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Sama backs Saudi banks with SR26bn
In an attempt to enhance stability in the Saudi banking sector in light of the global financial... Read full article »
Saudi Arabia sees no need for loans to cover deficit
Saudi Arabia has stressed that it sees no need to borrow to cover the projected deficit this... Read full article »
Saudi banks post SR26.3bn profits despite world financial crisis
Saudi banks seem to have been able to bypass the world financial crisis, which has led to the... Read full article »
Saudi loans for construction sector top SR24bn
The total volume of loans presented by the Industrial Development Fund (IDF) for the building and... Read full article »
Saudi Arabia announces SR 1.1 trillion budget
Saudi Arabia announced its largest ever national state budget with expenditure amounting to... Read full article »
Saudi trade exchange rises by 1525% in a decade
The Saudi Arabian trade balance surplus increased to SR536.3bn in 2007 from SR32.99bn in 1998.... Read full article »
Saudi government boasts SR1.6 trillion of external assets
Saudi Arabia has confirmed that its external foreign assets had grown by 1.7% by the end of... Read full article »
Saudi rental prices predicted to fall as building permits grow 213%
The number of both public and private residential and commercial buildings permits issued for the... Read full article »
Saudi economy 'strong enough to ride out recession'
King Abdullah's presence at the recent G20 economic summit in Washington with other leaders from... Read full article »
Foreign direct investment in Saudi Arabia up 33%
Saudi Arabia attracted SR90bn of foreign investment in 2007, an increase of 33% compared to 2006,... Read full article »
Saudi rail projects begin to move ahead
While Saudi Arabia's ambitious plan to build a national railway system is moving ahead at a more... Read full article »
Saudi World Competitiveness ranking soars
Saudi Arabia has been placed sixteenth in the world for international competitiveness by the... Read full article »
Saudi Arabia invests SR1.5 trillion to curb inflation
Saudi Arabia is exerting huge efforts to fight unprecedented inflation in the country, which has... Read full article »
Saudi defence industry strategy takes shape
Plans to develop military aircraft production in Saudi Arabia are moving ahead following the... Read full article »
IMF vindicates Saudi dollar peg
Saudi Arabia's economy has almost doubled since 2002 with nominal gross domestic product... Read full article »
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