Saudi King Reviews Economic Outlook
Lesson Brief
Al Sharq Al Awsat
On June 9, Al Sharq Al Awsat repoted that King Salman bin Abdulaziz of Saudi Arabia received the two most recent reports on the country's economic outlook composed by the Saudi Arabia Monetary Agency (SAMA), the kingdom's central bank. The reports, based on statistics in 2013 and 2014, not surprisingly offered a positive outlook on the Saudi economy, and the king praised the agency's role in providing economic stability. The reports did acknowledge that the ongoing decline in oil prices presents a challenge.
The attached video dates from December 2014 and reports on the the Saudi economy and the decline of oil prices.
Click and Match
- optimal use (exploitation)
- الاستغلال الأمثل
- to show, to feature, to demonstrate
- اسْتَعْرَضَ ، يَسْتَعْرِضُ
- local consumption
- الاستهلاك المحلي
- to praise
- أشادَ ، يُشيدُ
- (honorary term for the Saudi king)
- خادم الحرمين الشريفين
- Saudi Arabian Monetary Agency
- مؤسسة النقد العربي السعودي
- to require, to necessitate
- تَطَلَّبَ ، يَتَطَلَّبُ
- bilateral relations
- علاقات ثنائية
- statistics, figures
- إحصائيات
- decline in oil prices
- تراجع أسعار النفط