Middle-east Arab News Opinion | Asharq Al-awsat

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An investor monitors a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia January 18, 2016. REUTERS/Faisal Al Nasser

Saudi Stocks Rise after Release of 2017 Budget

by Shuja Al-Baqmi | Dec 26, 2016 | Business

Riyadh – Saudi Arabia’s stock market rose 100 points on Wednesday on the eve of the government’s release of its 2017 budget. The Saudi stock index added 1.5 percent to 7,191 points, nearing technical resistance on this year’s peak of 7,235 points, hit earlier...

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Federal Reserve Board Chair Janet Yellen answers a reporter’s question during a news conference about the Federal Reserve’s monetary policy, Dec. 14, 2016, in Washington. / AP

U.S. Federal Reserve Raises Interest Rates

by Asharq Al-Awsat | Dec 15, 2016 | Business

London – U.S. Federal Reserve decided to raise interest rates for the first time in 2016 since the election of Donald Trump, and the second time in a decade. The bank voted unanimously to raise the U.S. central bank’s target range for the federal funds rate to 0.50 to...

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King Salman bin Abdulaziz Al Saud chairing a cabinet session. SPA

Saudi Arabia Unveils New Version of Currency

by Shuja Al-Baqmi | Dec 13, 2016 | Business

Riyadh- The new version of the Saudi currency will be unveiled today for the public at a ceremony, said the Saudi Arabian Monetary Authority. SAMA will officially launch the sixth issue of the banknotes and coins of the Saudi riyal on Tuesday, bearing the motto...

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Crown Prince Mohammed bin Nayef, left, and Deputy Crown Prince Mohammed bin Salman, right. SPA

Saudi Crown Prince, Deputy Crown Prince Receive Copy of SAMA 52nd Annual Report

by Asharq Al-Awsat | Nov 15, 2016 | Business, Saudi Arabia

Riyadh- Crown Prince Mohammed bin Nayef bin Abdulaziz, Deputy Premier and Minister of Interior, lauded the strenuous efforts exerted by the Saudi Arabian Monetary Agency (SAMA) to contribute to the financial stability of the Kingdom of Saudi Arabia, noting the...

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Saudi King Receives SAMA annual report on Monday/SPA

Saudi Arabia: No Worries on Investment In America…No Pressure on Liquidity

by Asharq Al-Awsat | Nov 15, 2016 | Saudi Arabia

Riyadh- Saudi Arabia’s Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud commended the financial situation of the Kingdom – thanks to its security and stability, and the Saudi Arabian Monetary Agency’s efforts to serve the national...