Wednesday 23 January 2019
 
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Al Rajhi

Saudi Arabia’s economic pointers improve

Saudi Arabia’s economic indicators appear to be improving as per the latest monthly economic data released by Saudi Arabian Monetary Authority (Sama), said Al Rajhi Capital, a top financial services provider in the kingdom.

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Fitch raises Saudi 2018 GDP growth forecast

Fitch Ratings has increased Saudi Arabia’s 2018 GDP growth forecast to 2.2 per cent from 1.8 per cent estimated earlier in line with the IMF’s estimate of the Kingdom’s growth (2.2 per cent for 2018) released last month, a repo

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Saudi Arabia ‘set for improved deficit in 2018’

Saudi Arabia’s deficit of SR49 billion ($13 billion) during the first nine months of 2018 was less than the financing of SR52 billion obtained in the first half (H1) of 2018, said Al Rajhi Capital, a top financial services provider, in its

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Saudi Arabia sees sharp fall in H1 fiscal deficit

Saudi Arabia has reported a sharp improvement in fiscal deficit in the first half (H1) of the year, coming in at SR41.7 billion ($11.1 billion), much lower than 50 per cent of SR195 billion projected for the full year by the government, a report

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Saudi Arabia’s GDP expands in Q1: report

Saudi Arabian economy has started to recover in the first quarter (Q1) of 2018 after contracting for four consecutive quarters, backed by the rise in non-oil sector, led by the manufacturing and government and financial services, said a report.

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Saudi cement firms 'may see revenue drop in Q2'

Saudi Arabia’s cement sector is expected to witness a drop in revenue in the second quarter (Q2) of the year, according to a report released by Al Rajhi Capital, a leading financial services provider in the kingdom. The comp

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Saudi cement firms 'may see revenue drop in Q2'

Saudi Arabia’s cement sector is expected to witness a drop in revenue in the second quarter (Q2) of the year, according to a report released by Al Rajhi Capital, a leading financial services provider in the kingdom. The comp

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Saudi cement sector likely to see revenue drop in Q2

Saudi Arabia’s cement sector is expected to witness a drop in revenue in the second quarter (Q2) of the year, according to a report released by Al Rajhi Capital, a leading financial services provider in the kingdom. The comp

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Saudi cement sales weakness persists

Saudi Arabia’s total cement sales for Q1 2018 stood at 11.8 million tons, down 11 per cent year-on-year (y-o-y) and one per cent quarter-on-quarter (q-o-q) as a result of the continued slowdown in construction activity, a report said.

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Saudi cement sales weakness persists

Saudi Arabia’s total cement sales for Q1 2018 stood at 11.8 million tons, down 11 per cent year-on-year (y-o-y) and one per cent quarter-on-quarter (q-o-q) as a result of the continued slowdown in construction activity, a report said.

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