News Saudi Arabia Exchange rate: Saudi Arabia, Gulf peers raise interest rates after US Fed hike
Saudi Arabia and several Gulf countries raised key interest rates by 25 basis points following the US Federal Reserve's hike, in line with the need to maintain monetary and exchange-rate stability.
News Saudi Arabia Exchange rate: Saudi Arabia to Start Manufacturing Drones, Eyeing Foreign Exports
Saudi Arabia’s INTRA Defense Technologies CEO Abdulsalam Ghamdi said unmanned aircraft systems have become a useful technology for many fields, indicating that a developed country such as the Kingdom ...
News Saudi Arabia Exchange rate: Egypt gets Gulf help again as eyes turn to currency flexibility
Gulf Arab states are channelling up to $22 billion to Egypt to help it overcome a currency crisis, the third such rescue in a decade, as analysts watch for greater exchange rate flexibility to avert ...
News Saudi Arabia Exchange rate: Factbox-What global banks forecast for Fed rate hikes in 2022
(Reuters) - U.S. officials held discussions with Saudi Arabia about a "collaborative approach" to managing potential market pressures stemming from a... (Reuters) - Bitcoin dropped 7.4% to $40,631.78 ...
News Saudi Arabia Exchange rate: Sukuk Bond: Pakistan raises $1b at highest-ever rate of 7.95%
Pakistan on Monday raised $1 billion through Sukuk bond at a 7.95% interest rate, which is the highest-ever rate that the country has agreed to pay in the history. Pakistan has issued the seven-year ...
News Saudi Arabia Exchange rate: Biden’s Foreign Policy at One: Change, But No Course Correction
In its first year in office, the Biden administration has done a reasonably good job of reversing the idiocies of its predecessor. It has failed, however, ...
News Saudi Arabia Exchange rate: The MBS Economy
Instead, the kingdom would integrate its economy into global financial markets as both a destination and a source of investment. Riyadh’s sovereign wealth fund, he announced, would take over “more ...
