Saudi Arabia approved a budget for 2025 projecting a smaller deficit of $26.8 billion, down from $30.6 billion in 2024, with spending on economic reforms continuing. The budget reflects reduced expenditures and aims for sustainable levels of public debt and government reserves. Government officials are recalibrating plans for projects like NEOM, emphasizing long-term success over short-term targets and highlighting the importance of non-oil activities in driving economic growth.
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Syria says Israel takes some territory around Mount Hermon despite talks
Syria accused Israel of sending 60 soldiers to Mount Hermon, claiming the operation violated its sovereignty and threatened regional security, amidst ongoing U.S.-mediated talks for de-escalation. The incident, which included the arrest of six Syrians, occurred near a strategic area known for arms smuggling by Hezbollah and was described by Syria as a dangerous escalation against peace. Want More Context? 🔎
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