world’s billionaires list includes a record – breaking 2,755 billionaires, with Amazon.com Inc. founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday. The ranks of the ultra – wealthy are expanding after a year in which the coronavirus pandemic upended world economies and threatened the livelihoods of people … More Bezos, Musk Top Forbes’ Record – Setting Billionaire List

Iraq’s PM Meets With Abu Dhabi Crown Prince In UAE To Discuss Bilateral Ties

Iraq’s Prime Minister Mustafa al – Kadhimi met with Abu Dhabi Crown Prince Sheik Mohammed bin Zayed on Sunday during his official visit to the United Arab Emirates, the Emirates News Agency (WAM) reported. ‘It was a pleasure to welcome our  brother Mustafa al – Kadhimi, Prime Minister of Iraq to the UAE where he … More Iraq’s PM Meets With Abu Dhabi Crown Prince In UAE To Discuss Bilateral Ties

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