Saudi Arabia
Saudi economy minister forecasts 2025 real GDP growth at 5.1%
Saudi Arabia's economy minister forecast real GDP growth of 5.1% for 2025, supported by the non-oil sector, as the kingdom accelerates efforts to diversify away from oil.
Saudi Arabia's Crown Prince Mohammed bin Salman made reassuring comments about King Salman's health during a cabinet meeting on Tuesday after the royal court said on Sunday the monarch will undergo treatment for a lung inflammation, state TV reported.
 
                                Saudi King Salman bin Abdulaziz, Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via Reuters
Saudi Arabia's Crown Prince Mohammed bin Salman made reassuring comments about King Salman's health during a cabinet meeting on Tuesday after the royal court said on Sunday the monarch will undergo treatment for a lung inflammation, state TV reported.
Due to King Salman's health issue, Crown Prince Mohammed, the de facto Saudi leader, postponed a visit to Japan that had been scheduled to begin on Monday, Japan's Chief Cabinet Secretary Yoshimasa Hayashi said.
The 88-year-old monarch would be treated with antibiotics until the inflammation subsides after he underwent medical tests at the royal clinics at Jeddah's Al Salam Palace due to "high temperature and joint pain", the state news agency cited the royal court as saying on Sunday.
"The crown prince reassures everyone of the health of the Custodian of the Two Holy Mosques (the king)...praying to God Almighty to bless him with a speedy recovery and to grant him good and sound health," state TV said.
Reporting by Nayera Abdallah
Saudi Arabia's economy minister forecast real GDP growth of 5.1% for 2025, supported by the non-oil sector, as the kingdom accelerates efforts to diversify away from oil.
A major investor forum opened Tuesday in Riyadh, Saudi Arabia, bringing together heads of state and business leaders as the oil-rich kingdom promotes its megaprojects and ambitions in artificial intelligence.
Saudi Arabia's ambitious Vision 2030 program is reportedly 85% complete or progressing as planned, according to the kingdom's investment minister, Khalid Al-Falih.
 
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