Tue, 21-Oct-2025

Saudi Arabia expects budget surplus of $24 billion in 2022

Saudi Arabia

RIYADH: Saudi Arabia expects a budget surplus of SR90 billion riyals ($24 billion), Saudi Press Agency reported, citing a cabinet statement. The total revenues for 2022 is estimated at SR1.05 trillion, while the spending is at SR955 billion, the statement said; following a meeting chaired by King Salman. With the Saudi budget statement for the 2022 fiscal … Read more

Saudi Arabia to host largest technology event in February 2022

LEAP

RIYADH: Saudi Arabia will host the largest technology event-ever, LEAP in February 2022, Arab News reported. Taking place on February 1 to 3 in Riyadh, it is set to become a global platform for the entire innovation ecosystem, connecting pioneers and disruptors with business and government leaders, entrepreneurs, investors and more to experience and learn about the … Read more