Saudi Arabia’s IMF Leadership: Driving Global Financial Stability
The International Monetary Fund (IMF) has acknowledged Saudi Arabia’s ongoing support and leadership in global financial matters. During a recent ...
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Tag: Economic Stability
Saudi Arabia’s Inflation Rate Steady at 1.6%
Saudi Arabia's annual inflation rate held steady at 1.6% in August, as reported by the General Authority for Statistics (GASTAT). ...
Saudi Inflation Rate Steady at 1.6% in August 2024
The General Authority for Statistics (GASTAT) has released the Consumer Price Index (CPI) for August 2024. This index reveals that ...
Saudi Inflation Rate Steady at 1.6%
The annual inflation rate in Saudi Arabia has held steady at 1.6 percent over the past three months, indicating relative ...
Saudi Central Bank’s Reserves Surge by 5.5% Yearly
The Saudi Central Bank, known as SAMA, has witnessed a robust annual increase in its reserve assets, rising by 5.5% ...
Saudi Official Reserves Surge to Over $450 Billion
The Kingdom of Saudi Arabia has seen its official reserve assets escalate to SR1.7 trillion (equivalent to $452.8 billion) as ...
Saudi Banks Exhibit Solid Growth with $677B Deposits
February records reflected a substantial 10.26 percent year-on-year increase in Saudi banks' total deposits, hitting the SR2.54 trillion ($677 billion) ...
Saudi Arabia Strengthens Its Position in Global Finance
The Saudi Finance Minister, Mohammed bin Abdullah Al-Jadaan, has taken a significant step in bolstering the Kingdom's influence on the ...