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The IMFSaid Last Month That Growth in the Non-Oil Sector Was Expected to Accelerate as the Kingdom Moved Ahead With Economic Reforms. (Shutterstock)

September 18th, 2018 - 07:18 GMT

IMF Confident Saudi Can Meet 1.9 Percent GDP Forecast

Saudi Arabia’s economy can achieve an International Monetary Fund forecast of 1.9 percent gross domestic product growth this year, the central bank governor said on Sunday.

It is also hoped the company will contribute $3.7 billion annually to the economy, and will be part of the kingdom's Saudi Vision 2030 diversification plans. (AFP)

May 18th, 2017 - 06:00 GMT

Saudi Arabia to Establish Local Arms Company

A wrecked car sits in the intersection of 45th and Broadway in Times Square, May 18, 2017 in New York City. (DREW ANGERER / GETTY IMAGES NORTH AMERICA / AFP)

May 18th, 2017 - 05:03 GMT

Update: One Dead, 22 Injured After Car Ramming in New York

US President Donald Trump will leave for Saudi Arabia on Friday on his first foreign visit as president. (Photos: AFP)

May 18th, 2017 - 01:30 GMT

Trump Leaves for Saudi Arabia Tomorrow: Here's His Full Agenda

Saudi officials confirmed that al-Bashir had been invited to the meeting, which will see the US president gather with over 50 dignitaries from the Arab world in his first visit to the region. (AFP)

May 18th, 2017 - 01:00 GMT

Sudan’s Bashir Invited to Saudi Trump Summit, Despite Being Wanted for Genocide

After meeting King Salman on Saturday, Trump is scheduled to take part Sunday in a pan-Arab and Islamic summit with leaders from across the Middle East, Africa and Asia. (AFP)

May 18th, 2017 - 10:41 GMT

Saudi Arabia is Literally Counting Down the Days Until Trump’s Arrival

Somali security forces and civilians gather at the scene of a car bomb attack in Mogadishu on May, 15, 2017 (Mohamed Abdiwahab/AFP)

May 17th, 2017 - 08:00 GMT

3 Somali Soldiers Killed While Defusing Al-Shabaab Bomb

U.S. President Donald Trump hosts an event for military mothers on National Military Spouse Appreciation Day with is wife, first lady Melania Trump, in the East Room of the White Hosue May 12, 2017 in Washington, DC. (AFP/Chip Somodevilla)

May 13th, 2017 - 01:50 GMT

US Close to Completing Saudi Arms Deal Worth Over $100 Billion

OneGram, a Dubai technology firm, has launched the first-ever digital currency backed by gold. (Pexels)

May 11th, 2017 - 02:45 GMT

This Dubai Firm Is Challenging Bitcoin With a Gold-Backed Digital Currency

A sharp surge in basic and non-basic commodity prices began right after the flotation of the Egyptian pound in November. (File photo)

May 11th, 2017 - 11:12 GMT

Egypt's Inflation at Record-High Levels and Pound Flotation Is Only Making Things Worse

Yemenis bury the body of a child who died from malnutrition in Hodeidah, May 2 2017. (AFP/stringer)

May 7th, 2017 - 12:00 GMT

Trump Tries to Wrap Up Saudi Arms Deals Before Visit

Most of the city has been liberated from Daesh since the offensive to recapture Mosul began in October. (AFP)

May 1st, 2017 - 03:00 GMT

Liberation of Mosul complete ‘in maximum of three weeks,’ says Iraqi commander

Turkish riot police arrest a protester seeking to defy a ban and march to Istanbul's Taksim square to celebrate May Day in Istanbul on May 1, 2017. (AFP/Gurcan Ozturk)

May 1st, 2017 - 02:00 GMT

Over 200 protesters detained in Turkey May Day clashes