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Saudi Arabia sacks finance minister Al-AssafSaudi Arabia sacked Finance Minister Dr Ibrahim bin Abdulaziz Al-Assaf and replaced him with Mohammed bin Abdullah bin Abdulaziz Al-Jadaan, a Royal order said. Another Royal order Al-Assaf was appointed as Minister of State and Me More… |
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Saudi public spending 'unharmed by oil fall'Top oil exporter Saudi Arabia will keep its public spending plans intact despite a recent fall in oil prices and its lenders will resume "normal business" this year after a difficult 2009, top officials said on Tuesday. More… |
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Saudi does not see oil dropping below $62Saudi Finance Minister Ibrahim Al-Assaf said on Tuesday he did not think oil prices would fall below $62 per barrel. Asked on Al Arabiya television if Saudi Arabia would cut public spending if oil prices would fall below $62 per barrel, Al More… |
