Friday 29 August 2014
 
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Saudi Central bank

Saudi cenbank to supervise foreign share listing

Saudi Arabia's central bank will play a bigger role in the supervision of the country's financial sector as the kingdom weighs opening up its stock market to direct investments by foreigners. The country's Capital Market Author

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Saudi cbank 'not worried' about inflation

Saudi Arabia's inflation levels are not worrying and will continue to decline, the country's central bank governor Muhammad Al-Jasser has said.    "Inflation levels are not worrying. Inflation has become stable since the be

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Currency union may be delayed

Gulf states plan to launch their monetary council next year but the proposed single currency may be delayed, the Saudi central bank chief has said. 'The (Gulf) monetary council will be established in 2010. It will be entrusted to compl

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Saudi cbank sees lower rents on housing supply

Rents in Saudi Arabia are expected to decline further as more housing supply enters the market, the central bank governor said on Tuesday. Speaking at a news conference, Muhammad al-Jasser said rents would decline due to the 'vigorous

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Saudi central bank gets deputy chief

Saudi Arabia's King Abdullah has appointed Abdulrahman Al-Humaidi as deputy governor of the kingdom's central bank, the official news agency SPA reported on Sunday. The appointment should not lead to any policy changes at the centr

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Saudi cbank cuts reverse repo rate

Saudi Arabia's central bank said it reduced on Tuesday the reverse repurchase rate by 25 basis points to 0.50 percent to realign it with short-term rates after inflationary pressures eased. "This measure has been taken in view of the easin

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