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Economy

Saudi Central Bank gets a new governor

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s Tadawul All Share Index on Thursday lost 81.94 points — or 0.76 percent —…

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Economy

SAMA among Gulf central banks to mirror US Fed 25 bps interest rate hike  

Follow-ups -eshrag News: RIYADH: The Saudi Central Bank has increased its interest rate by 25 basis points to 5.25 percent,…

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Economy

Lebanon to devalue currency by 90% on Feb. 1: Central bank chief

Follow-ups -eshrag News: Tue, 2023-01-31 20:01 BEIRUT: Lebanon will adopt a new official exchange rate of 15,000 pounds per US…

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Economy

Saudi banks’ profits up 21% in December, central bank data shows

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s Tadawul All Share Index fell 28.81 points — or 0.27 percent — on Monday…

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Saudi news

Standard & Poor’s does not rule out increasing the “Saudi Central” support for banks

Standard & Poor’s agency stated that the rapid growth in lending in Saudi Arabia may put pressure on the liquidity…

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Economy

Saudi Arabia’s central bank issues draft banking system for public consultation

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s commercial real estate sector is witnessing an upturn as the Kingdom’s plan to diversify…

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Saudi news

The “Saudi Central Bank” explores opinions on the “banking system” project

The Central Bank of Saudi Arabia has put forward the “Banking System” project to request public consultations, calling in this…

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Economy

UAE banks’ gross assets rise 0.7% to reach $990bn in November: Central Bank 

Follow-ups -eshrag News: Tue, 2023-01-24 13:17 RIYADH: The gross assets of UAE banks, which includes bankers’ acceptances, increased by 0.7 percent…

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Economy

Saudi Central Bank continues to test its digital currency

Follow-ups -eshrag News: UAE banks’ gross assets rise 0.7% to reach $990bn in November: Central Bank  RIYADH: The gross assets of UAE banks, which…

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Saudi news

The Saudi Central Bank licenses two financial companies to engage in debt crowdfunding

The Central Bank of Saudi Arabia announced the licensing of two new financial technology companies in the activity of crowdfunding…

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