Sheikh Khaled Juffali
The ABJ Members and guests were honored to have Mr. Sheikh Khaled Juffali as our guest speaker. His years of successes, depth of understanding, and delightful speech created one of the most notable evenings in our American Business Group’s history. Our group enjoyed hearing about his father’s experiences and business journeys. Mr. Khaled Juffali anecdotes were fascinating giving us a close look at the land, culture, and people that we would not have gained in any other way.
KSA Q1-2019 Budget Statement
Key observations from Jedwa Investment report are as follows:
Government revenue totaled SR245 billion in Q1 2019, up 48 percent, or SR79 billion, year-on-year. Both oil and non-oil revenue saw sizable rises.
Government oil revenue rose by 48 percent, to SR169 billion, and was boosted by a SR124 billion dividend received from Saudi Aramco in March.
Non-oil revenue was up by 46 percent year-on-year with 77 percent of the yearly gains.
Government expenses rose
by 8 percent year-on-year in Q1 2019, to a total of SR217 billion.
A rise in yearly revenue
at a much higher rate than expenditure resulted in a fiscal surplus of SR28
billion in Q1 2019, the first quarterly surplus since at least 2016.
Jeddah, Saudi Arabia Consul General Ryan M. Gliha
JEDDAH: Ryan M. Gliha arrived as Consul General of the U.S. Consulate General in Jeddah, Saudi Arabia on September 16, 2018. A career member of the Senior Foreign Service, Class of Counselor, Ryan most recently served as Chargé d’Affaires, ad interim from November 2017 through August 2018 at the U.S. Embassy in Doha, Qatar after serving as Deputy Chief of Mission there from 2015 through 2017. Previously, Ryan served as Director of the Regional Media Hub and Arabic Language Spokesperson for the U.S. Department of State’s Bureau of Public Affairs at the U.S. Embassy in London, United Kingdom from 2012-2015. During that assignment, Ryan served temporarily as acting Deputy Assistant Secretary of State for International Media in the Bureau of Public Affairs in Washington, D.C. during the summer of 2014.