Middle-east Arab News Opinion | Asharq Al-awsat

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Public Investment Fund Logo

Public Investment Fund Launches the ‘Saudi Real Estate Refinance Company’

by Shuja Al-Baqmi | Oct 20, 2017 | Business

Riyadh – The Public Investment Fund (PIF) has announced the establishment of the Saudi Real Estate Refinance Company (SRC), in line with Saudi Vision 2030 objectives to improve the performance of the real estate market, increase its contribution to GDP, and...

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Saudi Arabia’s central bank governor Ahmed Al-Kholifey gestures during a news conference in Riyadh on Wednesday, Photo taken by : Saad al-Anzi, Asharq Al-Awsat

Saudi Arabia Studies Issuing Three Banking Licenses, Establishing a Digital Currency

by Nayef Al-Rasheed | Oct 5, 2017 | Business

Riyadh – The Saudi Arabian Monetary Agency (SAMA) expected positive growth rates for the Saudi economy over the upcoming period, confirming that the national economy achieved a 1.7% growth so far, compared to last year’s 3.5%. SAMA’s report highlighted the...

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Custodian of the Two Holy Mosques King Salman receives Minister of Finance Mohammed Al Jadaan, SAMA Governor Ahmed Al-Khulaifi, and deputy governors of SAMA who presented the 53rd annual report of the Saudi Arabian Monetary Authority (SAMA) at Al-Salam Palace in Jeddah on Tuesday. — SPA

King Salman Receives Positive Annual Report from SAMA

by Asharq Al-Awsat | Sep 27, 2017 | Saudi Arabia

Jeddah- Custodian of the Two Holy Mosques King Salman received on Tuesday the 53rd annual report of the Saudi Arabian Monetary Authority (SAMA), which reviews the economic and financial developments in the Kingdom during the year 2016. The report was presented to the...

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King Salman Chairs National Cabinet Session on September 26, SPA

King Salman Chairs Cabinet Session, Says Kingdom Will Remain a ‘Strong Fortress’

by Asharq Al-Awsat English | Sep 26, 2017 | Saudi Arabia

Saudi King Salman bin Abdulaziz chaired the Cabinet’s session at Al-Salam Palace in Jeddah on Tuesday at which he said that the Kingdom will remain a ‘strong fortress’ in which growth and development continue. King Salman expressed his pride in the Kingdom...

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A female Saudi pharmacist works at the International Medical Center in Jeddah June 4, 2007. REUTERS/Susan Baaghil

Saudi Arabia Promotes Investment in Health Sector

by Shuja Al-Baqmi | Sep 12, 2017 | Business

Riyadh- Saudi Arabia is taking speedy steps through introducing some regulations and legalizations that would promote investment in the health sector, amid an approach to raise contribution of this sector in the GDP – an added value to the national economy. The...