BREAKING NEWS

Saudi corruption settlements will net 'no less' than $13 bln in 2019

By REUTERS

DECEMBER 19, 2018 19:49

Saudi Arabia's finance minister said on Wednesday that cash settlements from an anti-corruption campaign would net "not significantly less" in 2019 than the 50 billion Saudi riyals ($13.3 billion) collected in 2018.

Mohammed al-Jadaan also said in a Reuters interview that construction giant Saudi Binladin Group, in which the government took a roughly one third stake under the campaign, would soon have a "normal board" with family members and representatives of government ownership.

He added that the kingdom's sovereign wealth fund, the Public Investment Fund, has no role in a ministry-owned company that is managing assets seized through settlements with dozens of Saudi elite detained last year under the corruption purge.

Columbia cancels commencement due to pro-Palestine protests

By REUTERS

05/06/2024 04:17 PM

Visits to Israel still down amid war - CBS

By EVE YOUNG

05/06/2024 03:28 PM

France reiterates opposition to IDF operation in Rafah

By JERUSALEM POST STAFF

05/06/2024 03:24 PM

EU's Borrell urges Israel to stand down on Rafah offensive

By REUTERS

05/06/2024 03:11 PM