Saudi Minister of Finance Mohammed Al-Jadaan was selected as Chairperson of the International Monetary and Financial Committee (IMFC) for a three-year term starting Jan. 4, 2024. Al-Jadaan will succeed Nadia Calviño, Spain's Deputy Prime Minister and Minister of Economic Affairs and Digital...
A delegation from the Department of Community Development (DCD) undertook a benchmarking visit to South Korea in order to engage with subject matter experts, share experiences, and gain deeper insights into social services and their impact. The delegation also benefitted from engaging with the...
The General Civil Aviation Authority (GCAA) signed two memorandums of understanding (MoUs) to strengthen and reinforce cooperation in the field of air transportation with Brazil and Switzerland, on the sidelines of the UAE delegation's participation in the fifteenth ICAO Air Services Negotiation...
The General Organization for Social Insurance (GOSI) stated that total expenses of insurance benefits stood at SAR 10.7 billion in November. GOSI indicated that compensation under the unemployment insurance scheme (SANED) exceeded SAR 87.2 million, while the total pensions...
Saudi Arabia eyes economic diversification and prioritizes new and start-up sectors, as its non-oil exports grew 77% from 2016 to 2022, said Majid Al-Kassabi, Minister of Commerce and Chairman of National Competitiveness Center. During his participation at a ministerial...
More than 90 educational service projects became operational in 2023, while 707 schools Kingdom-wide were rehabilitated in cooperation with the Ministry of Finance, Saudi Arabia’s Minister of Education Yousef Al Benyan said. The ministry addressed over 125 insolvent projects to...
The Ministry of Environment, Water and Agriculture (MEWA) finalized setting the Kingdom’s water strategy, determining its water conservation needs to improve services and ensure their sustainability, Minister Abdulrahman AlFadley stated. At Budget...
Crown Prince Mohammad bin Salman, Prime Minister and Chairman of the board of directors of the Qiddiya Investment Co. (QIC) launched the urban design for the city of Qiddiya and Qiddiya’s brand, Saudi Press Agency reported. Qiddiya city will become, in the near future, the foremost global...
Ministry of Human Resources and Social Development (HRSD) provides 1,000 automated digital services, or 80% of all the ministry’s 1,300 services, Minister Ahmed Al-Rajhi said in the Saudi Budget 2023 Forum. The digital transformation journey began four years ago, aiming to make...
The Oversight and Anti-Corruption Authority (Nazaha) investigated several legal and administrative cases through 2,024 inspection tours in November. The authority investigated 341 alleged suspects, while 146 others were arrested, some of whom were released on bail, on...