Mohammed Bin Salman - Bio, News, Photos - Washington Times

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King Salman announced Monday expenditures will reach $272 billion next year, a nearly 8% decrease from last year’s record-high spending estimate of $295 billion.

Saudi Arabia's deficit widens to $49B ahead of Aramco sale →

Prince Mohammed has said listing Aramco is one way for the kingdom to raise capital for the country’s sovereign wealth fund, which would then use that money to develop new cities and lucrative projects across Saudi Arabia.

Saudi Aramco plans $25.6B share sale in biggest ever IPO →

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