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05 April 2025

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Three students win key awards

Three students from Ajman University won the Rising Star Awards at the Architectural Students Design Competition held

Saudi switch to bank deposit investment

Saudi Arabia is switching to bank deposits at the expense of securities in its overseas investment strategy to ensure

Salam Yiti gets positive eco results

Sama Dubai, the real estate investment and development arm of Dubai Holding, said yesterday that its Salam Yiti project

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Fuel consumes 45% of cost for Sama Airlines

  Soaring oil prices have triggered a 40-45 per cent growth in fuel as a percentage of cost for Saudi Arabian low-cost

Saudi Arabia makes rare repo rate cut amid crisis

Saudi Arabia's central bank cut its key benchmark repo lending rate by 50 basis points for the first time in almost two

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Sama Dubai judges seek time to decide on verdicts

The Sama Dubai corruption case appeal was adjourned yesterday so that the judges could have more time to complete their

Saudi gold reserves more than double: WGC

The World Gold Council (WGC) has more than doubled the estimated gold holdings of the central bank of Saudi Arabia –

No change in Sama policy as new governor takes charge

Saudi Arabia yesterday sought to reassure its Gulf allies that there would be no change in its monetary policy

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Saudi CB tightens lending curbs

Saudi Arabia's central bank confirmed on Tuesday it had raised bank reserve requirements to 12 per cent from 10 per

Saudi inflation may continue, but at a slower pace

Saudi Arabia's central bank said inflation, which hit a 30-year high of 10.6 per cent in June, would continue to rise

Saudi central bank less affected by the global slowdown

The Saudi Arabian Monetary Agency (Sama) has emerged almost unscathed by the global financial crisis as the bulk of its

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Sama governor likley to chair GCC central bank

Mohammed Al Jasser, Governor of the Saudi Arabian Monetary Agency (Sama), is the most likely candidate to chair the

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