 |
Saudi boosts investment in foreign bondsSaudi Arabian Monetary Agency (Sama) saw its investment in overseas bonds and shares soar to SR1.7 trillion ($453.2 billion) by December 2012, thus registering a 21 per cent growth over the previous year, said a report. This More… |
 |
Saudi to allow foreign real estate finance firmsSaudi Arabia will allow foreign financing companies to operate in the kingdom to boost the real estate financing sector, Saudi Arabian Monetary Agency (Sama) Governor Fahad Al-Mubarak was quoted as saying by a report. More… |
 |
New Saudi mortgage law ‘positive, impact in long-term’The partial regulations for the Saudi Mortgage Law published by the Saudi Arabian Monetary Agency (Sama) are positive and will impact the banking sector in the medium to long term, said a report released by NCB Capital. “The More… |
 |
ITS deploys security system in Sama bankITS (International Turnkey Systems) Group, a leading software firm, has developed a security system for Saudi Arabian Monetary Agency (Sama) to manage electronic payments, digital signatures and smart cards. The security system has been im More… |
|
ITS develops payments system for Saudi cbankITS (International Turnkey Systems) Group, a leading software firm, has developed a security system for Saudi Arabian Monetary Agency (Sama) to manage electronic payments, digital signatures and smart cards. The security system has been im More… |
 |
Saudi appoints new central bank headSaudi King Abdullah on Tuesday appointed a new central bank governor and named a new economy minister in a limited reshuffle of the Opec member's cabinet, which did not affect the oil ministry, state television reported. &nb More… |
 |
Saudi beverage firms win quality awardsSeveral Saudi Arabian companies within the regional beverage industry have gained the “Qatra Award 2010” for the quality of their products at a recent beverage conference in Beirut. The Al Rabie Saudi food Company won the award for its bes More… |
 |
Saudi inflation pressures worrying: cbankInflationary pressures in Saudi Arabia are worrying but the central bank sees no need to adjust interest rates, its governor Muhammad Al-Jasser said on Sunday. 'At 6.1 percent, the inflationary pressures are worrying ...We are monitori More… |
 |
Sama lays off staff as funding talks failTroubled low-cost Saudi carrier Sama on Saturday told its staff that most of them will have to be laid off immediately after talks with the government failed to yield a commitment to support the loss-making company. The private firm suspen More… |
 |
Saudi inflation to edge up, no policy action seenSaudi inflation will probably keep edging higher after hitting a 17-month high in July, but the central bank is unlikely to take any action as the main sources of price pressures are beyond its control, analysts say. Consumer price growth More… |
