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...On the sidelines of an annual political gathering in Beijing known as the “Two Sessions”, officials from Liaoning and Hebei provinces and the city of Tianjin have engaged in extensive high-level debt discussions...
...Ardian originally agreed to buy 15 per cent and the Saudis 10 per cent....
...A new six runway airport is also in the works and Saudi Arabia wants to attract 100mn visitors a year by the end of the decade....
...His Excellency Dr Abdullah bin Abdulaziz Al RabeeahSupervisor General, King Salman Humanitarian Aid and Relief Centre,Riyadh, Kingdom of Saudi Arabia...
...The European Commission said on Friday that it would disburse an initial €50mn in aid next week “following exchanges” with the UN Relief and Works Agency for Palestine Refugees that committed the UNRWA to...
...On Wednesday it published a new remit for the Low Pay Commission, which advises ministers on where to set the NLW, asking it to keep the pay floor for workers aged 21 and above at two-thirds of median earnings...
...Though the deficit, at SR81bn ($21.6bn), was slightly narrower than original government estimates, it was in stark contrast to the $28bn surplus recorded in 2022 on the back of high crude prices....
...He is also chair of Aramco and English football club Newcastle United, one of the PIF’s most high-profile overseas investments....
...However, he added that Cook had “made a personal gain at the expense of the public purse” and pointed to a “high level of profit” and “abuse of trust” involved in the case....
...Maintaining high, consistent dividends for investors is also seen as important for any future listing by the government of further Aramco shares....
...In the GPT case, the defendants’ alleged crimes related to payments made to Saudi officials to secure £1.6bn of contracts between the MoD and the Saudi Arabian National Guard (SANG) for the installation...
...Oil prices rose to a four-month high on Thursday after the west’s energy watchdog forecast demand would exceed market supply, reversing its previous prediction of a surplus....
...The strong figures will come as a relief to policymakers who are seeking to narrow the country’s yawning current account deficit....
...“Why undertake an expansion at a time when costs are high?” she said. “And they haven’t said they will cancel this indefinitely.”...
...When it launched its anti-subsidy probe, the European Commission said that China’s share of EVs sold in the EU had risen to 8 per cent, from less than 1 per cent in 2019, and could reach 15 per cent in 2025...
...to bribe high-ranking officials in the SANG so that the company could procure and keep renewing its lucrative SANGCOM contracts....
...The Treasury said the decision to abolish the relief came after an external evaluation revealed “a high number of abusive claims” and found that 51 per cent of claims for relief were made by private individuals...
...The CSOP Saudi Arabia ETF was launched on the back of strong government support, after more than a year of high-level efforts by senior Hong Kong officials attempting to woo investment from the Middle East...
...UK car insurance prices fell at the start of 2024 in the first quarter-on-quarter drop in more than two years, signalling some relief for households after costs hit an all-time high....
...But it’s also central to the group’s ability to attract new investors ahead of a possible listing of further shares on the Saudi stock market....
...UK car insurance prices fell at the start of the year in the first quarter-on-quarter drop in more than two years, signalling some relief for households after costs hit an all-time high last year....
...“Getting investment from the Middle East gives relief from being seen to be in favour of one region or the other,” the Zambian official explains....
...But volumes above and below that range were down in the high-teens too....
...But the kingdom was wary of the dangers of escalation, “because ultimately, there’s a high risk they would pay a price”....
...Whereas under the Law Commission’s cohabitation proposal, an ex-partner could apply for relief to make the other “share the economic disadvantage” the relationship has caused them, which, for instance, may...
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