Saudi Arabia presses with big projects despite oil price fall - FT.com
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He said the government had committed to almost 2,600 projects valued at $50bn last year, although it was unclear whether this was an increase on the previous year.
The creation of the council of economic and development affairs, formed by King Salman when he came to the throne in January, would foster quicker decision making and an improved environment for business and investment, said Mr Assaf.