Saudi FM receives call from Iran’s Araghchi
Saudi Arabia’s Foreign Affairs Minister Prince Faisal bin Farhan received a call on Sunday from his Iran counterpart Abbas Araghchi to discuss the latest developments in the Middle East. Prince Faisal affirmed […]
Saudi bank credit rises 7.3% as deposits grow to $835bn
Saudi Arabia’s banking sector continued to expand in June, with total bank credit rising 7.3 percent year on year to SR3.42 trillion ($912 billion) and overall bank deposits increasing 8.9 percent to SR3.13 […]
Saudi Arabia opens August ‘Sah’ sukuk with 4.7% annual return
Saudi Arabia has opened subscriptions for its August “Sah” savings sukuk, offering a fixed annual return of 4.70 percent, up from 4.60 percent in the previous month’s issuance. The subscription window opened at 10 a.m. Saudi time on Aug. […]
