Saudi Finance Minister
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China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
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Cash-Strapped Pakistan To Receive Additional $13 Billion From China, Saudi Arabia: Report
Cash-strapped Pakistan has secured about $13 billion in additional financial support from its traditional allies China and Saudi Arabia, Finance Minister Ishaq Dar has said.
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For Pakistan, Help Worth $3 Billion From Saudi Arabia
Saudi Arabia is finalising the extension of the kingdom's $3 billion deposit to Pakistan, Saudi Minister of Finance Mohammed al-Jadaan told Reuters.
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Pakistan Receives $3 Billion Loan From Saudi Arabia
Pakistan on Saturday received a $3 billion loan from Saudi Arabia, the prime minister's finance adviser said, as part of an economic support package.
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G20 Summit: How Does The Debt Service Suspension Initiative Work?
G20 Summit: The Debt Service Suspension Initiative, approved in April, offers a temporary suspension of the official sector or government-to-government debt payments
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Nirmala Sitharaman Attended First BRICS Finance Ministers, Central Bank Governors Meeting
The meeting discussed outcomes of the G20 Saudi Presidency in 2020, a digital platform to encourage infrastructure investments and expanding membership of New Development Bank.
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Saudi Triples VAT, Halts Government Handouts In Austerity Drive: Report
Saudi Arabia's finance minister on Monday said the kingdom will triple its Value Added Tax (VAT) and halt monthly handout payments to citizens in new austerity measures amid a coronavirus-led economic slump.
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Oil To Defence, Saudi King Tightens Grip With Promotion Of Another Son
Saudi King Salman on Sunday promoted one of his sons to the pivotal role of energy minister, strengthening his family's grip on the levers of power from oil to finance and defence.
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UN Action Must If There's Proof Against Jaish: Saudi Foreign Minister On Pulwama Terror Attack
People involved in terror attacks should not only be blacklisted but tried, convicted and punished, but on Jaish-e Mohammad chief Masood Azhar, there's "not much background... so not in a position to judge," Saudi Arabia's foreign minister Adel Aljubeir told NDTV in an exclusive interview today.
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China Assures Support As Imran Khan Talks Of "Very Difficult" Economy
China promised to support Pakistan's economy on Friday as new Pakistani Prime Minister Imran Khan told of his country's "very difficult" economic situation amid a burgeoning financial crisis.
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Opinion: The Dark Underside Of Saudi Arabia The Crown Prince Is Loath To Change
One view of Saudi Arabia was on display at the just-completed World Economic Forum in Davos, Switzerland, where the kingdom sought to reassure investors and show off traditional Saudi food, music and culture. The finance minister, Mohammed al-Jadaan,declared, "Saudi Arabia today is different. It's not Saudi Arabia five years ago." He and other mini...
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No Income Tax For Saudi Citizens, Says Minister As Reforms Raise Concerns
Saudi Arabia's finance minister said on Sunday that citizens would not pay taxes on income and Saudi companies would not see their profits taxed under sweeping economic reforms being introduced in the oil-rich kingdom.
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No Income Tax For Saudi Citizens, Companies, Says Saudi Finance Minister
Mohammed al-Jadaan sought in a statement carried by state news agency SPA to allay concern that people would be taxed as part of the ambitious reform plan. Saudis currently do not pay any income tax, nor are Saudi companies taxed on their profits.
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Saudi Arabia's Reform Plan To Be Paid For By Spending Cuts
Saudi Arabia will pay for parts of its $72 billion five-year economic reform plan by making efficiency savings and cutting spending on existing projects, Finance Minister Ibrahim Alassaf said on Tuesday.
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New Guard Rises In Saudi Arabia As Oil Crisis Forces Rethink
After a year of plunging oil prices, all eyes were on Ibrahim Al-Assaf, Saudi Arabia's finance minister for two decades, to deliver a budget that could restore confidence in the kingdom's finances.
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China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
-
Cash-Strapped Pakistan To Receive Additional $13 Billion From China, Saudi Arabia: Report
Cash-strapped Pakistan has secured about $13 billion in additional financial support from its traditional allies China and Saudi Arabia, Finance Minister Ishaq Dar has said.
-
For Pakistan, Help Worth $3 Billion From Saudi Arabia
Saudi Arabia is finalising the extension of the kingdom's $3 billion deposit to Pakistan, Saudi Minister of Finance Mohammed al-Jadaan told Reuters.
-
Pakistan Receives $3 Billion Loan From Saudi Arabia
Pakistan on Saturday received a $3 billion loan from Saudi Arabia, the prime minister's finance adviser said, as part of an economic support package.
-
G20 Summit: How Does The Debt Service Suspension Initiative Work?
G20 Summit: The Debt Service Suspension Initiative, approved in April, offers a temporary suspension of the official sector or government-to-government debt payments
-
Nirmala Sitharaman Attended First BRICS Finance Ministers, Central Bank Governors Meeting
The meeting discussed outcomes of the G20 Saudi Presidency in 2020, a digital platform to encourage infrastructure investments and expanding membership of New Development Bank.
-
Saudi Triples VAT, Halts Government Handouts In Austerity Drive: Report
Saudi Arabia's finance minister on Monday said the kingdom will triple its Value Added Tax (VAT) and halt monthly handout payments to citizens in new austerity measures amid a coronavirus-led economic slump.
-
Oil To Defence, Saudi King Tightens Grip With Promotion Of Another Son
Saudi King Salman on Sunday promoted one of his sons to the pivotal role of energy minister, strengthening his family's grip on the levers of power from oil to finance and defence.
-
UN Action Must If There's Proof Against Jaish: Saudi Foreign Minister On Pulwama Terror Attack
People involved in terror attacks should not only be blacklisted but tried, convicted and punished, but on Jaish-e Mohammad chief Masood Azhar, there's "not much background... so not in a position to judge," Saudi Arabia's foreign minister Adel Aljubeir told NDTV in an exclusive interview today.
-
China Assures Support As Imran Khan Talks Of "Very Difficult" Economy
China promised to support Pakistan's economy on Friday as new Pakistani Prime Minister Imran Khan told of his country's "very difficult" economic situation amid a burgeoning financial crisis.
-
Opinion: The Dark Underside Of Saudi Arabia The Crown Prince Is Loath To Change
One view of Saudi Arabia was on display at the just-completed World Economic Forum in Davos, Switzerland, where the kingdom sought to reassure investors and show off traditional Saudi food, music and culture. The finance minister, Mohammed al-Jadaan,declared, "Saudi Arabia today is different. It's not Saudi Arabia five years ago." He and other mini...
-
No Income Tax For Saudi Citizens, Says Minister As Reforms Raise Concerns
Saudi Arabia's finance minister said on Sunday that citizens would not pay taxes on income and Saudi companies would not see their profits taxed under sweeping economic reforms being introduced in the oil-rich kingdom.
-
No Income Tax For Saudi Citizens, Companies, Says Saudi Finance Minister
Mohammed al-Jadaan sought in a statement carried by state news agency SPA to allay concern that people would be taxed as part of the ambitious reform plan. Saudis currently do not pay any income tax, nor are Saudi companies taxed on their profits.
-
Saudi Arabia's Reform Plan To Be Paid For By Spending Cuts
Saudi Arabia will pay for parts of its $72 billion five-year economic reform plan by making efficiency savings and cutting spending on existing projects, Finance Minister Ibrahim Alassaf said on Tuesday.
-
New Guard Rises In Saudi Arabia As Oil Crisis Forces Rethink
After a year of plunging oil prices, all eyes were on Ibrahim Al-Assaf, Saudi Arabia's finance minister for two decades, to deliver a budget that could restore confidence in the kingdom's finances.
