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Saudi reserve assets rise to $459bn in May on foreign deposit surge 

Saudi reserve assets rise to $459bn in May on foreign deposit surge 

  • Net foreign assets stood at 63.7% of GDP
  • Investments in foreign securities fell by roughly 2% month on month
By Dayan Abou Tine ·
Saudi Arabia’s weekly POS spending holds above $3bn as apparel sales climb: SAMA  graphic

Saudi Arabia’s weekly POS spending holds above $3bn as apparel sales climb: SAMA 

By Nirmal Narayanan   ·
Saudi Arabia’s expat remittances hit near 9-year high at $4.13bn in March

Saudi Arabia’s expat remittances hit near 9-year high at $4.13bn in March

By Dayan Abou Tine ·
Saudi bank lending hits $827bn in March, fastest growth in over 3.5 years

Saudi bank lending hits $827bn in March, fastest growth in over 3.5 years

By Dayan Abou Tine  ·
Saudi Arabia proposes lower bank guarantee requirements for finance licenses 

Saudi Arabia proposes lower bank guarantee requirements for finance licenses 

By Nirmal Narayanan   ·
Education drives weekly POS spending in Saudi Arabia to over $3bn  graphic

Education drives weekly POS spending in Saudi Arabia to over $3bn 

By MIGUEL HADCHITY  ·
Expat remittances from Saudi Arabia hit $3.4bn in February, a 37% annual growth 

Expat remittances from Saudi Arabia hit $3.4bn in February, a 37% annual growth 

By Dayan Abou Tine  ·
Real estate leads corporate lending as bank loans top $811bn

Real estate leads corporate lending as bank loans top $811bn

By Dayan Abou Tine ·
SAMA grants license to Alannaya Al-Yatmania to conduct finance aggregation services

SAMA grants license to Alannaya Al-Yatmania to conduct finance aggregation services

By Reem Walid ·
Saudi e-commerce sales soar 45% in January, surpassing $5.5bn

Saudi e-commerce sales soar 45% in January, surpassing $5.5bn

By Dayan Abou Tine ·
Update King Salman approves Saudi riyal symbol

King Salman approves Saudi riyal symbol

By Arab News ·
Saudi expat remittances surge to three-year high $38.5bn, SAMA reveals

Saudi expat remittances surge to three-year high $38.5bn, SAMA reveals

By Dayan Abou Tine ·
Saudi Arabia takes steps to strengthen personal data protection

Saudi Arabia takes steps to strengthen personal data protection

By Nour El-Shaeri ·

Opinion

Osama Al-Sharif
Israel is losing the war of algorithms over Gaza
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Chris Doyle
Shifting narrative: Why more Israelis are using the G-word
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Yossi Mekelberg
Is a desperate Netanyahu plotting an early election?
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Dalia Al-Aqidi
Socialists in the US are making promises they cannot keep
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Hassan Al-Mustafa
Saudi Arabia leads the way in push for two-state solution
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