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Gulf Arab Region

Riyadh’s 2019 budget allocates $51 billion for military

The Saudi government has allocated 17.3 percent of its 2019 budget for military spending, according to figures released Wednesday. Released by the Saudi Finance Ministry on Tuesday, the budget calls for $51 billion -- 17.3 percent of the total -- to be allocated for military spending,...

Yemen prisoner exchange could involve up to 16,000: Red Cross

Yemen's warring parties have exchanged lists with a total of 16,000 names of people believed to be detained as part of a prisoner swap deal signed last week, the International Committee of the Red Cross said Wednesday. Forty days after the Dec. 11 signing, the ICRC will have 10 days to...

Saudis announce budget deficit for sixth straight year

Saudi Arabia announced Tuesday its 2019 budget projecting a $35 billion shortfall, amounting to a deficit for the sixth year in a row due to low oil prices. The budget foresees spending at $295 billion, the largest in the oil-rich kingdom's history, while revenues, mostly from oil, are...

Sudanese troops will remain in Yemen: Al-Bashir

Sudanese President Omar al-Bashir on Tuesday said he had no plans to withdraw his country’s forces from war-torn Yemen. Al-Bashir made the assertion two days after visiting Damascus and meeting with Syrian counterpart Bashar al-Assad -- becoming the first Arab head of state to do so...