Ministry of Finance

Egypt’s Finance Ministry is awaiting IMF Executive Board approval of the third review of the country’s economic reform program, scheduled for Monday. The IMF is expected to disburse $820 million to Egypt after concluding its review, and…
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The Saudi Minister of Finance and the governor of the Saudi Central Bank (SAMA) concluded their participation in the third G20 Finance Ministers and Central Bank Governors Meeting, which was held on Thursday and Friday in Rio de Janeiro.…
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Ongoing global challenges, financial sector issues, and the international economic outlook will be key topics as Saudi Arabia participates in a meeting of G20 finance ministers and central banks in Brazil this week. Finance Minister…
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China’s newly appointed ambassador to the Kingdom met with Saudi Arabia’s finance vice minister in Riyadh, signaling that relations between the two countries are set to flourish. Abdulmuhsen Al-Khalaf welcomed Chang Hua on July 15 at the…
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Saudi Minister of Finance Mohammed Al-Jadaan recently met Bruno Le Maire, France’s minister of the economy, finance and industrial and digital sovereignty, at the Group of Seven meeting in Italy to discuss the current global economic…
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Saudi Arabia recorded a budget deficit of SR12.4 billion ($3.3 billion) in the first quarter of 2024, comprising 16 percent of the annual deficit forecast set by the Ministry of Finance at the end of the previous year. This suggests that…
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The UAE’s treasury sukuk auction received bids totaling 7.83 billion dirhams ($2.13 billion), signaling a promising trajectory for the country’s financial landscape. Represented by its Ministry of Finance and supported by the state’s…
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Residents of Saudi Arabia will be able to increase their savings rates with the announcement of a new product by the Ministry of Finance. Launched in collaboration with the National Debt Management Center, the “Sah” program is the first…
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