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Saudi King Orders Government Reshuffle After Jamal Khashoggi Fallout

Friday, December 28, 2018, 7:44 AM

Saudi Arabia's King Salman ordered a sweeping government reshuffle Thursday, replacing key security and political figures including the foreign minister, as the kingdom grapples with international fallout over critic Jamal Khashoggi's murder. The surprise shake-up saw the appointment of a-new National Guard chief and the head of a new space agency, but the ministries of energy and finance were unaffected despite an economic downturn.
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Saudi spending to hit record high as oil prices resume slide

Wednesday, December 19, 2018, 6:21 AM

Saudi Arabia's expenditures will hit a record-high in 2019, with plans to increase state spending by 7 percent to reach $295 billion, even as declining oil prices have forced the kingdom to adopt austerity measures. King Salman announced the figures on Tuesday, saying the government expects revenue to increase by more than 9 percent to hit $260 billion.
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Donald Trump says Saudi king has agreed to ramp up oil production

Saturday, June 30, 2018, 10:57 PM

Donald Trump on Saturday said Saudi Arabia's King Salman had agreed to his request to ramp up oil production. "Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & disfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference," Trump announced.

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