Saudi Oil Giant Aramco Set to Acquire 2.1 Billion SABIC Shares
Saudi Arabia’s Aramco has implemented the acquisition of 70% stake in Saudi Basic Industries Corp. (SABIC), the petrochemical giant ...
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Saudi Central Bank Funds $13.3 Billion to Support Bank Liquidity
In the wake of coronavirus pandemic, Saudi Central Bank said on Monday to be providing $13.3 ...
Saudi Sovereign-Wealth Fund on a Stakes Buying Spree
Saudi Arabia’s $300 billion sovereign-wealth fund has turned out to be one of the largest bargain hunters, buying ...
Saudi’s Finance Ministry issues $1.53bn in Sukuk
Saudi Arabia’s Ministry of Finance has raised 5.755 billion riyals ($1.53 billion) in sukuk, as part of the monthly ...
Saudi’s Central Bank reconfirms pegging to U.S. Dollar
The Saudi Arabia’s central bank which is aiming at a sustainable economic growth during the coronavirus pandemic asserted its commitment ...
Saudi residential market observes an upturn of 2.1% in property prices
Giving a cautious optimism for the real estate sector, the Saudi Real Estate Index increased by 1.2% in the ...
Saudi Central Bank Regulator Imposes Fines on 16 Institutions for Violations
Saudi Arabian Monetary Authority (Sama) has fined 16 financial institutions including the country’s largest banks for ...
Global Plastic Ban Treaty – Countries Fail Yet Again
Like most international treaties, even an issue as pressing as plastic pollution could not bring the ...
Israel and Hezbollah Reach 60-Day Cease Fire Agreement After US Peace Efforts
The US aims to reach an agreement to normalise relations between Israel and Saudi Arabia and ...
UAE Stock Market Hits $1 Trillion Milestone As IPO Booms
UAE stock market growth was due to successful IPOs, increased foreign inflows, and strong corporate earnings. ...
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