Prince Mohammed Bin Salman News
Saudi Arabia labels feminism, atheism, homosexuality as extremist ideas
The animated clip posted on Twitter at the weekend by a verified account of the State Security Presidency said 'all forms of extremism and perversion are unacceptable' Under Saudi law, supporting groups classified as extremist organisations can lead to imprisonment
1 min read12 Nov 2019World's most costly painting on Saudi prince's yacht: report
'Salvator Mundi,' said to be painted by Leonardo da Vinci was sold for a record $450 million at Christie's in 2017 In the painting, Jesus Christ is depicted emerging from darkness blessing the world with one hand while holding a transparent globe in the other
1 min read11 Jun 2019Opinion | Oil price is now controlled by just three men
The actions of three men Donald Trump and Vladimir Putin and Saudi Arabia Crown Prince Mohammed Bin Salman will determine the course of oil prices in 2019 and beyond. But of course they each want different things
3 min read18 Nov 2018Jobs-for-Saudis plan tests retailers used to cheap foreign labour
Saudi Arabia's private sector is dominated by foreign workers while nationals typically gravitate toward the public sector, where hours are shorter and jobs more secure
3 min read19 Sep 2018Saudi Arabian security shoots down recreational drone near royal palace
Saudi Arabian security shoots down a recreational drone in Riyadh after online videos showed gunfire in a neighbourhood where royal palaces are located
2 min read22 Apr 2018Saudis begin investigating detainees who did not settle: report
Saudi Arabia's deputy attorney general for investigations Saud al-Hamad says whoever is charged will be referred to court for prosecution in cases related to money laundering or terrorism
1 min read8 Apr 2018Saudi Arabia, SoftBank ink deal on $200 billion solar project
The deal deepens SoftBank's ties with the world's largest crude exporter and advances the crown prince's ambition to diversify Saudi Arabia's economy
2 min read28 Mar 2018Aramco is said to get cool response on IPO from US investors
American investors have raised issues like the $2 trillion valuation for Aramco, the scale of dividends Aramco's prepared to pay and the future impact of shale boom on oil prices
3 min read18 Mar 2018Aramco IPO venue in the balance as Saudi prince embarks on trip
Both London and New York are still in the running for Aramco IPO but their requirement for greater disclosure of sensitive information than the Hong Kong exchange is a drawback
4 min read6 Mar 2018Saudi Arabia seizes over $100 billion in corruption purge
Saudi Arabia has arranged to seize more than $100 billion through financial settlements with businessmen and officials detained in its crackdown on corruption
3 min read30 Jan 2018Popular Topics
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