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Pakistan, India hope to reap investment from Saudi prince's visit

Mohammed bin Salman is expected in New Delhi next week, along with leading Saudi businessmen, at the invitation of Prime Minister Narendra ModiPakistan's new Prime Minister Imran Khan was among a handful of heads of state who attended Riyadh's flagship investment conference

2 min read12 Feb 2019
News

Saudi Arabia to release findings on unpopular expat levy next month

Saudi Arabia will release the results of its study of an unpopular levy on expatriate workers within 30 days

1 min read25 Dec 2018
News

Saudi Arabia reviews expat fees as economy feels sting

While it's unlikely the fees will be cancelled altogether, a ministerial committee is looking at modifying or restructuring them

2 min read9 Dec 2018
News

Saudi Arabia arrests drive home message: change comes from the top

The arrest of at least 10 activists, the majority women, comes one month before Saudi Arabia is slated to lift its driving ban on women

3 min read23 May 2018
Videos

Saudi Arabia to show films for first time at Cannes festival

Saudi Arabia culture minister Awwad Alawwad announces that the country will make its first official appearance at France's Cannes film festival, submitting a selection of short films when the prestigious competition opens next month. We are very happy... that there will be an official participation at the Cannes festival, for the first time, said Alawwad. Saudi is going through some major changes and this is part of crown prince Mohammad Bin Salman's Saudi Vision 2030 that seeks to reduce the Kingdom's dependency on oil and tap into the entertainment industry.

10 Apr 2018
News

Saudi Arabia intercepts biggest barrage as Yemen war enters fourth year

Saudi Arabia said it intercepted seven ballistic missiles fired at Riyadh and other cities by Iranian-backed Houthi rebels in Yemen, the biggest such barrage since the kingdom went to war against them in March 2015

2 min read26 Mar 2018
News

Saudi prince’s revamp turns to military and companies see deals

If recent months have all been about crown prince Mohammed Bin Salman's crackdown on business elites, now he's turned to the military as he extends his authority over the kingdom

4 min read1 Mar 2018
News

Saudi Arabia extends foreign investment licenses to 5 years

Saudi Arabia extends foreign investment licenses to a renewable period of up to five years from one year, in the latest step to broaden the oil-dependent economy

1 min read26 Feb 2018
Opinion

The Federal Reserve is setting the stage for another crisis

The Federal Reserve is setting the stage for another crisis

4 min read3 Nov 2010

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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