Tue, 21-Oct-2025

More than $3.2 trillion set to be invested in Saudi Arabia by 2030: minister

Saudi Arabia

RIYADH: More than SR12 trillion ($3.2 trillion) is set to be ploughed into Saudi Arabia by 2030, as the kingdom seeks to diversify its economy away from the oil sector, Arab News quoted the minister of investment, as saying. Speaking at a forum in Riyadh in the wake of the 2022 budget announcement, Khalid Al-Falih … Read more

Spanish parliament approves expansive 2022 budget

Spanish parliament

MADRID: Spain’s fragmented parliament passed the government’s 2022 budget on Thursday, boosting the stability of Socialist Prime Minister Pedro Sanchez’s minority coalition government. Lawmakers voted 188-158 in favour of the budget, which includes a record 240 billion euros ($340 billion) in spending next year, as the government seeks to spur activity in an economy badly hit … Read more