Dubai: Expatriate remittances from Saudi Arabia reached $3.44 billion (Dh12.4 billion) in July, marking a 21per cent increase ...

Gold prices rose in Saudi Arabia on Friday, according to data compiled by FXStreet . The price for Gold stood at 312.84 Saudi Riyals (SAR) per gram, up compared with the SAR 312.07 it cost on Thursday ...

DUBAI: Most stock markets in the Gulf ended higher on Thursday, after most central banks in the region cut their ...

South Africa's central bank cut its main interest rate for the first time in more than four years on Thursday, as it said it ...

Fed cut its rate by 50 bps on Wednesday as policymakers see another half a percentage point fall by end of this year ...

Rate cuts align with Fed policies as Gulf currencies are mainly pegged to US dollar, except for Kuwait's dinar ...

Egypt's Prime Minister Mostafa Madbouly said on Thursday that a planned Saudi Arabian investment of $5 billion in Egypt is ...

Egypt has been seeking large-scale investments as it tries to overcome a long-running economic crisis that led to record ...

Egypt aims to welcome 15.2mln tourists in 2024, he noted, adding that the ministry has a plan to draw in 30mln tourists ...

CAIRO/DUBAI - Saudi Arabia's central bank, also known as SAMA, cut its Repurchase Agreement (repo) rate by 50 basis points (bps) to 5.50% on Wednesday, according to a statement, and its reverse repo ...

If there was any legitimate argument that the Reserve Bank should be nationalised, it is frankly negated by the stellar performance of the monetary authorities over the past four years.