Thursday 15 November 2018
 
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Al Rajhi

Saudi Arabia ‘set for improved deficit in 2018’

Saudi Arabia’s deficit of SR49 billion ($13 billion) during the first nine months of 2018 was less than the financing of SR52 billion obtained in the first half (H1) of 2018, said Al Rajhi Capital, a top financial services provider, in its

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Saudi Arabia sees sharp fall in H1 fiscal deficit

Saudi Arabia has reported a sharp improvement in fiscal deficit in the first half (H1) of the year, coming in at SR41.7 billion ($11.1 billion), much lower than 50 per cent of SR195 billion projected for the full year by the government, a report

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Saudi Arabia’s GDP expands in Q1: report

Saudi Arabian economy has started to recover in the first quarter (Q1) of 2018 after contracting for four consecutive quarters, backed by the rise in non-oil sector, led by the manufacturing and government and financial services, said a report.

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Saudi cement firms 'may see revenue drop in Q2'

Saudi Arabia’s cement sector is expected to witness a drop in revenue in the second quarter (Q2) of the year, according to a report released by Al Rajhi Capital, a leading financial services provider in the kingdom. The comp

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Saudi cement firms 'may see revenue drop in Q2'

Saudi Arabia’s cement sector is expected to witness a drop in revenue in the second quarter (Q2) of the year, according to a report released by Al Rajhi Capital, a leading financial services provider in the kingdom. The comp

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Saudi cement sector likely to see revenue drop in Q2

Saudi Arabia’s cement sector is expected to witness a drop in revenue in the second quarter (Q2) of the year, according to a report released by Al Rajhi Capital, a leading financial services provider in the kingdom. The comp

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Saudi cement sales weakness persists

Saudi Arabia’s total cement sales for Q1 2018 stood at 11.8 million tons, down 11 per cent year-on-year (y-o-y) and one per cent quarter-on-quarter (q-o-q) as a result of the continued slowdown in construction activity, a report said.

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Saudi cement sales weakness persists

Saudi Arabia’s total cement sales for Q1 2018 stood at 11.8 million tons, down 11 per cent year-on-year (y-o-y) and one per cent quarter-on-quarter (q-o-q) as a result of the continued slowdown in construction activity, a report said.

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Saudi Arabia’s credit to private sector edges up

Saudi Arabia’s credit to the private sector rose on a monthly basis for the first time in five months in January 2018 reflecting a 0.2 per cent increase month-on-month (m-o-m), said Al Rajhi Capital, a top financial services provider.

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Global oil usage ‘likely to top 100 mbpd in 2018’

Average global consumption was 93.6 million barrels per day (b/d) in 2014, and is likely to increase to 100.1 million b/d in 2018 and 101.8 million b/d in 2019, said a report. The optimal level of inventories to meet surge in dema

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