Egypt Zones accountACCOUNT

Saudi:Finance Minister at Davos Forum We Seek to Ensure Sustainability of Growth in National Economy

Source: www.export-egypt.com 1/28/2018, Location: Middle East

Share |
The Minister of Finance Mohammed bin Abdullah Al-Jadaan participated in World Economic Forum "Davos" held in Switzerland from 23-26 January 2018 within the Kingdom's delegation including a number of princes, ministers, heads of Saudi companies and businessmen .

During the forum, the Minister of Finance spoke to many of international personalities present at public and closed discussions, including the national dialogue session, which dealt with building the future of the economy in the Kingdom of Saudi Arabia in accordance with Vision 2030.

He focused on the economic reforms being undertaken by the Kingdom's government and influential role in improving the business environment, rehabilitating the mineral resources sector, developing renewable energy capabilities, localizing the weapons industries, investing in manpower development and education.

He said, "We have a strong and flexible economy, strong reserves and a low deficit ratio that will enable us to withstand and overcome external volatile conditions, citing the commitment of the Kingdom to increase transparency, including the full disclosure of Saudi budget reports this year.

"The government has worked to develop a framework for privatization through the transformation program aiming to raise nearly $ 200 billion over the next few years," the Minister of Finance said.

Financials and Investment News in Saudi Arabia >>

Egypt >>  11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
Egypt >>  11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...

Egypt >>  11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
Egypt >>  11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...

Egypt >>  11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
Egypt >>  11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.

The Cabinet is set to add...





Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 |

More News

Oil & Gas Companies in Saudi Arabia >>

Related Links

Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.