17 Jul 19: Saudi Arabia approved a law on government tendering and procurement procedures aimed at improving transparency, competition and fairness in order to streamline its budget, the finance ministry said. The new law regulating the way the government issues bids and procures goods or services is an "important measure" as part of the kingdom's Vision 2030, the Ministry of Finance said on its website on Tuesday. It will help the government balance its fiscal position by improving the efficiency of financial planning and managing resources. "The law will enhance integrity and competition by preventing the impact of personal interests, thereby protecting public funds,"…