Saudi Arabia projects $53 bn deficit in 2017
Saudi Arabia economy
Riyadh - Arab Today
Saudi Arabia on Thursday projected a 2017 budget deficit of $53 billion, a drop of almost half from a record shortfall reported last year after the world's top oil exporter was hit by falling crude prices.
According to a cabinet statement, next year's budget projects spending of 890 billion riyals ($237 billion) and revenues of 692 billion riyals ($184 billion).
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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