Saudi Arabia posts $20.8bn budget surplus in Q2

Saudi Arabia has posted a SR77.9 billion ($20.8 billion) budget surplus during the second quarter of 2022, representing 16 percent increase over the same period last year. The finance ministry said the state’s total revenues during the same period amounted to over SR370.4 billion, up 49 percent year-on-year, while expenditures stood at SR292.5 billion. Oil […]

Zimbabwe president pledges to hold ‘free, fair & credible’ elections in August

General elections that are due to be held later this year will be free and fair, Zimbabwean President Emmerson Mnangagwa vowed during an independence day speech on Tuesday (18 April), but he also issued a warning to “rogue” civic society organizations not to sow “seeds of division and disharmony” in the society. The 80-year-old leader, […]

Algerian protesters say no to Bouteflika’s proposal to extend fourth term

Students poured to the streets of Algiers after ailing President Bouteflika announced Monday in a letter that he will not run for presidential elections, which were initially scheduled for April but were postponed to an unknown date. Bouteflika, 82, who returned to his country on Sunday was seen in a rare public appearance in the […]