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05 April 2025

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Saudi replaces central bank governor, ministers in reshuffle

Saudi Arabia's King Abdullah on Saturday replaced Central Bank Governor Hamad Saud al-Sayyari with his deputy, Muhammad

Saudi banks' profit drops 12.6% in October-November

Profits generated by Saudi commercial banks, including the 11 listed ones, fell 12.6 per cent in the October-November

Saudi boosts foreign investments by SR83bn

Saudi Arabia boosted its investments in foreign securities by more than SR83 billion (Dh304.61bn) in the first five

Saudi foreign securities assets surge in H1

Saudi Arabia boosted its investments in foreign securities by nearly SR73 billion in the first half of 2010 as the

Saudi investment income falls

Saudi Arabia earned more than SR34 billion from its overseas investments in 2009, with the income remaining high

High oil prices boost Saudi foreign assets by SR16bn

An improvement in oil prices boosted Saudi Arabia's foreign assets by nearly SR16 billion (Dh15.67bn) in January for

UAE among top 10 in global SWF rank

The Abu Dhabi Investment Authority (Adia), Saudi Arabia's Sama Foreign Holdings and Kuwait Investment Authority (KIA)

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Saudi money supply growth slows to 19%

Money supply growth in Saudi Arabia slowed to 19.3 per cent in April as the government moved to control the highest

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Saudi policy fails to stem liquidity

(AFP)        Saudi Arabia’s decision to force its banks to boost their reserves has failed to curb soaring domestic

Liquidity squeeze starts to bite in Saudi

Annual growth in the Saudi money supply rose for the first time in three months in August but the Arab World's largest

Bonyan sells out Dh5bn Sama and majority of Eye of Ajman project

Bonyan International Investment Group (Holding), a real estate developer, said yesterday that it has sold majority of

IMF overly pessimistic on oil price forecast, says Saudi minister

Saudi Arabia's Finance Minister Ibrahim Al Assaf yesterday dismissed the likelihood of a contraction in the economy of

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