Saudi Budget Gap Falls Below 10% in 2017, Finance Ministry Says

The decline is in line with the median estimate of 11 economists surveyed by Bloomberg. A lower deficit would be a welcome … The economy is expected to contract 0.5 percent this year, according to the latest Bloomberg survey of 14 economists conducted this month. SAUDI ARABIA PREVIEW: Budget
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Bay Area home prices raced upward again in November, climbing 12.5 percent beyond their levels of a year earlier. The steepest regional increase in the state brought the median price of a single-family home across the nine-county region to a lofty $910,350, according to the latest analysis by the
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Funcom, the team behind the survival PC title, Conan Exiles has announced a new company, Heroic Signatures, in association with Cabinet Group LLC. This company will hold and manage the interactive rights for licenses such as Conan the Barbarian, Solomon Kane, Mutant Chronicles, Dark Agnes,
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I recently wrote that the mortgage industry has been suffering from shiny object syndrome. Our quest to build a better borrower experience, I argued, has been hampered by our tendency to fixate on one small piece of the puzzle — the borrower's application experience — instead of considering the
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Franklin Sciortino, director of the U.S. Small Business Administration's Buffalo District Office, didn't think much of Robert Wilmers' plans to become the top lender of SBA loans in Western New York. “When I first met him, he said to me, 'I'm going to be No. 1' and I said 'Yeah, OK, I've heard that before,'”
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REPOSTED DIRECTLY FROM INMAN NEWS. THIS CONTENT HAS NOT BEEN MODERATED BY WFG NATIONAL TITLE. The Republican tax reform plan has elicited reactions from prominent organizations and individuals in real estate across the country. Here's a collection of what we've seen so far:
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Walt Disney Co. will probably look at one of two internal candidates to lead ESPN, according to a person with knowledge of the matter, after John Skipper unexpectedly stepped down because of a substance addiction. Programming boss Connor Schell and distribution chief Justin Connolly are likely
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Puerto Rico Governor Ricardo Rossello ordered a review of deaths caused by Hurricane Maria, acknowledging the government may have under-reported fatalities. Rossello, whose administration has said 64 people died as a result of the Sept. 20 cyclone, on Monday ordered the island's Demographic
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President Donald Trump's bid to speed up regulatory approvals is relying on a “lean manufacturing” approach inspired by Toyota Motor Corp. The Environmental Protection Agency's chief of operations has a long history of implementing Toyota's concept, which focuses on labor-management dialogue to
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The second “Bad Company” title took things to another level by bringing more destructive elements into the fold and providing players with more freedom to just go nuts. The next-level destruction allowed players to become more creative, and developers also made sure to include a new single player
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Toys “R” Us Inc., which filed for bankruptcy in September, is considering closing at least 100 U.S. stores in the face of weak holiday sales, according to people with knowledge of the situation. U.S. sales have declined about 15 percent this Christmas-shopping season from a year earlier, according to
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Fintech startup EarnUp has partnered with GreenPath Financial Wellness and Federal Home Loan Mortgage Corp (OTC: FMCC) to launch Simple Payment Plan, a new financial tool aimed at helping users budget their money, including saving more and paying off debts faster. The Simple Payment Plan
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Want to receive this post in your inbox every morning? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more. Whether 2018 is a success or failure for Republicans may come down to this week. After a series of fits, starts and last-minute horse
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Investors may be tracking certain levels on shares of Investors Real Estate Trust (IRET). The current 50-day Moving Average is 5.96, the 200-day Moving Average is 5.96, and the 7-day is noted at 5.79. Moving averages can help spot trends and price reversals. They may also be used to help find support
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That's how much the value of LongFin Corp. surged to after the microcap's stock rocketed by as much as 2,600 percent since debuting Wednesday. Most of the gains came since Friday, when the company issued a press release saying it bough Ziddu.com, “a blockchain-empowered global micro-lending
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Bloomberg's Kevin Cirilli reports on what groups could benefit from the GOP tax reform plan. Exploiting tax loopholes is a sport associated with rich people and their fancy accountants. State governments may have to start getting fancy, too. Republican Senate and House negotiators in Washington
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In the salad days of bitcoin, venture capital firms bought into the craze in a roundabout way. Instead of simply purchasing bitcoins, they invested in companies like Coinbase, which makes a wallet for digital currencies, or 21.co, which aimed to improve the process of mining coins. Some of these bets
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Here's a Grinchian question for the holidays: How much do Americans spend on stuff they don't really need? A very rough analysis suggests they're blowing more money on nonessential items than they have in more than 17 years. Back in the 1950s, the economist John Kenneth Galbraith made a bleak
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After Bloomberg asked about her situation, the hospital said it will reach out to her “to close out her account and resolve credit reporting issues.” Other medical providers are in the collections business. HCA, the nation's largest for-profit hospital chain, has a subsidiary called Parallon that boasts on its
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While the most common method for gaining international exposure may be to buy low-cost, market cap-weighted index funds, the performance of this systematic relative strength strategy over time provides a compelling argument for turning to an active approach-especially in the international area.
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