The Saudi Central Bank has decided to raise the rate of Repurchase Agreement (Repo) by 25 basis points to 5.50 percent, and the rate of Reverse Repurchase Agreement (Reverse Repo) by 25 basis points to 5.00 percent.This decision reflects global moneta…
GCC Secretary General Says Intensified Joint Work Required to Deal with Regional, Global Transformations
Secretary General of the Gulf Cooperation Council (GCC) Jassem Mohamed Albudaiwi emphasized that the 155th session of the Ministerial Council has been held during times of regional and global transformations and challenges that require joint work and …
Custodian of the Two Holy Mosques Addresses Citizens and Residents of Saudi Arabia, All Muslims, on Occasion of Ramadan
The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, addressed citizens and residents of the Kingdom of Saudi Arabia and Muslims on the occasion of the Holy month of Ramadan 1444 AH.The following is the text of the speech which th…
CEO of SFD Receives Senegalese Minister of Infrastructure
CEO of Saudi Fund for Development (SFD) Sultan bin Abdulrahman Al-Marshad received here today Senegalese Minister of Infrastructure, Land Transport and Opening Up Mansour Faye, and his accompanying delegation.The meeting reviewed SFD-funded developmen…
KSrelief Assistant Supervisor General Meets with Senegalese Minister of Infrastructure
The King Salman Humanitarian Aid and Relief Center (KSrelief) Assistant Supervisor General for Operations and Programs met here today with Senegalese Minister of Infrastructure, Land Transport and Opening Up Mansour Faye.During the meeting, they discu…
Saudi Stock Exchange Main Index Ends Trading Lower at 10350 Points
Saudi Stock Exchange’s main index ended trading lower today, losing 9.23 points to close at 10350.51 points.The total value of trading reported was SAR 5 billion, while the toll of shares traded was 154 million.The Saudi Parallel Market Index (NOMU) e…
SFD Discusses Ways of Enhancing Development Cooperation with UNDP
CEO of Saudi Fund for Development (SFD) Sultan bin Abdulrahman Al-Marshad met here today with United Nations Development Programme (UNDP) Resident Representative for the Kingdom of Saudi Arabia Nahid Hussein and her accompanying delegation.During the …
European Investment Bank: 83% of Young Bulgarians Find Climate Neutrality Important when Job Hunting
Employers’ climate impact as a result of their economic activities is an important factor for young Bulgarians in their job search. 83% of Bulgarians aged 20-29 say the climate impact of prospective employers is an important factor when job hunting, a…
Saudi Stock Exchange Main Index Ends Trading Higher at 10359.74 Points
Saudi Stock Exchange’s main index ended trading higher today, gaining 141.62 points to close at 10359.74 points.The total value of trading reported was SAR 4.9 billion, while the toll of shares traded was 156 million.The Saudi Parallel Market Index (N…