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Economics/Financial Analysis News in Saudi Arabia

Saudi central bank fights to curb money rate rise
8/3/2016 - Saudi Arabia's central bank is having only mixed success in using money market tools to fight a surge in market interest rates caused by low oil prices, and may need to resort to more radical steps, c...
Saudi Trade Represents Half of Dubai's Trade with GCC
1/10/2016 - Saudi Arabia has retained its position as the top trading partner of Dubai among the GCC states, the Arab countries and the Middle East, and has been the fourth top trading partner of Dubai on the glo...
Saudi Arabia's Index Tumbles to Three-year low
12/14/2015 - Saudi Arabia's index tumbled to its lowest level since late 2012 after oil slumped to near 11-year lows and investors dumped stocks. Saudi's benchmark plunged 3.5 to 6,709 points. The index is down 32...
Saudi Economy Resilient, Able to Stand Oil Price Slump
12/12/2015 - The National Bank of Kuwait (NBK) said in a report that the Saudi economy is resilient and able to stand challenges caused by falling oil prices. The Kingdom seems to have ample fiscal space with cent...
Saudi GDP Realizes the Highest Growth Rate among G8
6/10/2014 - During the reign of king Abdullah, Saudi Arabia achieved higher overall economic growth rates. GDP hiked from SR 1.23 trillion in 2005 to SR 2.80 trillion in 2013 up by 127.1%. It the highest growth r...
Saudi Plans Cross-Listing for Foreign Shares
7/18/2012 - Saudi Arabia plans to start cross-listing foreign companies on its stock exchange within a year, a senior stock market official said. Waleed Al-Bawardi, director of cash and markets at Tadawul, the co...
Saudi Ambassador to Egypt Meets his Norwegian Counterpart
6/15/2012 - H.E. Ahmed bin Abdulaziz Al-Qattan, the Saudi ambassador to the Arab Republic of Egypt and the Kingdom's Permanent Representative to the Arab League, met at his office in the Saudi Embassy in Cairo to...
Cabinet Committee to Probe Details of the New Budget
5/14/2012 - Prime Minister Dr. Kamal al Ganzouri has decided to set up a mini cabinet committee to probe details of the new budget of the FY 2012-2013 before referring it to the People's Assembly. Figures indicat...
Saudi Ambassador Visits Vice-President of Tanzania
4/4/2012 - His Excellency Hani bin Abdullah Moamenah, Ambassador of the Custodian of the Two Holy Mosques to the Republic of Tanzania visited His Excellency Dr. Mohamed Gharib Bilal, Vice-President of United Rep...
Lagarde Praises Saudi Role in Stabilising Economy
2/5/2012 - International Monetary Fund managing director Christine Lagarde praised Saudi Arabia's role in stabilising the global economy during a visit to Riyadh on Saturday, but there was no word on the possibi...
Minister of Defense Receives Ambassador of Pakistan
2/1/2012 - His Royal Highness Prince Salman bin Abdulaziz Al-Saud, Minister of Defense, received (8-3-1433) HE Mohammad Naeem Khan, Pakistan's Ambassador to the Kingdom of Saudi Arabia.

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