SAMA FX reserves rose by $1.8 billion month-on-month to stand at $506 billion in June, a recently released report by Jadwa Investment said, noting that FX reserves have risen by $10 billion during the year so far.
Capital Economics (CE) is expecting Saudi economy to achieve accelerating growth in the next half of the year, according to a report issued on Tuesday....
Saudi Arabia's foreign exchange reserves rose by $1.8 billion during June to stand at $506 billion, according to a new research note from Jadwa Investment....
According to figures released by the Directorate General of Passports the number of pilgrims to pass through the Kingdom’s passport control has already reached 603,764...
Saudi Foreign Minister Adel Al-Jubeir discussed the latest developments in Yemen with his Yemeni counterpart Khalid Al-Yamani who called on him at his office in...
NEOM is envisioned as a 10,200-square-mile (26,500-square-kilometer) center for technology and business, fully powered by renewable energy. While serving as a hub for innovation in...
Ankara has vowed to retaliate against extraordinary US sanctions targeting Turkey’s interior and justice ministers over the continued detention of an American pastor, a move...
As part of the United States’ withdrawal from the Joint Comprehensive Plan of Action (JCPOA), the US Treasury Department will restore sanctions on a number...
The record commitment included US$5.9 billion from the International Bank for Reconstruction and Development, which supports development in middle-income countries, and US$430 million from the...
Iran's Islamic Revolutionary Guard is expected to soon begin a major naval exercise that could demonstrate its ability to shut down the Strait of Hormuz,...
Bloomberg
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Netty Idayu Ismail and Filipe Pacheco
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8.2.2018
After trailing every major stock indexes except Pakistan’s in 2017, Qatar is among the world’s biggest gainers this year. The QE Index advanced 1.5 percent...
Israel reimposed a blockade on fuel deliveries to Gaza on Thursday citing a resurgence in kites carrying firebombs over the border and signalling a brief...
A new wave of development is under way in the GCC, where large-scale investments are rapidly being made to build and upgrade core infrastructure projects....
