Recession slows Saudi effort to close budget deficit - Gulf Times
Recession slows Saudi effort to close budget deficit. October 19 2017 11:08 PM. Business. RELATED STORIES. *. A Saudi woman counts Saudi riyal banknotes at a money exchange shop in Riyadh. The growth slump is a threat to ambitious economic ...altro »
Saudi Arabia to set up 10bn riyal entertainment investment firm - The National
Saudi Arabia's Public Investment Fund, the country's sovereign wealth fund, plans to set up a 10 billion Saudi riyal entertainment investment company as part of the kingdom's economic diversification plans to wean itself off oil. The company plans to ...altro »
Saudi Arabia pays 525 billion riyals of private sector bills - The National
Saudi Arabia, the world's biggest oil exporter, has paid the majority of 525 billion riyals worth of invoices from the private sector received within 60 days of receipt, as the kingdom seeks to settle its dues that have caused mayhem for contractors ...
SAMA will raise interest rates to protect riyal's peg to the dollar, says ... - ArabianBusiness.com
In an effort to protect the riyal's peg to the US dollar over the coming years, the Saudi Arabian Monetary Authority (SAMA) may hike interest rates in line with the ...altro »
SAMA to launch virtual riyal for banks | Arab News - Arab News
JEDDAH: The Saudi Arabian Monetary Agency (SAMA) will implement a pilot project to issue a virtual/digital currency that will be traded exclusively among ...altro »
Riyad Bank third-quarter profit up 47.7%, beats forecasts | ZAWYA ... - ZAWYA
The bank, which had reported flat or lower profits in nine of the last ten quarters, made SAR1.08bln ($288mln) in the three months to Sept 30. - ZAWYA MENA ...altro »
Saudi stocks could gain on decision to let women drive - The National
Saudi King Salman on Tuesday issued a royal decree that will be implemented by June 24, 2018, according to state news agency SPA. There are about 10 million women, including foreigners, over the age of 20 living in the kingdom, according to the ...
Saudi women to be fined before lifting of driving ban - Khaleej Times
Saudi women who are caught driving before the June 2018 end of the ban on women drivers will have to pay fine, a media report said on Wednesday. The penalty would be limited to fines ranging between $133 (Saudi Riyal 499) and $239 (Saudi Riyal 896) ...
Saudi Arabia sets up commercial courts to expedite investment ... - ZAWYA
Changes being made to the Saudi legal system are a key aspect of wider social and economic reforms - ZAWYA MENA Edition.altro »
Saudi Arabia to implement bankruptcy law in early 2018: Al Arabiya - Reuters
DUBAI (Reuters) - Saudi Arabia will begin implementing a new bankruptcy law early next year as part of efforts to attract foreign investment and encourage private sector activity, Saudi-owned broadcaster Al Arabiya reported citing the kingdom's ...altro »