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SAUDI RIYAL
OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market powerUAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...- Thomas Cook India adds 16 currencies to its prepaid forex cardsThomas Cook India has increased its prepaid Forex Card offerings to 28 global currencies. This expansion caters to growing travel demand to...
- Saudi Arabia bars visit visa holders from Hajj, entry restricted without permitSaudi Arabia has prohibited all visit visa holders from performing Hajj this year, restricting entry to Mecca and holy sites solely to thos...
- Saudi Arabia gives confirmation on no refunds for cancelled exit and re-entry visas to the countrySaudi Arabia's Jawazat has clarified that exit and re-entry visa fees are non-refundable, even upon cancellation, impacting expatriates pla...
- Saudi Arabia unveils currency symbol to promote financial statusThe design, made up of Arabic calligraphy of the word riyal, will be implemented gradually for use in financial and commercial transactions...
- Saudi Arabia posts budget deficit of $3.30 billion in first quarterSaudi Arabia faces a Q1 2024 deficit of 12.387 billion riyals due to lower oil revenues. The kingdom plans giga-projects for economic diver...
- Saudi-backed oil and gas driller ADES expected to price IPO at top of rangeThe company backed by Saudi Arabia's PIF sovereign wealth fund is expected to price its shares at 13.50 riyals ($3.60), the bank said in a ...
- Saudi Arabia issues nearly $9.6 billion local sukuk after early redemptionsThe government of Saudi Arabi has issued new local currency Islamic bonds worth around 35.9 billion riyals ($9.57 billion) after buying bac...
- Saudi Arabia approves 2023 budget, surplus seen shrinking - Saudi mediaSAUDI-ECONOMY/BUDGET (URGENT)Saudi Arabia approves 2023 budget, surplus seen shrinking - Saudi media
- Saudi oil giant Aramco shares hit record highAramco's stock was trading at 42.9 Saudi riyals ($11.4) in Riyadh, according to the Saudi Tadawul market website.
- Saudi sovereign fund PIF set to raise $3.2 bln in Saudi Telecom stake saleThe deal, which was marketed internationally, is the biggest equity capital market transaction in the Middle East this year, said a source ...
- Saudi Arabia's STC Pay gains digital banking licenceSaudi Telecom's STC Pay business will be converted into a digital bank with paid-up capital of 2.5 billion riyals ($666.7 million) after Sa...
- Saudi Arabia's imports from Turkey edge up in FebruaryImports from Turkey came to 24.5 million riyals ($6.53 million) in February, up from 14.1 million riyals a month earlier but still about 98...
- Saudi Arabia imports from Turkey hit fresh record low amid informal boycottImports from Turkey fell to 14.1 million riyals ($3.76 million) from 50.6 million in December, and from 622 million riyals in January 2020,...
- Currencies equivalent to Rs 1.13 crore seized from flyerThe currencies - USD, Omani Riyal, Saudi Riyal and UAE Dirhams - were concealed in savoury packets in thebaggage of the passenger at the in...
- Saudi Arabia 2021 budget: Spending cut announced after deficit spike on oil, COVID-19Saudi Arabia expects the economy to shrink by 3.7% this year but to swing back to a 3.2% growth next year. Saudi Finance Minister Mohammed ...
- Saudi Arabia to get sovereign wealth fund dividend, has no tax hike plan: FinMin"We called for part of the dividends, so we are possibly going to receive around 15 to 25 billion Saudi riyals in dividends from PIF," Fina...
- Indians brace for Saudi ‘family tax’The fee — 100 riyals (approx. Rs 1,700, as on Tuesday) per month for each dependent — is likely to prove a big financial burden for the Ind...
- Saudi Arabia to invest $133 billion for power generation and water projects"Energy consumption in Saudi Arabia is witnessing an unprecedented growth, prompting a wave of investments expected to reach $133 billion."
- Sabic takes a 2.4% hit on payout newsSaudi Basic Industries, the world’s biggest chemicals maker by market value, fell after the company announced its 2007 dividend and share b...
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